3/107 Miles Platting Road, Eight Mile Plains, QLD 4113

Offices

Sold $1,000,000

  • Property ID: 372968
  • Floor Area: 386m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 386m2 N/A N/A
Circa 8.5% net yield - brand new 3 year lease with a strong covenant

Ray White Commercial QLD are pleased to exclusively offer Lot 3, Building 10, 107 Miles Platting Road, Eight Mile Plains for sale.

This is a prime opportunity to acquire a quality leased investment with a strong covenant. The property is situated within the Eight Mile Plains Technology Office Park which provides accommodation for an abundance of commercial users.

Highlights include:
*Brand new Three (3) year lease with options to PAGE Institute
*Net income $96,500* + GST pa
*3 year lease + 2 year option
*Modern 386sqm* office suite
*11 Exclusive car parking bays
*Functional fit out
*Easy access to major transport nodes

Nearby amenity includes The Glenn Hotel and an onsite Café while being positioned adjacent to Brisbane Technology Park.

Spread over 33 hectares and located at the junction of South East Queensland's three major motorways, Brisbane Technology Park is the largest business park in Queensland. Originally a Queensland Government initiative to foster the growth of and collaboration between companies in knowledge-based industries, this exciting location is now home to over 200 companies employing in excess of 10,000 people.

The opportunity on offer is also in close proximity to the South East Busway which provides convenient accessibility through to the CBD.

*Approx.

Eight Mile Plains Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6407 $742 11.58%
Retail --- $500 ---
Industrial --- $208 ---
This is the average advertised price, rent and yield for Eight Mile Plains, QLD 4113*

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

Days on Market data for Offices 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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