1 Magnesium Drive, Crestmead, QLD 4132 sold on 01 July 2025 | OnTheHouse
SOLD
Sold on 01 Jul 2025 for $11,000,000

1 Magnesium Drive
Crestmead QLD 4132

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 26330m2
Land area: 13070m2
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Property Details for 1 Magnesium Dr, Crestmead

Building Type
Commercial
Floor Size
26330m2
Land Size
13070m2
Local Government
Logan City
Lot/Plan
363/SL11994

Last Listing description (June 2017)

The industrial real estate at Crestmead Industrial Estate is perfectly located for access to a skilled employment base, retail and finance facilities and Brisbane City. Industrial property for sale at this estate provides access to interstate and overseas markets via the Gateway Arterial road and the Port of Brisbane.
The estate borders Crestmead, Browns Plains and Marsden - the fastest growing residential sector in the Logan region. It is a mixed industrial estate in a fully serviced industrial area designed to service the manufacturing industry.
The estate provides:

* extra wide roads for easy access
* all services
* landscaped buffer zones
* 24 hour usage subject to relevant environmental approvals
* large sites
* immediate distribution links via two major highways enabling excellent access to freight distribution at Acacia Ridge, direct motorway access to Gold Coast, and access to rural Beaudesert.
There are 23 lots ranging from 1800 m2 to 2.6 hectares suitable for light to medium industry.

Property History for 1 Magnesium Dr, Crestmead, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$11,000,000
01 Jul 2025
  • 01 Jul 2025
    Sold for $11,000,000
  • 22 Feb 2013
    Listed for Sale Visit www.edq.qld.gov.au/industrial for pricing
  • 22 Feb 2012
    Listed for Sale Not Disclosed
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About Crestmead 4132

The size of Crestmead is approximately 6.8 square kilometres. It has 17 parks covering nearly 14.4% of total area. The population of Crestmead in 2016 was 12153 people. By 2021 the population was 12271 showing a population growth of 1.0% in the area during that time. The predominant age group in Crestmead is 0-9 years. Households in Crestmead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Crestmead work in a labourer occupation.In 2021, 52.70% of the homes in Crestmead were owner-occupied compared with 53.80% in 2016.

Crestmead has 4,463 properties. Over the last 5 years, Houses in Crestmead have seen a 142.73% increase in median value, while Units have seen a 134.45% increase. As at 30 November 2025:

  • The median value for Houses in Crestmead is $794,526 while the median value for Units is $710,295.
  • Houses have a median rent of $570 while Units have a median rent of $520.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Crestmead on OnTheHouse. According to Cotality's data, 209 properties were sold in the past 12 months in Crestmead.

Suburb Insights for Crestmead 4132

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.