8 Andrew Campbell DriveNarangba QLD 4504
Property Details for 8 Andrew Campbell Dr, Narangba
Last Listing description (January 2020)
Forde Property is pleased to present 8 Andrew Campbell Drive for Sale.
The subject property is zoned light industry and is composed of a substantial land holding of 4051m2. The site features 2500 m2 of useable hard stand together with improvements that comprise buildings and amenities of 960m2.
A high yielding industrial investment returning circa $147k net on a 3 x 3 year lease on the northern suburbs of Brisbane that presents as an ideal option for Investors or SMSF buyers. Low site coverage of 23% providing excellent value add opportunity for the future.
Directly adjacent to key infrastructure roads and rail including Boundary Road, Old Gympie Road the Bruce Highway and Narangba Rail.
The property is located approx. 25kms from Brisbane airport, 28 kms from Brisbane Harbour, 30 kms to Brisbane CBD, 10 kms from the Gateway Motorway and Gympie Arterial Road and only 2.2kms from Narangba Rail.
Specific Main Features:
- Land 4501m2, buildings 960m2, 2.4m security fencing, air-conditioned offices
- 72 m2 caretakers residence with kitchen and full amenities
- 5m roller door, 7m wide entry gate and 3 phase power and 4 x toilets
The property enjoys great connectivity for the Northern corridor and presents as a superior opportunity to secure a large land holding with good improvements that will maintain a very strong appeal to existing tenants and perspective new tenants for the long term.
For more information please contact Tom Forde 0417 333 335 or Jessie Allen 0419 765 971.
Property History for 8 Andrew Campbell Dr, Narangba, QLD 4504
- 11 Sep 2023Sold for $2,400,000
- 29 Sep 2020Sold for $1,600,000
- 11 Oct 2019Listed for Rent $144,000 / month
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About Narangba 4504
The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5% of total area. The population of Narangba in 2011 was 16,223 people. By 2016 the population was 18,584 showing a population growth of 14.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a trades occupation. In 2011, 76.9% of the homes in Narangba were owner-occupied compared with 73.9% in 2016.
Narangba has 8,868 properties.
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