OFF MARKET

149 Kerry Road
Archerfield QLD 4108

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 13774m2
Land area: 44340m2
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Property Details for 149 Kerry Rd, Archerfield

Building Type
Commercial
Floor Size
13774m2
Land Size
44340m2
Local Government
Brisbane
Lot/Plan
4/RP809718

Last Listing description (May 2023)

The opportunity exists for astute investors to purchase a long term lease to an ASX 100 Listed Company. Located in an established industrial precinct with access to major arterial roads and B-double routes. The offering has long term appeal due to the improvements being applicable to a variety of industrial uses and potential development upside (STCA) with a low site coverage of 31%.

This prime industrial investment ticks all the boxes:

* Total of 13,774sqm

* Land area 4.434ha (44,340sqm)
* Current Income $1,669,729 (As at Jan 2013)
* Well located
* Lease expiry 14th January 2025
* ASX 100 company
* Low site coverage (31%)
* Flood free
* Functional Improvements

FOR SALE BY EXPRESSIONS OF INTEREST, CLOSING 4PM 27th MARCH 2013

Property History for 149 Kerry Rd, Archerfield, QLD 4108

A timeline of how this property has performed in the market
Last Sold
$30,550,000
04 Dec 2018
  • 11 Jan 2021
    Listed for Sale Contact Agent
  • 04 Dec 2018
    Sold for $30,550,000
  • 04 Oct 2018
    Listed for Sale Not Disclosed
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About Archerfield 4108

The size of Archerfield is approximately 4.4 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Archerfield in 2011 was 510 people. By 2016 the population was 530 showing a population growth of 3.9% in the area during that time. The predominant age group in Archerfield is 20-29 years. Households in Archerfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Archerfield work in a trades occupation. In 2011, 53.1% of the homes in Archerfield were owner-occupied compared with 59.3% in 2016.

Archerfield has 606 properties. Over the last 5 years, Houses in Archerfield have seen a 93.00% increase in median value, while Units have seen a 54.00% increase. As at 31 October 2024:

  • The median value for Houses in Archerfield is $715,071 while the median value for Units is $495,537.
  • Houses have a median rent of $573 while Units have a median rent of $250.
There are currently 5 properties listed for sale, and 15 properties listed for rent in Archerfield on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Archerfield.

Suburb Insights for Archerfield 4108

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.