OFF MARKET

625 Progress Road
Wacol QLD 4076

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4113m2
Land area: 8077m2
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Property Details for 625 Progress Rd, Wacol

Building Type
Commercial
Floor Size
4113m2
Land Size
8077m2
Local Government
Brisbane
Lot/Plan
588/SL7112

Last Listing description (September 2017)

With approximately 80m of frontage to Progress Road, this site offers owner-occupiers, investors and developers alike a chance to secure a site that not only caters for business now, but significant redevelopment opportunities.
Only metres from the Ipswich Motorway, this 8,077sqm lot allows excellent access along both Boundary Road, the Ipswich Motorway and Centenary Motorway.
Further key features include:

- 4,113sqm of building improvements;
- Completely serviced site with significant power supply;
- Generous concrete hardstand area;
- Close access to key transport infrastructure; and
- On the doorstep of significant local industrial estates including Metroplex at Westgate and Connect West Darra.
For further information or to arrange an inspection, contact the exclusive marketing agent Philip Stephens from Colliers International.

Property History for 625 Progress Rd, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$2,100,000
29 Jun 2017
  • 29 Jun 2017
    Sold for $2,100,000
  • 02 Nov 2016
    Listed for Sale Not Disclosed

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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 706 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, 31 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.