5/23 Breene PlaceMorningside QLD 4170
Property Details for 5/23 Breene Pl, Morningside
Last Listing description (February 2020)
PRIME MORNINGSIDE INVESTMENT OPPORTUNITY
On behalf of the vendor, Dugan & Co is pleased to present to the market 5/23 Breene Place, Morningside For Sale. The property offers an exceptional investment opportunity to purchase a solid investment with two tenants located in Brisbane's inner-south industrial hub.
The property comprises a 425m2* office unit and returns a rental of $140,000* net p.a + GST.
Unit 5A:
- Lessee: Life International
- Area: 102m2*
- Term: 3 + 3 years
- Commencement: 27th April 2015
Unit 5B & C
- Lessee: Vanguard Logistics
- Area: 323m2*
- Term 3 + 3
- Commencement: 14th June 2017
*Approximately
For further information or to arrange an inspection please contact the exclusive agents from Dugan & Co Property.
Property History for 5/23 Breene Pl, Morningside, QLD 4170
- 29 Nov 2019Listed for Sale Price upon application
- 04 Dec 2014Listed for Sale Not Disclosed
- 01 Aug 2012Listed for Rent - Price not available
Recent sales nearby
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0About Morningside 4170
The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2016 was 10481 people. By 2021 the population was 11755 showing a population growth of 12.2% in the area during that time. The predominant age group in Morningside is 30-39 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation.In 2021, 51.40% of the homes in Morningside were owner-occupied compared with 48.30% in 2016.
Morningside has 6,528 properties. Over the last 5 years, Houses in Morningside have seen a 71.49% increase in median value, while Units have seen a 102.16% increase. As at 30 November 2025:
- The median value for Houses in Morningside is $1,505,331 while the median value for Units is $915,810.
- Houses have a median rent of $730 while Units have a median rent of $670.
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