16/42 Smith StreetCapalaba QLD 4157
Property Details for 16/42 Smith St, Capalaba
Last Listing description (December 2023)
This quality built strata titled industrial unit is located in "Industry on Smith", a well presented and secure gated complex of 16 units in the heart of Capalaba's industrial precinct. The property has a national tenant, Metz Specialty Materials Pty Ltd, who has been on site since 2009 and would like to enter into a new 3 + 3 year lease.
Features include:
* 74sqm air conditioned mezzanine offices with quality fit out
* Electric container height roller door
* Own amenities - kitchenette, shower and two toilets
* Front shaded courtyard available for staff
* 57 common area car parks in the complex
* Secure lockup compound
* Current lease expires on 7 December 2023
* Current annual net rental income is $51,732.24
* Tenant would like to enter into a new 3 + 3 year lease
* Information Memorandum available upon request
For further information and to arrange an inspection (by appointment only) please contact Exclusive Agent, Colin Tucker.
Property History for 16/42 Smith St, Capalaba, QLD 4157
- 01 Dec 2023Sold for $1,009,800
- 04 Oct 2023Listed for Sale Expression of Interest
- 02 Oct 2009Sold for $599,000
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0About Capalaba 4157
The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2011 was 16,644 people. By 2016 the population was 17,365 showing a population growth of 4.3% in the area during that time. The predominant age group in Capalaba is 50-59 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation. In 2011, 72.1% of the homes in Capalaba were owner-occupied compared with 71.4% in 2016.
Capalaba has 8,565 properties. Over the last 5 years, Houses in Capalaba have seen a 78.44% increase in median value, while Units have seen a 98.62% increase. As at 31 October 2024:
- The median value for Houses in Capalaba is $897,724 while the median value for Units is $607,921.
- Houses have a median rent of $650 while Units have a median rent of $560.
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