SOLD
Sold on 26 May 2024 for $1,175,000

1/42 Owen Creek Road
Forest Glen QLD 4556

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 392m2
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Property Details for 1/42 Owen Creek Rd, Forest Glen

Building Type
Commercial
Land Size
392m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/SP206252

Last Listing description (July 2024)

Sam Raines and Tracey Ryan from RWC Noosa & Sunshine Coast are pleased to present 1/42 Owen Creek Road, Forest Glen to the market for sale.

This well-presented industrial building will be sold as a going concern, with leases in place all having final lease expiries in August 2024. The building is leased to a number of tenants, currently returning approximately $83,062.68 per annum + outgoings + GST.

PROPERTY FEATURES:

392m* total building area
Sold as a going concern
Currently returning $83,062.68 per annum + outgoings + GST
Road front exposure
High clearance warehouse
Fully air-conditioned, A-grade first floor office area
Exclusive use parking and undercover hardstand

Situated less than 1km* off the busy Bruce Highway, this high clearance warehouse is very conveniently located in the central Sunshine Coast Industrial precinct of Forest Glen, providing ease of access to all areas of the Sunshine Coast and beyond.

Call or email exclusive marketing agents Sam Raines or Tracey Ryan to inspect the property or for further information.

Our team is strategically located in offices across the Sunshine Coast to service your commercial property sales and leasing needs.

Offices in NOOSA, MAROOCHYDORE & CALOUNDRA

* Approx.

Property History for 1/42 Owen Creek Rd, Forest Glen, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$1,175,000
26 May 2024
Listed for Rent
$479/w
01 Apr 2020
  • 26 May 2024
    Sold for $1,175,000
  • 19 Dec 2023
    Listed for Sale $1,350,000
  • 04 Oct 2023
    Listed for Sale $1,350,000
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About Forest Glen 4556

The size of Forest Glen is approximately 7.2 square kilometres. It has 3 parks covering nearly 2.7% of total area. The population of Forest Glen in 2011 was 790 people. By 2016 the population was 1,370 showing a population growth of 73.4% in the area during that time. The predominant age group in Forest Glen is 0-9 years. Households in Forest Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Glen work in a trades occupation. In 2011, 80.3% of the homes in Forest Glen were owner-occupied compared with 79.7% in 2016.

Forest Glen has 925 properties. Over the last 5 years, Houses in Forest Glen have seen a 49.93% increase in median value, while Units have seen a 77.85% increase. As at 31 October 2024:

  • The median value for Houses in Forest Glen is $985,265 while the median value for Units is $795,771.
  • Houses have a median rent of $750.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Forest glen on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Forest glen.

Suburb Insights for Forest Glen 4556

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Contact agent
Sam Raines
Show contact details
Tracey Ryan
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RWC Noosa & Sunshine Coast
Preferred contact:
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.