SOLD
Sold on 09 Feb 2024 for $4,031,500

14 Dividend Street
Mansfield QLD 4122

Bedrooms: -
Bathrooms: -
Car spaces: 12
Land area: 2477m2
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Property Details for 14 Dividend St, Mansfield

Building Type
Commercial
Land Size
2477m2
Local Government
Brisbane
Lot/Plan
9/RP158235

Last Listing description (October 2023)

On behalf of the vendors, CSL Limited, Cushman & Wakefield is pleased to exclusively present 14 Dividend Street, Mansfield to the market for sale.

This very rare freestanding purchase option has the following features:
- 950sqm* freestanding office/warehouse tenancy

- Easy value opportunity with ability to upgrade existing improvements
- 670sqm warehouse space with 185sqm of existing cold room space fully fitted out with racking
- 280sqm of entirely ground floor office space
- Property situated on 2,477sqm industry zone land
- Ability to value add with 370sqm of rear grassed area access via container height roller door for private hardstand use or expansion
- 12 onsite car parks currently with room to add approx. 6 more at front
- Easy truck access with designated 40ft container drop area
- Situated in the tightly held suburb of Mansfield where the last freestanding Vacant Possession building was offered to the market over 12 months ago

The property also benefits from immediate access to the Gateway Motorway, Creek Road and is 10 radial kilometres from the Brisbane CBD.

14 Dividend Street, Mansfield is also surrounded by a dense and extensive residential catchment which has also made Mansfield an industrial area with record low vacancy rates.

Contact the Exclusive Agents at Cushman & Wakefield for a detailed information memorandum or to arrange an inspection.

*Approx

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Property History for 14 Dividend St, Mansfield, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$4,031,500
09 Feb 2024
Listed for Rent
$200k/w
28 Jul 2023
  • 09 Feb 2024
    Sold for $4,031,500
  • 13 Dec 2023
    Sold for $2,645,500
  • 28 Jul 2023
    Listed for Rent - Price not available
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About Mansfield 4122

The size of Mansfield is approximately 4.9 square kilometres. It has 16 parks covering nearly 24.1% of total area. The population of Mansfield in 2011 was 8,473 people. By 2016 the population was 8,717 showing a population growth of 2.9% in the area during that time. The predominant age group in Mansfield is 40-49 years. Households in Mansfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a professional occupation. In 2011, 73% of the homes in Mansfield were owner-occupied compared with 71.2% in 2016.

Mansfield has 3,601 properties. Over the last 5 years, Houses in Mansfield have seen a 73.86% increase in median value, while Units have seen a 48.99% increase. As at 31 October 2024:

  • The median value for Houses in Mansfield is $1,170,368 while the median value for Units is $548,154.
  • Houses have a median rent of $720 while Units have a median rent of $560.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Mansfield on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Mansfield.

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