SOLD
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Sold on 04 Oct 2024 - Price Unavailable

12-14 The Circuit
Brisbane Airport QLD 4008

Bedrooms: -
Bathrooms: -
Car spaces: 63
Floor area: 4594m2
Land area: 2053m2
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Property Details for 12-14 The Circuit, Brisbane Airport

Building Type
Commercial
Floor Size
4594m2
Land Size
2053m2
Local Government
Brisbane

Last Listing description (October 2024)

· Located in a thriving commercial hub in the heart of Australia TradeCoast. Skygate precinct is home to more than 160 retail, café and dining options including DFO, Queensland's first 24-hour Woolworths, Golf Central BNE, Dan Murphy's, a 4.5 star Novotel hotel, medical centre and childcare centre.

· Outstanding road network connectivity and good public transport (precinct is earmarked for its own future Airtrain station).

· $3 billion* infrastructure investment commitment by BAC (Brisbane Airport Corporation) over the next 10 years with the May 2021 announcement to build a $1 billion* third terminal by 2032 and spend another $2 billion* on major projects over the next 5 years.

· Brisbane Airport has two major terminals providing service to 34 airlines and more than 23.8 million passengers annually. There are more than 425 businesses at Brisbane Airport with a combined workforce of more than 24,000 people, which is forecast to grow to 50,000 people by 2029.

· Building was completed in 2007 and has just undergone a $3.5 million* base building capital works upgrade.

· 4,594m²* Net Lettable Area (NLA) over 4 levels.

· 1:73m²^ NLA car parking ratio (plus a multi-level car parking station situated directly opposite the property (with availability of permanent and casual parking).

· 1,150m²* NLA typical floor plates (central core and very few internal columns).

· NABERS currently exempt for the building (5.5-star Energy and 5-star Water ratings prior to the exemption). Brisbane Airport is a natural address for companies seeking a reputation for sustainable development practices. Brisbane Airport is the first precinct in Australia to be awarded a Green Building Council of Australia (GBCA) Green Star - Communities rating under the pilot program.

· 50%* Leased - Commonwealth of Australia, RediMed.

· $2,056,857 per annum* estimated fully leased net income.

*Approximately.
^Including spaces in the licence area.

Property History for 12-14 The Circuit, Brisbane Airport, QLD 4008

A timeline of how this property has performed in the market
Last Sold
04 Oct 2024
Listed for Rent
$9/w
19 Apr 2023
  • 04 Oct 2024
    Listed for Sale Contact Agent
  • 04 Oct 2024
    Sold
  • 15 Aug 2022
    Listed for Sale EOI Closing Wednesday 14 September 2022 at 3pm
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About Brisbane Airport 4008

The size of Brisbane Airport is approximately 31.6 square kilometres. It has 11 parks covering nearly 10.5% of total area. The population of Brisbane Airport in 2006 was 342 people. By 2011 the population was 349 showing a population growth of 2.0% in the area during that time. The predominant age group in Brisbane Airport is 40-49 years. Households in Brisbane Airport are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Brisbane Airport work in a labourer occupation. In 2006, 58.1% of the homes in Brisbane Airport were owner-occupied compared with 59.2% in 2011..

Brisbane Airport has 187 properties.

    There are currently 2 properties listed for sale, and 1 property listed for rent in Brisbane airport on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Brisbane airport.

    Suburb Insights for Brisbane Airport 4008

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    Contact agent
    Tom Barr
    Show contact details
    RWC QLD
    Preferred contact:
    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.