SOLD
Sold on 24 Jun 2024 for $990,000

6/390 Kingston Road
Slacks Creek QLD 4127

Bedrooms: -
Bathrooms: -
Car spaces: 100
Floor area: 198m2
Land area: 604m2
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Property Details for 6/390 Kingston Rd, Slacks Creek

Building Type
Commercial
Floor Size
198m2
Land Size
604m2
Local Government
Logan City
Lot/Plan
6/BUP13619

Last Listing description (September 2024)

2 Tenants on one title
Both tenants' side by side with excellent street frontage and corner position
Shop 6a 92 sqm - Charcoal Chicken (Lease ending 30/04/2026)

Shop 6a - New rent $31,636.36 PA Gross + GST (Water usage paid by tenant)
Shop 6b 84 sqm - Dim Sim Kingdom Pty Ltd (Currently on periodic lease - 3 Months' notice to vacate)
Shop 6b - New rent $29,454.54 PA Gross + GST (Water usage paid by tenant)
Total council rates incl. water - $8,122 PA Approximately
100% of water usage $3,992 PA Approximately - Paid by tenants split 50/50
Body corporate fee's $11,802. PA Approximately
Ample on-site parking for customers
Pylon signage
Large retail centre with prime exposure to Kingston Rd and Wembley Rd
Close to major shopping centres & public transport

Slacks Creek is located with the Brisbane Region approximately 21 kilometres Southeast of the Brisbane CBD. Its position is greatly serviced by the Pacific Highway linking both the north and the south along with the Logan Motorway and Gateway Motorway. Slacks Creek has a strong growing population with a mix of retail, commercial and industrial properties.

Property History for 6/390 Kingston Rd, Slacks Creek, QLD 4127

A timeline of how this property has performed in the market
Last Sold
$990,000
24 Jun 2024
  • 24 Jun 2024
    Sold for $990,000
  • 17 Jan 2024
    Listed for Sale $1,000,000 + GST
  • 02 Jun 2021
    Sold for $600,000
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About Slacks Creek 4127

The size of Slacks Creek is approximately 8.5 square kilometres. It has 24 parks covering nearly 16.8% of total area. The population of Slacks Creek in 2011 was 10,435 people. By 2016 the population was 10,423 showing a population decline of 0.1% in the area during that time. The predominant age group in Slacks Creek is 0-9 years. Households in Slacks Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Slacks Creek work in a labourer occupation. In 2011, 54.7% of the homes in Slacks Creek were owner-occupied compared with 53.8% in 2016.

Slacks Creek has 4,866 properties. Over the last 5 years, Houses in Slacks Creek have seen a 119.77% increase in median value, while Units have seen a 111.72% increase. As at 30 November 2024:

  • The median value for Houses in Slacks Creek is $718,170 while the median value for Units is $475,498.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 29 properties listed for sale, and 32 properties listed for rent in Slacks creek on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Slacks creek.

Suburb Insights for Slacks Creek 4127

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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.