OFF MARKET

1/21 Brownlee Street
Pinkenba QLD 4008

Bedrooms: -
Bathrooms: -
Car spaces: 14
Floor area: 101m2
Land area: 1420m2
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Property Details for 1/21 Brownlee St, Pinkenba

Building Type
Commercial
Floor Size
101m2
Land Size
1420m2
Local Government
Brisbane
Lot/Plan
1/SP192529

Last Listing description (March 2022)

Cushman & Wakefield on behalf of the owners is pleased to present to the market for the first time this Premium TradeCoast Tenanted Investment situated at 1/21 Brownlee Street, Pinkenba.

Located in Pinkenba this property is just 13* radial kilometres from the CBD and sits adjacent to the Brisbane Airport. Pinkenba provides a desirable industrial location in the heart of the Northern TradeCoast. Located just 20* minutes from the Port of Brisbane and 10* from the Gateway Arterial.

This investment opportunity features:

- 1,441sqm* total Gross Floor Area
- 375sqm* office/amenities over two levels
- 1,066sqm* warehouse area
- Leased to Aviation Training Australasia Pty Ltd
- Lease expiry February 2028 + 2 x 5 Year options
- Current net rental - $202,732pa + Outgoings + GST (from February 2022)
- 3% or CPI annual increases whichever the greater
- Located within complex of only 5 units with a caf on-site
- Gated and secure complex
- Modern tilt panel construction
- 14 on-site exclusive use car parks

For Sale via Expression of Interest closing Thursday 25 November at 4pm.

For further information or an inspection of either of these tenancies, please contact the exclusive Marketing Agents at Cushman & Wakefield.

*Approx

Property History for 1/21 Brownlee St, Pinkenba, QLD 4008

A timeline of how this property has performed in the market
Last Sold
$4,000,000
29 Nov 2021
  • 29 Nov 2021
    Sold for $4,000,000
  • 03 Nov 2021
    Listed for Sale Contact Agent

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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 9 properties listed for rent in Pinkenba on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Pinkenba.

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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.