OFF MARKET

1/1368 Kingsford Smith Drive
Pinkenba QLD 4008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 101m2
Land area: 375m2
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Property Details for 1/1368 Kingsford Smith Dr, Pinkenba

Building Type
Commercial
Year Built
2000
Floor Size
101m2
Land Size
375m2
Local Government
Brisbane
Lot/Plan
1/BUP9491

Last Listing description (January 2023)

Hudson Kaddatz from Harcourts Coastal Commercial on behalf of the sellers, has the exclusive privilege to offer this outstanding investment opportunity on the Trade Coast Industrial Precinct. This property is an industrial asset strategically positioned right next to the Port of Brisbane and the Brisbane International Airport. It is tenanted by an east-coast welding supplies leader 'Aitken Welding Supplies' who have been operating on Australia's East Coast since 1985. This property features a brand new 5 Year Lease with 20 Year's worth of options and favourable 4% Annual Reviews. This property is a rare offering, do not miss your chance as this property will be sold.


This property is being sold as part of an QLD Wide Industrial Portfolio Sale on behalf of Aitken Welding Supplies, if you have interest in any other properties tenanted by Aitken Welding, please contact Hudson Kaddatz for details on each property.



Net lettable area of 375m* including mezzanine office & storage.
• Tenanted by welding supplies leaders 'Aitken Welding Supplies'
Brand New 5 Year Lease + Options to 2047
Significant net income of $70,000 + GST + All Outgoings Per Annum
Proven tenant, 6 locations across Australia's East Coast
Favourable 4% Annual Reviews
Great street appeal along a busy industrial street
First unit in the complex, easy truck access
Large industrial roller door and loading dock
3-phase power throughout the property
Rear door w/ access to a rear yard
2 minutes to the Gateway Motorway
7 minutes to Brisbane International Airport
General Industry Zoning
Priced to sell, don't miss this rare and outstanding opportunity!

Contact the exclusive agent Hudson Kaddatz for access to the Data Room and more information.

* Approximately

Disclaimer:
Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 1/1368 Kingsford Smith Dr, Pinkenba, QLD 4008

A timeline of how this property has performed in the market
Last Sold
$405,000
09 Sep 2004
  • 03 May 2022
    Listed for Sale $1,500,000
  • 09 Sep 2004
    Sold for $405,000
  • 21 Dec 1989
    Sold for $265,000

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About Pinkenba 4008

The size of Pinkenba is approximately 15.8 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Pinkenba in 2011 was 349 people. By 2016 the population was 375 showing a population growth of 7.4% in the area during that time. The predominant age group in Pinkenba is 50-59 years. Households in Pinkenba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pinkenba work in a machinery operators and drivers occupation. In 2011, 59.2% of the homes in Pinkenba were owner-occupied compared with 55.7% in 2016.

Pinkenba has 576 properties. Over the last 5 years, Houses in Pinkenba have seen a 62.03% increase in median value, while Units have seen a 25.90% increase. As at 31 October 2024:

  • The median value for Houses in Pinkenba is $758,282 while the median value for Units is $856,132.
  • Houses have a median rent of $413.
There are currently 18 properties listed for sale, and 8 properties listed for rent in Pinkenba on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Pinkenba.

Suburb Insights for Pinkenba 4008

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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.