OFF MARKET

42 Mcroyle Street
Wacol QLD 4076

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15350m2
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Property Details for 42 Mcroyle St, Wacol

Building Type
Commercial
Land Size
15350m2
Local Government
Brisbane
Lot/Plan
2/RP227926

Last Listing description (June 2023)

King & Co Property Consultants are pleased to present 42 McRoyle Street, Wacol to the market for sale.

This presents an opportunity to secure a rare multi tenanted Industrial Investment.


* Multi-Tenanted property comprising 6,424sqm of quality buildings on a 15,300sqm site

* Low 42% site coverage providing generous concrete hardstand manoeuvring areas

* Strong lease terms and conditions with tenant guarantees

* Prime location with neighbours such as Primo, Komatsu, Hitachi, Volvo, Sealy, Bidfoods, Loscam, Boral & Ardex

* Located in blue Chip industrial precinct with easy access to major motorways.

42 Mcroyle Street is a quality property consisting of 5 buildings that house 7 tenants. With only 6,424sqm of building on a 15,300sqm site, representing 42% site coverage, which provides for great truck manoeuvring. There is plenty of concrete for loading and unloading. Two street crossovers also provides easy ingress and egress.

Buildings are of metal clad, clearspan construction containing appropriate office areas and their own amenities. Access to warehouses via electric container height roller doors.

Wacol is a blue chip industrial precinct situated in Brisbane's "Western Corridor Industrial District" offering many advantages that make it an excellent location for businesses in South East Queensland. The property is located central to some of Queensland's major transport corridors, within 2 km is the M7 encompassing the Ipswich Motorway, Warrego Highway, and Cunningham Highway connecting the Brisbane CBD to the Ipswich CBD and Western Highways and; the M2 - Logan Motorway connecting Brisbane to the Gold Coast and the M5, Centenary Motorway connects to Brisbane CBD and Airports.


Contact Exclusive Agent Richard Hall to obtain an Information Memorandum or arrange an inspection

Property History for 42 Mcroyle St, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$7,655,675
23 May 2019
Listed for Rent
$2/w
07 Jul 2022
  • 06 Sep 2019
    Listed for Sale EXPRESSIONS OF INTEREST
  • 23 May 2019
    Sold for $7,655,675
  • 22 Feb 2019
    Listed for Sale MULTI TENANTED OFFERING SECURITY PLUS
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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.