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).
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:
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