SOLD
Sold on 10 Jan 2024 for $1,530,000

1/70 Eastern Road
Browns Plains QLD 4118

Bedrooms: -
Bathrooms: -
Car spaces: 7
Land area: 425m2
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Property Details for 1/70 Eastern Rd, Browns Plains

Building Type
Commercial
Land Size
425m2
Local Government
Logan City
Lot/Plan
1/SP320720

Last Listing description (February 2024)

Located on Eastern Road in the heart of the Browns Plains business hub is this nearly two year old office/warehouse unit featuring;
* 425sqm* of ultra modern, well appointed, functional office and warehouse space within a secure, gated complex of just 5 units
* 150sqm* of office &/or showroom area (55sqm* on ground + 95sqm* on first level)

* Modern finishes throughout include ground level tiling, first floor timber effect flooring, LED lighting, ducted air-conditioning
* 275sqm* functional warehouse with 3 phase power, electric container height roller door, LED high bay lighting, two translucent roof strips providing great natural light, direct truck access from one of the entry crossovers
* New 3 year commercial tenancy agreement to MCAO GROUP PTY LTD T/A SOUTHSIDE 4X4 & MORE
* $90,000p.a. + Outgoings + GST
* 01/01/2024 commencement date
* Fixed 4% annual rent reviews
* $24,750 bank guarantee & director's guarantees
* Amenities include complete staff kitchens on each level, disabled sized bathroom on ground floor with a shower, plus male & female bathrooms upstairs
* Fantastic signage options with the unit directly facing busy Eastern Road
* An inspection is a must to fully appreciate this spectacular facility

Sale Price: $1,550,000

Contact Exclusive Agents Jack Gwyn or Jared Doyle of RWC Gateway for further details or to arrange an inspection.

(*approx.)
Outlines indicative only

Property History for 1/70 Eastern Rd, Browns Plains, QLD 4118

A timeline of how this property has performed in the market
Last Sold
$1,530,000
10 Jan 2024
Listed for Rent
$1.73k/w
18 Dec 2023
  • 10 Jan 2024
    Sold for $1,530,000
  • 18 Dec 2023
    Listed for Sale $1,550,000
  • 19 Oct 2023
    Listed for Rent - Price not available
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About Browns Plains 4118

The size of Browns Plains is approximately 4.5 square kilometres. It has 23 parks covering nearly 13.9% of total area. The population of Browns Plains in 2011 was 5,572 people. By 2016 the population was 6,303 showing a population growth of 13.1% in the area during that time. The predominant age group in Browns Plains is 20-29 years. Households in Browns Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Browns Plains work in a machinery operators and drivers occupation. In 2011, 54.6% of the homes in Browns Plains were owner-occupied compared with 51.4% in 2016.

Browns Plains has 3,088 properties. Over the last 5 years, Houses in Browns Plains have seen a 89.39% increase in median value, while Units have seen a 95.54% increase. As at 31 July 2024:

  • The median value for Houses in Browns Plains is $681,344 while the median value for Units is $514,487.
  • Houses have a median rent of $550 while Units have a median rent of $493.
There are currently 29 properties listed for sale, and 21 properties listed for rent in Browns plains on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Browns plains.

Suburb Insights for Browns Plains 4118

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Contact agent
Jack Gwyn
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Jared Doyle
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RWC Gateway
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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.