Commerce DriveBrowns Plains QLD 4118
Property Details for 3105/17 Commerce Dr, Browns Plains
Last Listing description (May 2024)
• 60sqm Internal area
• 40sqm Additional undercover outdoor dining area
• Current Net income $36,600 PA Net + GST + Outgoings
• 18 months remaining on the current lease term
• Tenant has 1 x 3 year option
• Most of the fit out is owned by the landlord
• High foot traffic area
• Neighbouring tenants include The Coffee Club, Baskin & Robins and Subway
• Ample on-site parking at the rear with additional street parking.
• Fantastic site in the heart of Browns Plains shopping precinct
Browns Plains is located approximately 24kms from the Brisbane CBD. The precinct provides direct access to the Mt Lindesay Highway, which in turn provides access to the Logan Motorway. The area has experienced rapid growth over recent years. Land developments in the precinct have resulted in opportunities for new businesses to establish in or relocate to the area. The area has great local amenities including sporting facilities, public library & public transport.
Property History for 3105/17 Commerce Dr, Browns Plains, QLD 4118
- 10 May 2024Sold for $600,000
- 19 Jan 2024Listed for Sale $620,000 Going Concern
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0About 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.
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