38 Southgate AvenueCannon Hill QLD 4170
Property Details for 38 Southgate Ave, Cannon Hill
Last Listing description (April 2023)
Modern Office Investment underpinned by International Covenants
JLL and CBRE are pleased to exclusively present 38 Southgate Avenue, Cannon Hill. Offering a functional office asset located in Brisbane's most in demand & connected business park underpinned by international, listed tenant covenants.
Key benefits as follows;
Leased to listed, international tenants Compass Group (LSE:CPG) & Orica (ASX:ORI)
Located in SEQ's most connected business park Southgate Corporate Park
Net income of $1,608,843* plus GST with 5.07* year WALE
Generous on-grade and secure basement parking with 1:43 ratio
Energy efficient 5-Star NABERS rated building
*Approximately
Expressions of Interest closing Wednesday 14 September 2022 at 4pm.
Property History for 38 Southgate Ave, Cannon Hill, QLD 4170
- 15 Aug 2022Listed for Sale Please Contact Agent
- 05 Nov 2019Listed for Rent - Price not available
- 13 Feb 2017Listed for Sale Not Disclosed
Recent sales nearby
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0About Cannon Hill 4170
The size of Cannon Hill is approximately 3.8 square kilometres. It has 8 parks covering nearly 42.9% of total area. The population of Cannon Hill in 2016 was 5533 people. By 2021 the population was 6701 showing a population growth of 21.1% in the area during that time. The predominant age group in Cannon Hill is 30-39 years. Households in Cannon Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannon Hill work in a professional occupation.In 2021, 60.30% of the homes in Cannon Hill were owner-occupied compared with 65.10% in 2016.
Cannon Hill has 3,197 properties. Over the last 5 years, Houses in Cannon Hill have seen a 111.74% increase in median value, while Units have seen a 96.09% increase. As at 31 December 2025:
- The median value for Houses in Cannon Hill is $1,656,086 while the median value for Units is $838,929.
- Houses have a median rent of $820 while Units have a median rent of $660.
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