SOLD
Sold on 02 Nov 2023 for $10,628,000

10-22 Commercial Drive
Springfield QLD 4300

Bedrooms: -
Bathrooms: -
Car spaces: 64
Floor area: 2646m2
Land area: 6608m2
Save

Property Details for 10-22 Commercial Dr, Springfield

Building Type
Commercial
Floor Size
2646m2
Land Size
6608m2
Local Government
Ipswich
Lot/Plan
10/SP160051

Last Listing description (September 2023)

Colliers is pleased to present an outstanding investment opportunity for sale via Expressions of Interest closing Thursday 19 October 2023 at 4pm (AEST).

Highlights of the opportunity include:


Trophy blue chip investment (WALE 4.9 years*)
Net income: $665,918pa*
Modern complex with four individual buildings and 64 onsite parking bays (ratio 1:40m2*)
Prime 6,608m2 site neighbouring national and multinational covenants
High exposure with 110m* frontage
Anchored by established Steller Medical coupled with national brands Bridgestone, Tradelink & Vinnies
• Ideally located in Australia's fastest growing LGA 3.95%* growth (as of 2022)
Centrally positioned in Australia's largest master planned community - $32* billion of developments

For further information, contact the exclusive marketing agents at Colliers today.

* Approximate. Image locations and outlines are approximate and indicative only.

Property History for 10-22 Commercial Dr, Springfield, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$10,628,000
02 Nov 2023
Listed for Rent
14 Jan 2016
  • 02 Nov 2023
    Sold for $10,628,000
  • 12 May 2023
    Listed for Sale Offers to Purchase
  • 16 Sep 2015
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

About Springfield 4300

The size of Springfield is approximately 6.7 square kilometres. It has 19 parks covering nearly 8.8% of total area. The population of Springfield in 2011 was 6,618 people. By 2016 the population was 6,785 showing a population growth of 2.5% in the area during that time. The predominant age group in Springfield is 0-9 years. Households in Springfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springfield work in a clerical occupation. In 2011, 60.3% of the homes in Springfield were owner-occupied compared with 62.2% in 2016.

Springfield has 3,067 properties.

    There are currently 16 properties listed for sale, and 10 properties listed for rent in Springfield on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Springfield.

    Suburb Insights for Springfield 4300

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    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.