2/8 Spine StreetSumner QLD 4074
Property Details for 2/8 Spine St, Sumner
Last Listing description (July 2019)
Raine & Horne Commercial is pleased to present Unit 2 / 8 Spine Street, Sumner.
Sumner has continued its long history of being an industrial hub within Brisbane's Western Corridor. The property benefits from access to Brisbane's major arterial road networks (Centenary Motorway, Ipswich Motorway and Logan Motorway) and is close to the new Legacy Way tunnel.
Approximately located 13 radial kilometres south-west of Brisbane's CBD, this location is attractive for businesses which require excellent access to the CBD, major surrounding infrastructure and to Westerns Suburbs.
* Approx. 456sqm of warehouse and office
* Currently leased till July 2020
* Tenant currently pays $37,080 p/a Net + GST
* Outgoings paid by the Tenant
* 2 x container height roller doors
* 3 phase power
* Male and female amenities
* Room for set down and container drop
**Investors take note, there may be an opportunity to negotiate with tenant a longer lease term
For more information please contact Exclusive Agent, Adam Horie from Raine & Horne Commercial
For Sale by Auction (if not sold prior)
14 May 2019 at 11:00am
In Rooms - Raine & Horne Commercial
1652 Ipswich Road, Rocklea QLD 4106
Property History for 2/8 Spine St, Sumner, QLD 4074
- 03 Jun 2021Listed for Sale Contact Agent
- 26 Apr 2019Sold for $510,000
- 08 Apr 2019Listed for Sale Auction - 14 May 2019 at 11:00am
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0About Sumner 4074
The size of Sumner is approximately 1.9 square kilometres. It has 2 parks covering nearly 27.1% of total area. The population of Sumner in 2011 was 540 people. By 2016 the population was 600 showing a population growth of 11.1% in the area during that time. The predominant age group in Sumner is 30-39 years. Households in Sumner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sumner work in a professional occupation. In 2011, 59.3% of the homes in Sumner were owner-occupied compared with 61.6% in 2016.
Sumner has 624 properties. Over the last 5 years, Houses in Sumner have seen a 94.82% increase in median value, while Units have seen a 64.51% increase. As at 31 October 2024:
- The median value for Houses in Sumner is $967,358 while the median value for Units is $591,904.
- Houses have a median rent of $650 while Units have a median rent of $395.
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