OFF MARKET

11/2-4 Flinders Parade
North Lakes QLD 4509

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1383m2
Land area: 710m2
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Property Details for 11/2-4 Flinders Pde, North Lakes

Building Type
Commercial
Floor Size
1383m2
Land Size
710m2
Local Government
Moreton Bay
Lot/Plan
11/SP222274

Last Listing description (May 2024)

Dugan & Co Property is pleased to present to the market For Sale Buildings 10 & 11 at 2 Flinders Parade, North Lakes. The fully leased multi tenanted asset provides an excellent opportunity to acquire a secure asset located within the tightly held North Lakes Business Park.

The property features include:
- Total GFA of 1,384sqm* Across Two Fully Tenanted Modern Office Buildings

- Net Income $594,348.03* p.a + GST + Outgoings
- WALE Of 2.97 Years With Staggered Lease Expiries
- Buildings Available To Be Purchased In One Line Or Individually
- Leased To Essential Services - Incl. Seasons IGA Head Office & Guardian Self Storage
- Excellent Access To Bruce Highway & Surrounding North Lakes Precinct

The subject property is being offered For Sale in one-line or individually via Expressions of Interest closing Friday, 10 December 2021.

For further information or to arrange an inspection, please contact the Exclusive Agent from Dugan & Co Property.

*Approximately

Property History for 11/2-4 Flinders Pde, North Lakes, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$3,300,000
25 Jul 2022
Listed for Rent
$127/w
10 Mar 2017
  • 02 May 2024
    Listed for Sale Expressions of Interest
  • 25 Jul 2022
    Sold for $3,300,000
  • 26 Nov 2021
    Listed for Sale Expressions of Interest
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About North Lakes 4509

The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of total area. The population of North Lakes in 2011 was 15,045 people. By 2016 the population was 21,670 showing a population growth of 44.0% in the area during that time. The predominant age group in North Lakes is 0-9 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation. In 2011, 61.9% of the homes in North Lakes were owner-occupied compared with 54.8% in 2016.

North Lakes has 9,148 properties. Over the last 5 years, Houses in North Lakes have seen a 85.26% increase in median value, while Units have seen a 77.89% increase. As at 30 November 2024:

  • The median value for Houses in North Lakes is $931,802 while the median value for Units is $617,504.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 40 properties listed for sale, and 102 properties listed for rent in North lakes on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in North lakes.

Suburb Insights for North Lakes 4509

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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.