169 Nicklin RoadPalmwoods QLD 4555
Property Details for 169 Nicklin Rd, Palmwoods
Last Listing description (October 2021)
Colliers are pleased of offer to market 169 Nicklin Road. Palmwoods for sale by Expressions of Interest closing Thursday 27 May 2021 at 4pm
The property generates income from four separate tenancies. Primarily from Two large national cold storage and logistic tenants.
- 3.12ha site with industrial approvals.
- Improved with Six freestanding industrial buildings totaling a combined building area of 7028sqm
- Four autonomous tenancies; PFD Food Services (recently 65% acquired by Woolworths group); National Cold Logistics; GR Fleet services and a private residential house.
- Substantial concrete hardstand and large vehicle articulation areas.
- Extensive cold store and logistics fit outs are both tenant owned.
- Low site coverage
- Central Sunshine Coast location close to Bruce Highway, Sunshine Motorway arterials and Sunshine Coast Airport.
Inspections by appointment only, please contact the exclusive marketing agent Ben Flower from Colliers Sunshine Coast.
*Approximately
Property History for 169 Nicklin Rd, Palmwoods, QLD 4555
- 20 Dec 2023Sold for $12,000,000
- 23 Apr 2021Listed for Sale Please contact agent
- 27 Jun 2013Listed for Rent - Price not available
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About Palmwoods 4555
The size of Palmwoods is approximately 23.9 square kilometres. It has 24 parks covering nearly 4.7% of total area. The population of Palmwoods in 2011 was 5,491 people. By 2016 the population was 5,660 showing a population growth of 3.1% in the area during that time. The predominant age group in Palmwoods is 10-19 years. Households in Palmwoods are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmwoods work in a professional occupation. In 2011, 74.2% of the homes in Palmwoods were owner-occupied compared with 75.8% in 2016.
Palmwoods has 3,025 properties. Over the last 5 years, Houses in Palmwoods have seen a 81.73% increase in median value, while Units have seen a 85.51% increase. As at 31 October 2024:
- The median value for Houses in Palmwoods is $999,351 while the median value for Units is $747,856.
- Houses have a median rent of $660 while Units have a median rent of $540.
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