1/80 Michael Avenue, Morayfield, QLD 4506

Retail

Leased

  • Property ID: 134831
  • Floor Area: 60m²
  • NBN Availability: Service Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased N/A 60m2 N/A N/A
60m2 IN PROMINENT POSITION!

The property consists of quality commercial accommodation suited to professional office, retail shops, showrooms and take-away food outlets. The property offers a range of tenancies from 60m² up to 300m², glass retail frontage, ample parking and exposure opportunities

The property is currently under construction and is expected to be completed by November/December 2014.

The key features include:
- Quality commercial tenancies, fit-out available by negotiation.
- Good exposure and access to Michael Avenue, Morayfield.
- Prominent location between Morayfield Shopping Centre and Drakes Supa IGA.
- Within booming PRAC as identified by State Government

The property is within the Moreton Bay Regional Council region www.moretonbay.qld.gov.au which is the third largest in the country (Urban Local Government Association, 2011). The region is described as a growing residential area with substantial commercial and industrial development according to the Moreton Bay Regional Council website (2011). Government also predicts that the increase in residence in the area may make the Moreton Bay Region one of the fastest growing areas in Australia (under the Queensland Government's medium series population projections) (Department of Main Roads - Preliminary Evaluation Report 2011).

Morayfield Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4512 $337 7.46%
Offices $4123 $323 7.84%
Industrial $4230 $212 5.01%
This is the average advertised price, rent and yield for Morayfield, QLD 4506*

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

Days on Market data for Retail in QLD for Lease

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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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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