45 South Pine RoadBrendale QLD 4500
Property Details for 45 South Pine Rd, Brendale
Last Listing description (May 2022)
Colliers are pleased to offer to the market 45-53 South Pine Road, Brendale, for sale via Expressions of Interest closing 4pm Thursday 17 June 2021.
The subject property comprises extensive improvements ideally suited to a high SKU distributions business. Built in two stages, the improvements offer a combination of high bay warehousing and traditional warehousing plus a retail showroom outlet that sits to the street frontage surrounded by ancillary carparking space. Key features include:
- NLA 18,848m2*
- Land area 26,910ha*
- 10 year lease to Modern Star Group
- 8.2* year WALE
- Annual net income of $1,759,797* (as at June 2021)
- Fully sprinklered
- Mixed Industry and Business Precinct zone offering significant future upside
- Dual street frontage with main road exposure
- Located on a main arterial road with surrounding development that includes car dealerships, retail showrooms and industrial users
- 200m* from Strathpine Railway Station
We strongly recommend you give due consideration to this outstanding investment opportunity with excellent future upside.
Inspections are by appointment only, please contact the exclusive marketing agents at Colliers for more information.
*Approx.
Property History for 45 South Pine Rd, Brendale, QLD 4500
- 01 Mar 2024Sold for $29,000,000
- 06 Aug 2021Sold for $32,050,000
- 18 May 2021Listed for Sale Please contact agent
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0About 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 3,079 properties. Over the last 5 years, Houses in Brendale have seen a 81.81% increase in median value, while Units have seen a 95.01% increase. As at 31 August 2024:
- The median value for Houses in Brendale is $745,204 while the median value for Units is $556,098.
- Houses have a median rent of $550 while Units have a median rent of $500.
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