24 Spine Street, Sumner, QLD 4074

Industrial

Sold

  • Property ID: 438137
  • Floor Area: 1255m²
  • Land Area: 2327m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 09/02/2024 1255m2 2327m2 Contact Agent
Multi Tenanted Freestanding Investment

This is your chance to acquire a multi tenanted freehold property on the main street of Sumner, close proximity to major arterial networks.

- Freestanding Investment on Sumners busiest Street
- 6 Tenants, combined rental $170,537.20 p/a + GST (as of 30 November 2023)
- Rental as of 1 December 2023 $174,618.40 p/a + GST
- Mixture of tenants, Cafe, Showroom, Warehousing & Workshop
- All Tenants have security bonds in place
- Total lettable area 1,255sqm*, split between 6 tenancies
- Site comprising 2,327sqm fully concreted & sealed Industrial Land
- On-site parking for tenants & visitors
- Call today to request a copy of the Information Memorandum.

*Approximate

For more information please contact the Exclusive Agent, Adam Horie from Raine & Horne Commercial.

Sumner Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3079 $160 5.21%
Offices $4443 $360 8.11%
Retail $4443 $386 8.69%
This is the average advertised price, rent and yield for Sumner, QLD 4074*
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.
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  Raine & Horne Commercial Brisbane Southside

 

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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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