262-264 Brisbane RoadMonkland QLD 4570
Property Details for 262-264 Brisbane Rd, Monkland
Last Listing description (July 2024)
Cory Hoy and Emily Pendleton from RWC Northern Corridor Group are pleased to present to market 262-264 Brisbane Road, Gympie for Sale.
This property provides the opportunity for an owner occupier to benefit from the income stream from the lease to Cooloola Coast Tiles while potentially occupying the 792m2 vacancy. Alternatively, it is an attractive opportunity for savvy investors to capitalise on the current income, the proposed rental guarantee and future upside.
Located just off the Bruce Highway, at the gateway to the Sunshine Coast, this warehouse offers high clearance roller doors, easy access, and ample handstand.
Key Property Features:
Land area 4,283m2
NLA 1,743m2
Close proximity to the Bruce Highway and Bruce Highway upgrade
Among high profile neighbouring tenancies such as Mitre 10 and Pet Stock
12 months rental guarentee on the vacancy if not filled prior to settlement
Net income of $222,932 when 100% tenanted
Tenants pays all outgoings including land tax & management fees
This marks the first time in many years that this warehouse has become available for sale. Industrial properties in Gympie and the surrounding areas are in high demand, making this property a strategic investment.
With industrial stock in Gympie at a premium, don't miss your chance to secure this unique offering. Act now and contact the exclusive marketing agents, Emily Pendleton or Cory Hoy, to explore this property in further detail.
Property History for 262-264 Brisbane Rd, Monkland, QLD 4570
- 26 Jul 2024Listed for Sale Expressions of Interest
- 19 Sep 1997Sold
- 05 Sep 1996Sold
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0About Monkland 4570
The size of Monkland is approximately 5.5 square kilometres. It has 4 parks covering nearly 11.8% of total area. The population of Monkland in 2011 was 1,161 people. By 2016 the population was 1,125 showing a population decline of 3.1% in the area during that time. The predominant age group in Monkland is 0-9 years. Households in Monkland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Monkland work in a labourer occupation. In 2011, 57.5% of the homes in Monkland were owner-occupied compared with 55.7% in 2016.
Monkland has 667 properties. Over the last 5 years, Houses in Monkland have seen a 104.19% increase in median value, while Units have seen a 48.56% increase. As at 31 October 2024:
- The median value for Houses in Monkland is $530,171 while the median value for Units is $413,493.
- Houses have a median rent of $480 while Units have a median rent of $242.
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