90 Wembley Road, Logan Central, QLD 4114

Retail | Medical | Offices

Sold $2,500,000

  • Property ID: 349066
  • Floor Area: 924m²
  • Land Area: 2036m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 924m2 2036m2 N/A
FREESTANDING RETAIL/ OFFICE INVESTMENT

New 5 Year Lease + 5 Year option - Long standing Medical Centre and Chemist
Prime main road location, walking distance to train station
Retail/ office building over 2 levels
Ground floor 501 m2* (tenanted)
First floor office area 423 m2*-Currently vacant (Projected income $105,750 PA Net)
Currently net income $155,035.47 PA (From Medical Centre and Chemist)
Total projected net income fully leased $260,780.47 approx.
Total building size 924 m2*
Land size 2,036 m2*
30 On-site car parking spaces
Potential for further development (12 metre height limit)
Main road position with excellent exposure
Close to public transport

(Approximately *)

Logan Central Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4869 $383 7.87%
Industrial $1450 --- ---
Retail $4870 $455 9.34%
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.

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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