3105, 17 Commerce Drive, Browns Plains, QLD 4118

Retail

Sold $620,000

  • Property ID: 440271
  • Floor Area: 100m²
  • Land Area: 100m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 10/05/2024 100m2 100m2 $600,000
HIGH EXPOSURE FOOD OUTLET - TENANTED INVESTMENT

• 60sqm Internal area
• 40sqm Additional undercover outdoor dining area
• Current Net income $36,600 PA Net + GST + Outgoings
• Outgoings $12,467 PA Approximately paid by the tenant.
• 18 months remaining on the current lease term
• Tenant has 1 x 3 year option
• Most of the fit out is owned by the landlord
• High foot traffic area
• Neighbouring tenants include The Coffee Club, Baskin & Robins and Subway
• Ample on-site parking at the rear with additional street parking.
• Fantastic site in the heart of Browns Plains shopping precinct

Browns Plains is located approximately 24kms from the Brisbane CBD. The precinct provides direct access to the Mt Lindesay Highway, which in turn provides access to the Logan Motorway. The area has experienced rapid growth over recent years. Land developments in the precinct have resulted in opportunities for new businesses to establish in or relocate to the area. The area has great local amenities including sporting facilities, public library & public transport.

Browns Plains Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $290 ---
Industrial --- $100 ---
Retail --- $463 ---
This is the average advertised price, rent and yield for Browns Plains, QLD 4118*

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

Days on Market data for Retail 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:

  • 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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