13/59-63 Eastern RoadBrowns Plains QLD 4118
Property Details for 13/59-63 Eastern Rd, Browns Plains
Last Listing description (August 2023)
Ray White Industrial Southwest is pleased to offer 13/59-63 Eastern Road, Browns Plains to the market via Offers to Purchase.
This recently recently refurbished tilt panel facility has over three years remaining on its lease term to a well known national tenant, Albury Wodonga Community College. The tenant has recently done a complete renovation of the space with the space being equipped with a high end custom fit out as they look to open the college in the coming weeks. The tenant has also recently received a licensed education provider for the building showing their strong commitment to the facility long term.
Features include:
Net Income: $123,600 as of 1st of July
Lease Term: 3.5 years remaining on lease (approx.)
Increases: 3%
Building Area: 933m2
19 car parks available
National Covid proof tenant
Tilt panel asset
Opportunities like this rarely become available in the current market with this offering investors a hands off, low risk and exceptional return on their investment.
For more information contact Ray White Commercial Southwest.
Property History for 13/59-63 Eastern Rd, Browns Plains, QLD 4118
- 27 Jul 2022Sold for $2,585,000
- 25 Jul 2022Listed for Rent - Price not available
- 19 May 2021Listed for Sale Contact Agent
Recent sales nearby
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0About Browns Plains 4118
The size of Browns Plains is approximately 4.5 square kilometres. It has 23 parks covering nearly 13.9% of total area. The population of Browns Plains in 2016 was 6309 people. By 2021 the population was 6632 showing a population growth of 5.1% in the area during that time. The predominant age group in Browns Plains is 20-29 years. Households in Browns Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Browns Plains work in a machinery operators and drivers occupation.In 2021, 50.30% of the homes in Browns Plains were owner-occupied compared with 51.40% in 2016.
Browns Plains has 3,185 properties. Over the last 5 years, Houses in Browns Plains have seen a 141.35% increase in median value, while Units have seen a 174.25% increase. As at 31 December 2025:
- The median value for Houses in Browns Plains is $876,629 while the median value for Units is $684,981.
- Houses have a median rent of $580 while Units have a median rent of $570.
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