SOLD
Sold on 31 May 2024 for $880,000

21/89 Priestdale Road
Eight Mile Plains QLD 4113

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 140m2
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Property Details for 21/89 Priestdale Rd, Eight Mile Plains

Building Type
Commercial
Land Size
140m2
Local Government
Brisbane
Lot/Plan
21/SP322106

Last Listing description (September 2024)

* 140sqm including mezzanine.
* Development approval has been granted for Low Impact Industry – Warehouse. Potential uses, warehouse, office, storage, etc. Subject to Council Approval.

* 3 Exclusive Onsite car spaces at front of lot.
* High quality concrete tilt panel construction, electric roller doors, glass entrance doors.
* Common amenities on-site. Power (3 phase installed),sewer and water.
* Unbeatable exposure, and access to Pacific Highway and Gateway Motorway. 15-minute drive approx. to Brisbane City, Airport, 30 minutes to Ipswich, 40 minutes from GoldCoast. 5-10 minutes to Garden City & Sunnybank.
* Contact Exclusive Agent, Manoli Nicolas on 0400 082 170for further details today.

PRICE: Contact Agent
BUILDING AREA: 140 sqm

Location
Eight Mile Plains is located 14 kilometres to the South-East of the Brisbane CBD. It enjoys a mix of residential, retail and office parks. The area is the terminal for the South-East Freeway Busway and has major egress/access ramps to the freeway. The suburb is conveniently located between the Gold Coast to the south and the outer northern Brisbane suburbs, making it popular with individuals and businesses alike.

Property History for 21/89 Priestdale Rd, Eight Mile Plains, QLD 4113

A timeline of how this property has performed in the market
Last Sold
$880,000
31 May 2024
Listed for Rent
$575/w
20 May 2024
  • 03 Jun 2024
    Listed for Sale Under Contract
  • 31 May 2024
    Sold for $880,000
  • 13 May 2022
    Sold for $620,840

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About Eight Mile Plains 4113

The size of Eight Mile Plains is approximately 7.8 square kilometres. It has 31 parks covering nearly 16% of total area. The population of Eight Mile Plains in 2011 was 13,378 people. By 2016 the population was 15,349 showing a population growth of 14.7% in the area during that time. The predominant age group in Eight Mile Plains is 20-29 years. Households in Eight Mile Plains are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eight Mile Plains work in a professional occupation. In 2011, 65.2% of the homes in Eight Mile Plains were owner-occupied compared with 62.8% in 2016.

Eight Mile Plains has 6,376 properties. Over the last 5 years, Houses in Eight Mile Plains have seen a 83.15% increase in median value, while Units have seen a 91.44% increase. As at 31 August 2024:

  • The median value for Houses in Eight Mile Plains is $1,401,860 while the median value for Units is $713,365.
  • Houses have a median rent of $735 while Units have a median rent of $620.
There are currently 41 properties listed for sale, and 20 properties listed for rent in Eight mile plains on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Eight mile plains.

Suburb Insights for Eight Mile Plains 4113

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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.