2/79 Bancroft RoadPinkenba QLD 4008
Property Details for 2/79 Bancroft Rd, Pinkenba
Last Listing description (August 2023)
Knight Frank & Cushman Wakefield are pleased to present a significant investment offering being Unit 2,79 Bancroft Road, Pinkenba for your consideration.
The subject facility is well-positioned in Brisbane's highly sought-after TradeCoast & Airport industrial precinct and provides the opportunity for astute investors to acquire a rare offering with significant future rental uplift.
2,976 sqm high quality improvements on a 9,644 sqm site
Leaseback offering to 'Spot Productions' at market rental
Proposed fully leased net income of $521,150 or $175 psqm offering a 5 or 7 year lease term;
Favourable 4% fixed rent reviews;
Strategically situated in the most sought-after industrial precinct in Queensland, with record low vacancy.
Unit 2,79 Bancroft Road, Pinkenba is being offered For Sale via expressions of interest.
Property History for 2/79 Bancroft Rd, Pinkenba, QLD 4008
- 20 Sep 2023Sold for $8,400,000
- 30 May 2023Listed for Sale Contact Agent
- 17 Mar 2021Listed for Sale Incentivised Lease Price of $85/sqm net!
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/eslikp56dai63dapz4xgit4eb4?signature=fcb29e8a883662c25ca942c990fde2a2b46bf8fe26373f09b3c13149ba3fe1da){kind=logo}
0
/assets/perm/tgsdjvg6hui63pooww7krpcssm?signature=fe692ebac93a7eff23c67563eb75156290c9952790cf438983cf785ed6b3720f){kind=logo}
0/assets/perm/6qnalph64yi6tjbon4gpob2qi4?signature=da579627877d9616691ad352b5df782697e043681f36e9968127caab424181b7){kind=logo}
0
0About 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.
Suburb Insights for Pinkenba 4008
Market Insights
Pinkenba Trends for Houses
N/A
N/A
View TrendN/A
N/A
Pinkenba Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
