SOLD
Sold on 18 Dec 2023 for $8,625,000

2/209 Leitchs Road
Brendale QLD 4500

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 4183m2
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Property Details for 2/209 Leitchs Rd, Brendale

Building Type
Commercial
Year Built
2003
Floor Size
100m2
Land Size
4183m2
Local Government
Moreton Bay
Lot/Plan
2/SP210876

Last Listing description (September 2023)

CBRE area pleased to present 2/209 Leitchs Road, Brendale for sale as a long term leased industrial investment. The property is located centrally in the Brendale Industrial Estate 25 minutes north of the Brisbane CBD. The property has the following key attributes:

New 5 year lease to national tenant

$473,835pa +GST Net return
3,067sqm Modern tilt panel building
4,183sqm General industry allotment
Strong fixed increases throughout term
Locate in suburb with sub 1% vacancy
Available well below replacement cost

CBRE are seeking offers to purchase on 2/209 Leitchs Road, Brendale. To obtain an information memorandum or further information please contact the exclusive agents.

Property History for 2/209 Leitchs Rd, Brendale, QLD 4500

A timeline of how this property has performed in the market
Last Sold
$8,625,000
18 Dec 2023
Listed for Rent
$5.75k/w
30 Nov 2022
  • 18 Dec 2023
    Sold for $8,625,000
  • 06 Apr 2023
    Listed for Sale Contact Exclusive Agents
  • 20 Jul 2020
    Listed for Rent - Price not available
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About Brendale 4500

The size of Brendale is approximately 10.7 square kilometres. It has 23 parks covering nearly 14.9% of total area. The population of Brendale in 2011 was 1,846 people. By 2016 the population was 2,762 showing a population growth of 49.6% in the area during that time. The predominant age group in Brendale is 20-29 years. Households in Brendale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Brendale work in a clerical occupation. In 2011, 56.3% of the homes in Brendale were owner-occupied compared with 40% in 2016.

Brendale has 3,075 properties. Over the last 5 years, Houses in Brendale have seen a 75.51% increase in median value, while Units have seen a 96.59% increase. As at 30 September 2024:

  • The median value for Houses in Brendale is $746,037 while the median value for Units is $573,784.
  • Houses have a median rent of $550 while Units have a median rent of $505.
There are currently 24 properties listed for sale, and 38 properties listed for rent in Brendale on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Brendale.

Suburb Insights for Brendale 4500

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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.