OFF MARKET

44 Formation Street
Wacol QLD 4076

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9062m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 44 Formation St, Wacol

Building Type
Commercial
Land Size
9062m2
Local Government
Brisbane
Lot/Plan
655/SL6963

Last Listing description (July 2024)

- 1,161sqm* commercial office space available
- 64* dedicated carparks
- Office split over two levels

- Combination of open plan, partitioned offices & meeting rooms
- Kitchen / lunch room and breakout area
- Secure fenced site
- Amenities across both levels
- Close proximity to major arterial networks, Logan Motorway, Ipswich Motorway & Centenary Highway

Outgoings: Included in Rent.

*Approx.

For more details please contact the exclusive agents, Mark Gilbride and Ben Hyne of CG Property and Adam Horie of Raine & Horne Commercial Southside.

Property History for 44 Formation St, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$7,050,000
19 Jul 2021
Listed for Rent
$3.83k/w
29 Jul 2024
  • 28 Oct 2022
    Listed for Rent - Price not available
  • 19 Jul 2021
    Sold for $7,050,000
  • 05 Nov 1998
    Transferred for $2,560,509
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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 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:

  • 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 4 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.