3/18-20 Prospect PlaceBerrinba QLD 4117
Property Details for 3/18-20 Prospect Pl, Berrinba
Last Listing description (March 2018)
The quality of this property and its size is very rare and unique in this booming commercial corridor.
Berrinba is fast becoming a very attractive commercial area for businesses of all sizes. Due to its strategic location and close proximity to all major arterials, Berrinba has established itself as a central business hub to the Brisbane, Logan, Gold Coast and Ipswich areas.
This unit is only 2 mins from the Logan Motorway and Wembley Road interchange which is scheduled to benefit from a major road upgrade improving access to all areas of Brisbane. The Port of Brisbane is only 30min drive, Airport 35min and CBD 25min. See attached document.
With a long term quality tenant in place on a 5+5 year lease agreement, this commercial property is an ideal investment. Currently returning 6.3% $46,044 plus GST and Outgoings with a CPI or minimum 3.0% increase May 2018 to $47,425 @ 6.5% return. There is a 5 year option starting May 2019 with lease rates being reviewed to market. Property will be sold as a 'Going Concern' and is not subject to GST.
Property Attributes:
* 201m2 (approx) office/boardroom on two levels and remaining 200m2 (approx) of warehouse all council approved
* Located in Berrinba commercial precinct
* Security alarm in place plus remote security gate
* 4 allocated car parks complimented by additional common area car parking
* Outgoings limited to body corporate and council rates
* Fantastic truck access
* Air conditioned offices and showroom over two levels
* Excellent internal height
* Office has suspended ceiling
* 3 phase power
* Own internal amenities including 2 bathrooms
* Phone and data cabling
Property History for 3/18-20 Prospect Pl, Berrinba, QLD 4117
- 20 Nov 2017Sold for $665,000
- 20 Jul 2017Listed for Sale $725,000 Negotiable
- 24 Aug 2014Listed for Sale $44,440 PA + GST + OGS / $649,000
Recent sales nearby
See more recent sales nearby/assets/perm/cnnmdqjfiui65iz4ruzhzi5wba?signature=3e91144b23648d257fea09cfbff1020d512269d1baf4a295428bd583529eb416){kind=logo}
0/assets/perm/dvrrtga52yi6piebnp5ryhqyma?signature=c9895c43ffa4b278d41065d54d9e086773fa485450bc65d08b17558742220fd9){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Berrinba 4117
The size of Berrinba is approximately 5.9 square kilometres. The population of Berrinba in 2016 was 1345 people. By 2021 the population was 2615 showing a population growth of 94.4% in the area during that time. The predominant age group in Berrinba is 0-9 years. Households in Berrinba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Berrinba work in a community and personal service occupation.In 2021, 51.00% of the homes in Berrinba were owner-occupied compared with 62.50% in 2016.
Berrinba has 967 properties. Over the last 5 years, Houses in Berrinba have seen a 114.32% increase in median value, while Units have seen a 129.92% increase. As at 30 April 2026:
- The median value for Houses in Berrinba is $959,484 while the median value for Units is $783,625.
- Houses have a median rent of $650 while Units have a median rent of $340.
Suburb Insights for Berrinba 4117
Market Insights
Berrinba Trends for Houses
N/A
N/A
View TrendN/A
N/A
Berrinba Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
