OFF MARKET

405 Thynne Road
Morningside QLD 4170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 143511m2
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Property Details for 405 Thynne Rd, Morningside

Building Type
Commercial
Land Size
143511m2
Local Government
Brisbane
Lot/Plan
2/RP863808

Last Listing description (June 2023)

Cushman & Wakefield is pleased to offer for sale a significant industrial development opportunity with waterfront access located approx. 6km from the Brisbane CBD.

The Cairncross site is a blank canvas providing a incoming purchaser the opportunity to develop a master planned industrial estate within Queensland's most sought after industrial markets, the Australia TradeCoast. The site's scale, water access and significant marine infrastructure will also appeal to owner occupiers.

Key features of the offering include:

14.35ha* of general industry land
700m* frontage to Brisbane River
Additional 6.65ha* wet lease area with significant wharfing infrastructure (308m long x 20m wide)
Existing dry dock facility - one of Australia's largest 270m long x 38m wide x 15m deep
Significant hardstand/lay down areas
One of the largest undeveloped industrial sites with direct water access

This asset is being offered to the market for sale via an Expression of Interest campaign, closing Wednesday, 26th July 2023 at 4:00pm (AEST).

For more information, please contact the Exclusive Agents at Cushman & Wakefield.

*Approx

Property History for 405 Thynne Rd, Morningside, QLD 4170

A timeline of how this property has performed in the market
Last Sold
$75,000,000
25 Aug 2023
Listed for Rent
09 Oct 2017
  • 25 Aug 2023
    Sold for $75,000,000
  • 27 Jun 2023
    Listed for Sale Contact Agent
  • 09 Oct 2017
    Listed for Rent - Price not available
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About Morningside 4170

The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.

Morningside has 6,543 properties. Over the last 5 years, Houses in Morningside have seen a 92.86% increase in median value, while Units have seen a 70.89% increase. As at 31 July 2024:

  • The median value for Houses in Morningside is $1,396,461 while the median value for Units is $750,379.
  • Houses have a median rent of $723 while Units have a median rent of $605.
There are currently 26 properties listed for sale, and 31 properties listed for rent in Morningside on OnTheHouse. According to CoreLogic's data, 349 properties were sold in the past 12 months in Morningside.

Suburb Insights for Morningside 4170

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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.