OFF MARKET

63 Tile Street
Wacol QLD 4076

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2587m2
Land area: 16190m2
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Property Details for 63 Tile St, Wacol

Building Type
Commercial
Floor Size
2587m2
Land Size
16190m2
Local Government
Brisbane
Lot/Plan
24/RP80077

Last Listing description (April 2023)

Knight Frank is pleased to present 63 Tile Street, Wacol to the market for sale via Offers to Purchase closing Friday, 9th September 2022 at 4pm (AEST).

63 Tile Street, Wacol presents an excellent opportunity to secure an industrial investment which will provide secure income into the future. Featuring a multi-tenant design, high quality of buildings and the opportunity to secure a highly sought-after industrial facility in the heart of the established industrial suburb of Wacol, this offering will suit astute investors.


- 7,804* sqm multi-tenant industrial facility
- $993,510 per annum rental income
- 4.6* year W.A.L.E by income
- Quality features across all 3 sheds, inc 3 gantry cranes (one brand new)
- Corporate grade office accommodation over two levels
- Highly functional drive through / drive around set up
- 16,187 sqm land area
- Prime Industrial location within the established Wacol market
- The major tenant Southern Sheet & Coil is a proud member of the Southern Sheet Group, which is one of Australia's largest privately owned steel distributors in Australia

For Sale via Offers to Purchase closing Friday, 9th September 2022 at 4pm (AEST).

*approx

Property History for 63 Tile St, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$16,300,000
08 Nov 2022
Listed for Rent
$4.96k/w
19 Apr 2023
  • 08 Nov 2022
    Sold for $16,300,000
  • 19 Aug 2022
    Listed for Sale Contact Agent
  • 06 Nov 2020
    Sold for $10,400,000
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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 711 properties. Over the last 5 years, Houses in Wacol have seen a 95.87% increase in median value, while Units have seen a 38.28% increase. As at 31 July 2024:

  • The median value for Houses in Wacol is $576,875 while the median value for Units is $446,554.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Wacol on OnTheHouse. According to CoreLogic's data, 32 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.