The property was sold under auction conditions, after a four week marketing campaign which generated a total of 15 enquiries and five formal offers.

The land comprises a regular shaped double inside allotment, situated at road height, providing a generally level contour with a westerly aspect.

The improvements have a total lettable area of 293m2, comprising 200m2 of office space and 93m2 of warehouse space. The improvements reflect a low site cover of 16%, which was a key consideration of the purchaser. Ancillary improvements comprise concrete sealed driveway, ancillary metal shed, small site office, landscaping and boundary fencing.

The property was offered to the market subject to Vacant Possession and was sold to an owner occupier.

The property is situated within Coopers Plains, which is one of Brisbane’s premier southside industrial localities, and enjoys easy and direct access to major transport nodes including the Ipswich Motorway.

Sale Overview
Sale Price:$680,000
Sale Date:January 2018
Income:Vacant Possession
Land Area:1,821m2
GFA:293m2
$/m2 lettable:$2,321
I$/m2 site area:$373