SOLD
Sold on 19 Feb 2024 for $3,100,000

19 Priority Street
Wacol QLD 4076

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1583m2
Land area: 4810m2
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Property Details for 19 Priority St, Wacol

Building Type
Commercial
Floor Size
1583m2
Land Size
4810m2
Local Government
Brisbane
Lot/Plan
676/SL7173

Last Listing description (July 2022)

Cushman & Wakefield is pleased to present to the market 19 Priority Street, Wacol for sale.

The property features:
- Building: 1,588sqm*

- Land: 4,810sqm*
- Two freestanding buildings with large hardstand
- Long term secure tenant - Resitech Group
- 8 year lease until December 2023 + 3 year option
- Returning $175,339pa net + GST
- Net lease with all outgoings paid by Lessee
- Price expectation $2,300,000 neg.

*approx.

For further information or to arrange an inspection please do not hesitate to contact the Exclusive Marketing Agents.

Property History for 19 Priority St, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$3,100,000
19 Feb 2024
  • 19 Feb 2024
    Sold for $3,100,000
  • 13 Nov 2020
    Sold for $2,270,000
  • 14 Jul 2020
    Listed for Sale Contact Agent
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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 143.88% increase in median value, while Units have seen a 46.67% increase. As at 31 October 2024:

  • The median value for Houses in Wacol is $700,198 while the median value for Units is $467,446.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Wacol on OnTheHouse. According to CoreLogic's data, 30 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.