SOLD
Sold on 02 Jul 2024 for $8,600,000

1/79 Bancroft Road
Pinkenba QLD 4008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2877m2
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Property Details for 1/79 Bancroft Rd, Pinkenba

Building Type
Commercial
Land Size
2877m2
Local Government
Brisbane
Lot/Plan
1/SP176201

Last Listing description (September 2021)

Cushman & Wakefield in conjunction with CBRE is pleased to present 1/79 Bancroft Road, Pinkenba to the market for lease. This property is located just 10 radial kilometers from the CBD with direct access to the Gateway Motorway, Brisbane Airport, Port of Brisbane and also forms an integral part of the Australian Tradecoast Precinct.

The property features;


1,440 2,877sqm* total GFA
Functional layout and high quality finishes throughout
Access via multiple container height roller doors
Premium opportunity in growth precinct close to key infrastructure
Excellent internal height
Tilt panel construction
3 Phase power
Incentives on offer
Available now

*approx.

For more information, or to arrange an inspection, please contact the exclusive agents from Cushman & Wakefield or CBRE.

Property History for 1/79 Bancroft Rd, Pinkenba, QLD 4008

A timeline of how this property has performed in the market
Last Sold
$8,600,000
02 Jul 2024
Listed for Rent
$2.30k/w
17 Sep 2021
  • 02 Jul 2024
    Sold for $8,600,000
  • 26 Jul 2022
    Sold for $5,800,000
  • 08 Feb 2019
    Listed for Rent - Price not available
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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 579 properties. Over the last 5 years, Houses in Pinkenba have seen a 77.66% increase in median value, while Units have seen a 38.30% increase. As at 31 August 2024:

  • The median value for Houses in Pinkenba is $776,218 while the median value for Units is $695,024.
  • Houses have a median rent of $430.
There are currently 10 properties listed for sale, and 8 properties listed for rent in Pinkenba on OnTheHouse. According to CoreLogic's data, 21 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.