SOLD
Sold on 21 Aug 2024 for $6,900,000

145 Magnesium Drive
Crestmead QLD 4132

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3154m2
Land area: 6507m2
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Property Details for 145 Magnesium Dr, Crestmead

Building Type
Commercial
Floor Size
3154m2
Land Size
6507m2
Local Government
Logan City
Lot/Plan
472/SL11560

Last Listing description (June 2021)

Both Colliers International & Cushman & Wakefield are pleased to present this rare opportunity to lease a highly functional and well priced manufacturing warehouse/office offering the following features:

- Total 3,154sqm* building area

- Including 2,608sqm* of manufacturing warehouse area
- Including 460sqm* of refurbished, functional office area
- Including 86sqm* of warehouse staff amenities
- Total 6,507sqm of land
- Massive 600 amps of 3 phase power with over 30 power outlets
- Excellent access via multiple wide sliding doors
- Low site cover property providing excellent truck turning and hardstand storage area

The property is located within the Crestmead Industrial Estate only minutes from the Logan Motorway providing strategic access to the Western Corridor, Port of Brisbane and M1 Motorway.

For more information or inspection please contact one of the Marketing Agents below.

Property History for 145 Magnesium Dr, Crestmead, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$6,900,000
21 Aug 2024
Listed for Rent
$2/w
21 Jun 2021
  • 21 Aug 2024
    Sold for $6,900,000
  • 13 May 2022
    Sold for $5,565,000
  • 16 Dec 2019
    Listed for Rent - Price not available
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About Crestmead 4132

The size of Crestmead is approximately 6.8 square kilometres. It has 17 parks covering nearly 14.4% of total area. The population of Crestmead in 2011 was 11,209 people. By 2016 the population was 12,152 showing a population growth of 8.4% in the area during that time. The predominant age group in Crestmead is 0-9 years. Households in Crestmead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Crestmead work in a labourer occupation. In 2011, 57.4% of the homes in Crestmead were owner-occupied compared with 53.8% in 2016.

Crestmead has 4,385 properties. Over the last 5 years, Houses in Crestmead have seen a 115.16% increase in median value, while Units have seen a 94.87% increase. As at 31 October 2024:

  • The median value for Houses in Crestmead is $680,780 while the median value for Units is $575,877.
  • Houses have a median rent of $530 while Units have a median rent of $423.
There are currently 9 properties listed for sale, and 20 properties listed for rent in Crestmead on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Crestmead.

Suburb Insights for Crestmead 4132

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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.