29 Industrial Avenue is located on one of the main thoroughfares within the Wacol industrial area. The site receives a large amount of car traffic each day and allows direct access to Centenary Highway along with the Logan and Ipswich Motorways, creating a highly desirable location for a large number of occupiers. Along with these major motorways and highways, the site offers direct access to Progress Road which is currently undergoing an upgrade and is one of the areas major local arterials.
The tenancy offers the following key features:
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 705 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:
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