OFF MARKET

1171 Boundary Road
Wacol QLD 4076

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 14660m2
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Property Details for 1171 Boundary Rd, Wacol

Building Type
Commercial
Land Size
14660m2
Local Government
Brisbane
Lot/Plan
758/SL9494

Last Listing description (January 2021)

McGees Property in conjunction with Global Business Auctioneer and Valuers is proud to present this fantastic development/investment opportunity for sale via Expressions of Interest closing at 4.00pm 21st July 2020.

1. Industrial Plywood Manufacturing Business and Assets
2. Major Industrial Land Holding Including Land and Buildings.

Location: Brisbane, Australia

Under Instructions from: Mr. Gavin Morton of Morton + Lee Insolvency as Liquidator Appointed to Sharp Plywood Pty Ltd (In Liquidation).

Expressions of Interest Closes on 4pm, Tuesday the 21st of July 2020

Sale Options 1: Purchase Both Business and Land Holdings Sale Option 2: Purchase the Land and Buildings Separately - Sale Option 3: Purchase the Business and Assets For Removal or Potential Leasing Options if Available.

This asset is located at 1171 Boundary Road approximately 16.5 radial kilometres south-west of the Brisbane CBD in the highly sought-after industrial precinct of Wacol. This prime location offers immediate access to the Centenary Highway and both the Ipswich and Logan Motorways.

The asset comprises of:
Land size: 14,660m2
Building size: 3,445m2
High clearance warehouse (2970m2) with 2 level office (475m2)
Low site coverage with future Development potential

For more property information, please contact exclusive McGees Property Agents Gavin Moore 0422 222 978 and Nina Brailey 0415 387 727

Property History for 1171 Boundary Rd, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$4,250,000
30 Nov 2020
  • 30 Nov 2020
    Sold for $4,250,000
  • 06 Jul 2020
    Listed for Sale Contact Agent
  • 05 May 2020
    Listed for Rent - Price not available

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About Wacol 4076

The size of Wacol is approximately 18.2 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Wacol in 2011 was 2,957 people. By 2016 the population was 3,774 showing a population growth of 27.6% in the area during that time. The predominant age group in Wacol is 20-29 years. Households in Wacol are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wacol work in a trades occupation. In 2011, 61.3% of the homes in Wacol were owner-occupied compared with 45.4% in 2016.

Wacol has 710 properties. Over the last 5 years, Houses in Wacol have seen a 116.48% increase in median value, while Units have seen a 41.85% increase. As at 30 September 2024:

  • The median value for Houses in Wacol is $625,428 while the median value for Units is $468,901.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 1 property listed for rent in Wacol on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Wacol.

Suburb Insights for Wacol 4076

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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.