106 Medway Street, Rocklea, QLD 4106

Industrial | Offices

Sold

  • Property ID: 438136
  • Floor Area: 5634m²
  • Land Area: 7447m²
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Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 29/11/2023 5634m2 7447m2 Contact Agent
Multi-Tenanted Fully Leased Industrial Investment Opportunity

- 5,634sqm fully leased warehouse/office space
- 7,447sqm land area
- 3 tenancies - 1,058sqm, 2,163sqm & 2,413sqm
- Gross rent - $690,807.20 p/a + GST
- Approx. yearly outgoings - $123,514.73
- 3 phase power - 300amps per phase & onsite transformer
- Two street access with multiple container height roller doors and 1 loading dock
- Recent extensive building upgrades - including new air conditioning, new membrane roof paint & coating, exterior painting and extensive rewiring of the power for the building
- Opportunity for future rental growth - Gross rents currently at circa $122/sqm

For Sale by Auction (if not sold prior)
Thursday 30 November 2023 at 10:30am Sydney Time, 9:30am Brisbane Time
In Rooms - Mezzanine Level 50 Margaret Street, Sydney or Available Online

Please contact the exclusive agents Sam Intelisano & Wayne Newberry from Raine & Horne Commercial for a copy of the Information Memorandum or to arrange a time to inspect

Rocklea Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4262 $92 2.15%
Offices $2805 $139 4.96%
Industrial $1676 $112 6.65%
This is the average advertised price, rent and yield for Rocklea, QLD 4106*
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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