18 Geo Hawkins CrescentCorbould Park QLD 4551
Property Details for 18 Geo Hawkins Cres, Corbould Park
Last Listing description (February 2020)
Luxe Commercial is proud to present a highly attractive opportunity to purchase a standalone industrial investment located in the growth precinct of Bells Creek and right beside Stockland's master planned Aura development. The site is minutes from Bells Creek Arterial Road with easy connections to the Bruce Highway and Kawana Way.
+ The property is tenanted by successful and fast growing Cutting Edge Cabinetry on a 7 year lease to 2026 with options through to 2036.
+ Attractive net lease structure including fixed annual increases of 3% and strong security with a six month bank guarantee.
+ Upcoming rental increase will provide an initial passing yield above 7% plus significant upside through depreciation being a brand new building.
Further detailed due diligence documents are available to qualified prospects from the exclusive marketing agent.
Property History for 18 Geo Hawkins Cres, Corbould Park, QLD 4551
- 27 Feb 2020Listed for Sale UNDER CONTRACT
- 15 Nov 2019Sold for $4,500,000
- 21 Aug 2017Sold for $985,677
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0About Corbould Park 4551
The size of Corbould Park is approximately 8.1 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Corbould Park in 2011 was 319 people. By 2016 the population was 94 showing a population decline of 70.5% in the area during that time. The predominant age group in Corbould Park is 50-59 years. Households in Corbould Park are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corbould Park work in a managers occupation. In 2011, 63.7% of the homes in Corbould Park were owner-occupied compared with 71% in 2016..
Corbould Park has 299 properties. Over the last 5 years, Units in Corbould Park have seen a 154.06% increase in median value. As at 31 July 2024:
- The median value for Houses in Corbould Park is $987,555 while the median value for Units is $662,845.
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