49-55 Centenary Place, Logan Village, QLD 4207

Industrial

Sold $3,428,000

  • Property ID: 387159
  • Floor Area: 864m²
  • Land Area: 5774m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 864m2 5774m2 N/A
VALUE ADD : 7% NET PRICE GUIDE $3.42M : 2.5 YEAR MIN TERM IN PLACE

This strategic Investment opportunity is in the heart of a new major growth corridor of Logan Village + Yarrabilba. Exceptionally well presented as new Office / Warehouse on very substantial hardstand.

- $240,000 Net Return - Major Steel Manufacturer
- Tenant pays all outgoings including land tax
- 5,774m2 Site Area (2 lots 1,560m2 + 4,214m2)
- 864m2* Building comprising 650m2 Full Height Warehouse, 216m2 Executive offices
- 6 Full Height Roller Doors, Spray Booth, Workshop with bays, Specialised Wash Bay
- Logan Village / Yarrabilba high growth zone
- Tenant also leases adjacent site (#45-47 / 3,915m2 @ $2,400/month not included in this purchase).

POTENTIAL: INVEST NOW / OWNER OCCUPY LATER
The tenants are planning a future complex to be completed (2+ years away), presenting the opportunity to invest now, and owner occupy at a later date or keep as an investment.

PRICE GUIDE: $3.428M

* Areas approximate

Logan Village Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $400 ---
Industrial $5394 $224 4.15%
Retail --- $260 ---
This is the average advertised price, rent and yield for Logan Village, QLD 4207*

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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