73 Formation StreetWacol QLD 4076
Property Details for 73 Formation St, Wacol
Last Listing description (October 2018)
* Established tenant onsite
* Improvements totalling 3,370sqm
* 11,130sqm General Industry site
Located 18 radial kms south west of Brisbane GPO in Brisbane's Western Corridor at the junction of Ipswich and Logan Motorways, is this 11,130m2 General Industry C site. The facility boasts 1,801m2 of clearspan warehouse accessed via 7 roller doors, 2 self levelling docks and a portable dock. The warehouse offers a minimum height at the eves of 6 metres approximately. A 1,420m2
awning complements the substantial concrete pavement of 8,700m2. The site also features a 200m2 office. At the rear of the site is a drive in covered wash bay external to the warehouse. The property offers a low 30% site coverage.
Contact Exclusive Agent: Daryl Sluggett for further details or to arrange an inspection
Property History for 73 Formation St, Wacol, QLD 4076
- 15 Jan 2019Sold for $5,500,000
- 14 Feb 2017Listed for Sale Contact Exclusive Agent: Daryl Sluggett
- 06 Mar 1998Transferred for $920,000
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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 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.
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