90 Wembley Road, Logan Central, QLD 4114

Retail | Medical | Offices

For Sale $5,350,000 (Going Concern)

  • Property ID: 436278
  • Floor Area: 924m²
  • Land Area: 2036m²
  • Occupancy: Tenanted
MEDICAL/PHARMACY - MULTI TENANTED INVESTMENT IN PRIME LOCATION

• Current net income $307,842.77 p.a.
• Long term leases and tenants in place
• Medical Centre and Pharmacy with new 5 year lease + 5 year option
• 6 Tenants in total
• Freestanding Retail/ Office building over 2 levels
• Building area 924 sqm
• Land area 2,036 sqm
• Ground floor area 501 sqm
• First floor office area 425 sqm
• Building is fully compliant for disabled access
• New elevator recently installed
• 30 On-site car parking spaces
• Zoned Centre in the heart of bustling Logan Central
• Potential to increase GFA or re-development to maximise income
• Sought after location in tightly held area
• Excellent Exposure to Wembley Road with prime corner position
• Just minutes to the M1 and major arterial roads
• Walking distance to train station, bus way and major shopping centres

Logan Central is a mixed-use suburb and the central business district and administrative centre of the City of Logan, Queensland, Australia. Conveniently located in the Brisbane Region, Logan Central is approximately 23 kilometres south of the CBD.





Logan Central Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4869 $383 7.87%
Retail $4870 $455 9.34%
Industrial $1450 --- ---
This is the average advertised price, rent and yield for Logan Central, QLD 4114*

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

Days on Market data for Retail 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.
Floorplans

Property Detail Notes:

  • 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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