SOLD
Sold on 22 Feb 2024 for $7,200,000

32 Logan Road
Woolloongabba QLD 4102

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 953m2
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Property Details for 32 Logan Rd, Woolloongabba

Building Type
Commercial
Land Size
953m2
Local Government
Brisbane
Lot/Plan
7/RP11809

Last Listing description (November 2023)

JLL Metropolitan Sales & Investments is pleased to exclusively present 'Gabba HQ' to the market; a functional two level office asset with exceptional parking and strategically located adjacent to the forthcoming Cross River Rail project and Gabba Stadium, the home of the 2032 Olympic Games. The property provides the following key benefits;

Two storey freestanding office totalling 1,161sqm*
Prominent 953sqm* District Centre zoned site with potential upside
Generous, secure basement parking for twenty-six (26) vehicles 1:44 ratio
Ground floor leased to quality, longstanding tenant providing significant income
Strategically located adjacent to forthcoming Cross River Rail infrastructure project
Positioned directly across from the Gabba Stadium home of the 2032 Olympic Games
Countless restaurants, cafes, breweries and bars just metres from the property
Ideal owner occupier opportunity with benefit of passing income & room for future growth

32 Logan Road, Woolloongabba is being offered for sale by way of Expressions of Interest closing Thursday, 7 December 2023 at 4:00pm (AEST).

Property History for 32 Logan Rd, Woolloongabba, QLD 4102

A timeline of how this property has performed in the market
Last Sold
$7,200,000
22 Feb 2024
Listed for Rent
$26k/w
17 Oct 2023
  • 22 Feb 2024
    Sold for $7,200,000
  • 16 Nov 2023
    Listed for Sale Please Contact Agent
  • 16 Sep 2019
    Listed for Rent - Price not available
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About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,403 properties. Over the last 5 years, Houses in Woolloongabba have seen a 70.47% increase in median value, while Units have seen a 71.73% increase. As at 31 October 2024:

  • The median value for Houses in Woolloongabba is $1,319,325 while the median value for Units is $697,799.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 23 properties listed for sale, and 28 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Woolloongabba.

Suburb Insights for Woolloongabba 4102

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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.