401 Sherwood RoadRocklea QLD 4106
Property Details for 401 Sherwood Rd, Rocklea
Last Listing description (October 2023)
Colliers is pleased to present 401 Sherwood Road, Rocklea QLD, an industrial property with a rich history of servicing businesses and the Brisbane Markets. The property will be sold via Expressions of Interest as a fully leased investment. Property details include:
- 4,859sqm total building area on 8,094sqm site area
- Functional warehouse with only two (2) support columns
- Fire system and onsite transformer in place
- 90m main road frontage and traffic exposure
- Fully leased to Cheap Car Co.
- Midway through 5 year lease term
Due to the short WALE and holding income, this opportunity suits a value-add investor / developer or future owner occupier. Located adjacent to the Brisbane Markets, and within 20mins of the Brisbane CBD, it's sure to provide ultimate flexibility to occupiers and investors alike.
For sale via Expressions of Interest closing Wednesday 13th September 2023.
Contact Colliers for more information or an inspection today.
Property History for 401 Sherwood Rd, Rocklea, QLD 4106
- 04 Apr 2024Sold for $3,250,000
- 11 Aug 2023Listed for Sale Please contact agent
- 19 Mar 2020Listed for Sale Please contact agent
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About Rocklea 4106
The size of Rocklea is approximately 9.3 square kilometres. It has 22 parks covering nearly 13.8% of total area. The population of Rocklea in 2011 was 1,255 people. By 2016 the population was 1,579 showing a population growth of 25.8% in the area during that time. The predominant age group in Rocklea is 20-29 years. Households in Rocklea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rocklea work in a professional occupation. In 2011, 55.2% of the homes in Rocklea were owner-occupied compared with 51.1% in 2016.
Rocklea has 1,422 properties. Over the last 5 years, Houses in Rocklea have seen a 83.85% increase in median value, while Units have seen a 62.49% increase. As at 31 October 2024:
- The median value for Houses in Rocklea is $710,076 while the median value for Units is $506,443.
- Houses have a median rent of $563 while Units have a median rent of $380.
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