OFF MARKET

40 Forest Way
Karawatha QLD 4117

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4300m2
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Property Details for 40 Forest Way, Karawatha

Building Type
Commercial
Land Size
4300m2
Local Government
Brisbane
Lot/Plan
102/SP231829

Last Listing description (August 2018)

Auction Location: Dexus Place, Level 5/ 1 Margaret Street, Sydney NSW 2000.
The asset provides a rare opportunity to secure a long term investment backed by an ASX listed tenant (CTX) offering a substantial holding income with minimal ongoing maintenance.
Features Include:

- 10-year lease with options to 2038
- Leased to Caltex ASX Top 50 Company
- Net income: $240,979 per annum
- All outgoings paid by the tenant
- Large high profile 4,300sqm* allotment
- Close proximity to Logan Motorway (160,000 cars per day)
- Within major manufacturing and logistics hub with significant tenants in Stoddart Manufacturing and Toll NXQ
- Considerable taxation savings and depreciation benefits
Colliers International as exclusive agents are offering the property for sale via auction on
Thursday 28th June 2018 commencing from 10:30am.
Dexus Place, Level 5/ 1 Margaret Street, Sydney NSW 2000.
For more information, a copy of the information memorandum or an exclusive inspection please contact Dan Dwan or Daniel Cullinane of Colliers International.
* Areas and outlines are approx.

Property History for 40 Forest Way, Karawatha, QLD 4117

A timeline of how this property has performed in the market
Last Sold
$2,960,000
28 Jun 2018
  • 25 Nov 2022
    Sold for $1,550,000
  • 28 Jun 2018
    Sold for $2,960,000
  • 23 May 2018
    Listed for Sale Auction - 28 June at 10:30am
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About Karawatha 4117

The size of Karawatha is approximately 8.6 square kilometres. It has 3 parks covering nearly 79.9% of total area. The population of Karawatha in 2011 was 33 people. By 2016 the population was 10 showing a population decline of 69.7% in the area during that time. The predominant age group in Karawatha is 30-39 years. In general, people in Karawatha work in a machinery operators and drivers occupation. In 2011, 55.6% of the homes in Karawatha were owner-occupied compared with 60% in 2016.

Karawatha has 229 properties. Over the last 5 years, Houses in Karawatha have seen a 57.71% increase in median value. As at 31 August 2024:

  • The median value for Houses in Karawatha is $1,221,842.
There are currently 3 properties listed for sale, and no properties listed for rent in Karawatha on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Karawatha.

Suburb Insights for Karawatha 4117

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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.