32 Business StreetYatala QLD 4207
Property Details for 32 Business St, Yatala
Last Listing description (March 2023)
Rarely do these properties come on to the market.
The property is a high clearance industrial facility. Each warehouse is roughly 30 m x 50 m. The front tenancy has 180 sqm of "A" grade office space. The inter-tenancy wall is concrete panel.
The Roller shutter height is 5.05 m. The springing/eave height is 7.3 m.
The balance of the site is concreted for car parking and handstand/set down areas.
There are 47 on-site car parks.
The property is leased to an International tenant on a 7 year lease that commenced on 1 March 2019, and expires on 28 February 2026. Annual 35 increases.
Tenant pays all outgoings including Land Tax.
Yatala is located midway between Brisbane and the Gold Coast, and is where industrial tenant demand is exceeding supply.
This property does tick all the investment boxes:
- Ideal high demand industrial location
- Modern high clearance facility which is suitable for 3rd party logistics
- Strong Lease covenant
- Full recovery of outgoings
Property History for 32 Business St, Yatala, QLD 4207
- 01 Jul 2021Sold for $6,950,000
- 23 Sep 2020Listed for Sale Offers
- 13 Sep 2019Listed for Rent - Price not available
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0About Yatala 4207
The size of Yatala is approximately 14 square kilometres. It has 13 parks covering nearly 4.2% of total area. The population of Yatala in 2011 was 1,345 people. By 2016 the population was 1,320 showing a population decline of 1.9% in the area during that time. The predominant age group in Yatala is 50-59 years. Households in Yatala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yatala work in a trades occupation. In 2011, 89% of the homes in Yatala were owner-occupied compared with 91.8% in 2016.
Yatala has 1,224 properties. Over the last 5 years, Houses in Yatala have seen a 93.04% increase in median value. As at 31 October 2024:
- The median value for Houses in Yatala is $1,364,110 while the median value for Units is $717,169.
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