SOLD
Sold on 03 Sep 2024 for $5,300,000

2-6 Prospect Place
Berrinba QLD 4117

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 1623m2
Land area: 2981m2
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Property Details for 2-6 Prospect Pl, Berrinba

Building Type
Commercial
Floor Size
1623m2
Land Size
2981m2
Local Government
Logan City
Lot/Plan
8/SP198746

Last Listing description (October 2019)

Corwells Commercial Property are pleased to offer for sale, 2-6 Prospect Place, Berrinba. The property features:
- 1,623sqm warehouse/office
- 2,981sqm parcel of land

- Located just off the recently upgraded Logan Motorway
- Brand new 3 year lease with options with well established local business
- Current nett rent of $185,000.00 plus GST
- Bonus 30kw solar system in place
- First time on the market in 10 years
- Present all offers
- Contact Exclusive Agent to arrange an inspection
Berrinba is an exciting new commercial and industrial precinct located 20kms south of the Brisbane Central Business District. Conveniently positioned on the Logan Motorway this location provides good access in all directions. Berrinba sits between Browns Plains and Logan Central, both of which have established business centres and there is a large labour supply in the area.

Property History for 2-6 Prospect Pl, Berrinba, QLD 4117

A timeline of how this property has performed in the market
Last Sold
$5,300,000
03 Sep 2024
Listed for Rent
27 May 2019
  • 03 Sep 2024
    Sold for $5,300,000
  • 31 Jul 2019
    Sold for $2,800,000
  • 05 Jul 2019
    Listed for Sale Not Disclosed
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About Berrinba 4117

The size of Berrinba is approximately 5.9 square kilometres. The population of Berrinba in 2011 was 1,382 people. By 2016 the population was 1,345 showing a population decline of 2.7% in the area during that time. The predominant age group in Berrinba is 30-39 years. Households in Berrinba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berrinba work in a clerical occupation. In 2011, 66.7% of the homes in Berrinba were owner-occupied compared with 62.5% in 2016.

Berrinba has 949 properties. Over the last 5 years, Houses in Berrinba have seen a 86.25% increase in median value, while Units have seen a 97.40% increase. As at 31 October 2024:

  • The median value for Houses in Berrinba is $743,552 while the median value for Units is $577,895.
  • Houses have a median rent of $600 while Units have a median rent of $340.
There are currently 5 properties listed for sale, and 1 property listed for rent in Berrinba on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Berrinba.

Suburb Insights for Berrinba 4117

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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.