SOLD
Sold on 15 Apr 2024 for $3,200,000

32 Machinery Street
Darra QLD 4076

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 967m2
Land area: 2146m2
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Property Details for 32 Machinery St, Darra

Building Type
Commercial
Floor Size
967m2
Land Size
2146m2
Local Government
Brisbane
Lot/Plan
2/RP222676

Last Listing description (March 2022)

Property features include;

- Modern tilt panel construction

- 816sqm of clearspan warehouse
- 141sqm of air-conditioned office
- Larger 3-phase power supply
- General industry B zoning
- Four roller doors
- Amenities with shower facilities
- Container friendly

32 Machinery Street is strategically situated approximately 14.5 radial kilometres south-west of the Brisbane CBD in the established industrial precinct of Darra. The sought-after location offers direct and convenient access to the Centenary Highway and adjoining arterials including the Ipswich and Logan Motorways.

For a copy the detailed Information Memorandum or to arrange a site inspection, please don't hesitate to contact the exclusive agents at Colliers International or Cushman & Wakefield.

Property History for 32 Machinery St, Darra, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$3,200,000
15 Apr 2024
Listed for Rent
$2/w
15 Mar 2022
  • 15 Apr 2024
    Sold for $3,200,000
  • 06 Dec 2021
    Sold for $2,240,000
  • 28 Sep 2021
    Listed for Sale Best Offer over $2,200,000.00
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About Darra 4076

The size of Darra is approximately 5.5 square kilometres. It has 13 parks covering nearly 11.3% of total area. The population of Darra in 2011 was 3,838 people. By 2016 the population was 4,350 showing a population growth of 13.3% in the area during that time. The predominant age group in Darra is 20-29 years. Households in Darra are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Darra work in a professional occupation. In 2011, 59.2% of the homes in Darra were owner-occupied compared with 55.3% in 2016.

Darra has 2,171 properties. Over the last 5 years, Houses in Darra have seen a 77.50% increase in median value, while Units have seen a 82.27% increase. As at 31 July 2024:

  • The median value for Houses in Darra is $745,566 while the median value for Units is $595,013.
  • Houses have a median rent of $550 while Units have a median rent of $378.
There are currently 6 properties listed for sale, and 11 properties listed for rent in Darra on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Darra.

Suburb Insights for Darra 4076

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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.