5, 8 Miller Street, Murarrie, QLD 4172

Industrial | Offices

Sold $950,000

  • Property ID: 417813
  • Floor Area: 257m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 257m2 N/A N/A
New Lease to a Public Company with Gov't links. "Offers to Purchase" closing soon. 257m2

"Prime Investment Gold" - Brand New Lease to a Public Company, about to Commence.
First time available , Lease or Sale in 16 years. Modern building in an upmarket estate. Higher than normal % of office / showroom / tech space at present, but can be easily converted back if more warehouse is needed in the future.
Offices are a combo of open plan & partitions, with good amenities on both levels.
Storage bay / roller shutter door provided as well. 5 + Parking onsite or on street.
Great location, high up in "MURARRIE BUSINESS PARK". This complex is well exposed, on the corner of Creek Rd & Miller St, and is "flood free".
Trade Coast location, close to the Gateway Bridge / Motorway.
"Offers to Purchase" closing soon.

LESSEE : Public Company
LEASE TERM : 3 Years + 3 years
COMMENCEMENT : 1 / 10 / 2022
ANNUAL RENT : $59,112.00 per annum + GST ($230 pm2 net)
OUTGOINGS : Tenant pays All.
REVIEWS : CPI% annually. market Review at Option
BANK GUARANTEE : $26,426 (4 months rent & outgoings)

Murarrie Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3830 $306 8.00%
Industrial $3244 $176 5.42%
Retail --- $233 ---
This is the average advertised price, rent and yield for Murarrie, QLD 4172*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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