116-118 Wembley Road, Logan Central, QLD 4114 | Commercial for sale | OnTheHouse
 
FOR SALE
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116-118 Wembley Road
Logan Central QLD 4114

Bedrooms: -
Bathrooms: -
Car spaces: 210
Floor area: 4981m2
Land area: 14300m2
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Rare Value-Add Retail Centre With Strong Upside

Ray White AKG are pleased to present to the market, for the first time in over 20 years, an exceptional freehold investment and value-add development opportunity in one of Logan Central's most prominent commercial locations.
Positioned on a substantial 14,300sqm* landholding, the property comprises 4,981sqm* of retail and commercial improvements across five (5) buildings, with strong exposure to Wembley Road. The asset represents an underperforming large format retail centre, offering immediate scope for rental uplift, repositioning, or redevelopment.
The property features a diverse mix of tenants, including food and hospitality operators alongside an established indoor sports facility, providing holding income while future plans are executed. Importantly, the leases to Sky Badminton and Lifeline Retail Warehouse both include six (6) month demolition clauses, offering significant flexibility and the ability to accelerate redevelopment outcomes.
Zoned Centre Use, the site provides outstanding flexibility for a wide range of retail, commercial or mixed-use outcomes. Supported by strong surrounding amenity, proximity to Logan Central's town centre, and excellent connectivity to major transport infrastructure, the property is ideally positioned to capitalise on future growth and intensification.
This is a rare opportunity to secure a large-scale freehold asset with in-place income, short-term development flexibility, and substantial long-term upside in a tightly held growth corridor.
Key Features:
• 4,981sqm* total building area across five (5) buildings
• 14,300sqm* strategic landholding in the heart of Logan Central
• Underperforming large format retail centre with value-add potential
• Potential net return in excess of $1,500,000 per annum
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Property Details for 116-118 Wembley Rd, Logan Central

Building Type
Commercial
Floor Size
4981m2
Land Size
14300m2
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About Logan Central 4114

The size of Logan Central is approximately 2.9 square kilometres. There are 13 parks, covering nearly 12.2% of the total area. The population of Logan Central in 2016 was 5945 people. By 2021 the population was 6210 showing a population growth of 4.5% in the area during that time. The predominant age group in Logan Central is 10-19 years. Households in Logan Central are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Logan Central work in a labourer occupation.In 2021, 34.80% of the homes in Logan Central were owner-occupied compared with 38.30% in 2016.

Logan Central has 2,634 properties. Over the last 5 years, Houses in Logan Central have seen a 134.01% increase in median value, while Units have seen a 210.80% increase. As at 31 July 2026:

  • The median value for Houses in Logan Central is $794,023 while the median value for Units is $561,988.
  • Houses have a median rent of $600 while Units have a median rent of $440.
There are currently 29 properties listed for sale, and 26 properties listed for rent in Logan central on OnTheHouse. According to Cotality's data, 131 properties were sold in the past 12 months in Logan central.

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Jamie Davey
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Ray White Marsden
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