SOLD
Sold on 20 Oct 2023 for $3,000,000

16 Josephine Street
Loganholme QLD 4129

Bedrooms: -
Bathrooms: -
Car spaces: 12
Land area: 1657m2
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Property Details for 16 Josephine St, Loganholme

Building Type
Commercial
Land Size
1657m2
Local Government
Logan City
Lot/Plan
9/RP208326

Last Listing description (May 2020)

* 870m2* total ground floor area concrete tilt panel warehouse
* Situated on 1,657m2* of industrial zoned freehold land and it's flood free
* Selling for well below replacement cost of this building and fit-out

* Current business is vacating. So buy now, then occupy in a few months
* Includes 226m2* of air cond. office and amenities area at the front of the building
* Includes 644m2* of clear span high bay warehouse area
* Plus a bonus area of 250m2* of certified mezzanine storage area above the office and lunchroom areas
* The warehouse is air-conditioned with 4 large units mounted on the roof
* The warehouse roof was replaced in recent years with new insulation and metal tek roofing
* The building is secured with high tensile security screens on windows and doors and ram guards on the roller doors for added night time security plus an alarm system is in place
* The warehouse has 3 roller doors, multiple male and female amenities and a shower
* There is a kitchenette in the front office and in the warehouse area with a lunchroom
* Building can be split into two separate tenancies if required
* 200amp 3 phase power CT metering board in place with 3 phase power points
* The property has 12 car parks and is fully fenced and the land is flood-free
* We are selling this property as a going concern with a short term lease in place, so this means NO GST is payable on the sale price
* This property is ideal for an owner-occupier or the astute investor
* Take advantage of the record low-interest rates and buy now with a short term income in place now and then move in or we can secure a new tenant for you
* The owner will also sell lots of other extras at greatly reduced prices, such as pallet racking, an electric forklift, packing benches, office desks etc, etc.
* Call exclusive agent to arrange an inspection

*approx
Please contact the listing agent for more details by clicking on the link above.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 16 Josephine St, Loganholme, QLD 4129

A timeline of how this property has performed in the market
Last Sold
$3,000,000
20 Oct 2023
  • 20 Oct 2023
    Sold for $3,000,000
  • 29 Jun 2020
    Sold for $929,999
  • 26 Nov 2018
    Listed for Sale Seeking Offers Over $1,200,000
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About Loganholme 4129

The size of Loganholme is approximately 9.1 square kilometres. It has 16 parks covering nearly 7.8% of total area. The population of Loganholme in 2011 was 6,125 people. By 2016 the population was 6,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Loganholme is 0-9 years. Households in Loganholme are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loganholme work in a trades occupation. In 2011, 72.8% of the homes in Loganholme were owner-occupied compared with 69.6% in 2016.

Loganholme has 3,365 properties. Over the last 5 years, Houses in Loganholme have seen a 89.77% increase in median value, while Units have seen a 86.37% increase. As at 31 August 2024:

  • The median value for Houses in Loganholme is $782,988 while the median value for Units is $679,797.
  • Houses have a median rent of $600 while Units have a median rent of $558.
There are currently 28 properties listed for sale, and 18 properties listed for rent in Loganholme on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Loganholme.

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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.