SOLD
Sold on 06 Feb 2024 for $360,000

9/26-28 Nestor Drive
Meadowbrook QLD 4131

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 124m2
Land area: 84m2
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Property Details for 9/26-28 Nestor Dr, Meadowbrook

Building Type
Commercial
Floor Size
124m2
Land Size
84m2
Local Government
Logan City
Lot/Plan
9/SP210095

Last Listing description (November 2023)

Just Listed & Won't Last Long! Inspect & make your offer now before it's gone!

Highbay Warehouse with large electric roller door access. Approx. 118m2 Over 2 Levels including an air-conditioned office, landing (storage or extra office space), kitchenette & large toilet (room to install a shower to convert to a full bathroom).


This property is currently tenanted & in a much sort after gated complex.
The complex comprises of 14 units with the majority of owner occupiers & tenants being long term.
Tenanted properties have a Low to Nil Vacancy Rate, due to the high demand for properties in this complex. Lease Terms are on average 2 years, with many tenants being long term.

Current complex occupants comprise of a well mix of Tenants & Owner Occupiers in Industries such as Mechanics, Electrical Engineers, Builders, Property Trades, Telco Engineering, Pet Supplies, Property Maintenance & Real Estate.

Excellent location situated around the corner from the Logan Motorway & short drive to the Pacific Motorway, walking distance to Loganlea Train Station, Shopping Centre, Logan Hospital, Fitness / Gym & Restaurants.

There has been exciting growth in the area with the New Medical Hub expanding around the Logan Hospital & Nestor Drive area.

Warehouses like this one do not last long on the market, contact Angela & Steve today to discuss further & book your inspection!


Disclaimer:
All information provided within this advert has been obtained from sources we believe to be accurate/correct, precaution has been taken in establishing the accuracy of information within this advertisement but does not constitute any representation by the Agent or Vendor.
Buyers should inspect, make their own enquiries & obtain their own professional advice to satisfy their needs.

Property History for 9/26-28 Nestor Dr, Meadowbrook, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$360,000
06 Feb 2024
Listed for Rent
$287/w
13 Apr 2023
  • 06 Feb 2024
    Sold for $360,000
  • 13 Mar 2023
    Listed for Rent $15,000 / year
  • 09 Apr 2021
    Sold for $225,000
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About Meadowbrook 4131

The size of Meadowbrook is approximately 5.7 square kilometres. It has 10 parks covering nearly 30.9% of total area. The population of Meadowbrook in 2011 was 3,138 people. By 2016 the population was 3,115 showing a population decline of 0.7% in the area during that time. The predominant age group in Meadowbrook is 20-29 years. Households in Meadowbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Meadowbrook work in a clerical occupation. In 2011, 56.4% of the homes in Meadowbrook were owner-occupied compared with 58.4% in 2016.

Meadowbrook has 1,468 properties. Over the last 5 years, Houses in Meadowbrook have seen a 76.79% increase in median value, while Units have seen a 75.41% increase. As at 31 July 2024:

  • The median value for Houses in Meadowbrook is $770,077 while the median value for Units is $486,536.
  • Houses have a median rent of $580 while Units have a median rent of $245.
There are currently 14 properties listed for sale, and 14 properties listed for rent in Meadowbrook on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Meadowbrook.

Suburb Insights for Meadowbrook 4131

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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.