On behalf of the CBRE Queensland Retail Investments team, we are delighted to present this rare opportunity to purchase a brand new Brisbane metropolitan service centre anchored by some of the biggest names in their respective industries, 7-Eleven and Subway. The property is located at 2660 Logan Road, Eight Mile Plains QLD.
This compelling investment opportunity offers the following key attributes:
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 6,379 properties. Over the last 5 years, Houses in Eight Mile Plains have seen a 89.86% increase in median value, while Units have seen a 89.95% increase. As at 31 July 2024:
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