48-50 Magnesium Drive, Crestmead, QLD 4132 | Property Value & History | OnTheHouse
OFF MARKET

48-50 Magnesium Drive
Crestmead QLD 4132

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3689m2
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Property Details for 48-50 Magnesium Dr, Crestmead

Building Type
Commercial
Land Size
3689m2
Local Government
Logan City
Lot/Plan
2/SP191132

Last Listing description (December 2021)

-First time ever to market
-Same business since construction
-5 Year Lease till October 2023 with options

-Returning $182,000 + outgoings + GST
-8 metre internal clearance Warehouse accessed by 4 roller doors
-1443m2 Clear span Warehouse 82 m2 office and amenities-Total 1525m2
-Fitted with two 10 tonne Gantry Cranes....
-Fully secure Medium Impact industrial site..
-Contact exclusive agent Jaems Balfour for details

All items are approximate

Crestmead is one of Logan Largest Industrial suburbs, offering ideal Logistical access just minutes to the Logan Motorway. The estate offers large power supply , gas and 23 metre wide roads it is home to some of Australias largest household names including Metcash, Kennards , John Deere and Penrite Oil.


Rising development through the area continues to draw businesses to its ideal position to Service Brisbane the Gold Coast and the Western Corridor.

Property History for 48-50 Magnesium Dr, Crestmead, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$4,000,000
20 Jul 2023
  • 20 Jul 2023
    Sold for $4,000,000
  • 13 Aug 2020
    Sold for $2,487,500
  • 25 Feb 2020
    Listed for Sale Offers to purchase
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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 4,465 properties. Over the last 5 years, Houses in Crestmead have seen a 147.21% increase in median value, while Units have seen a 139.79% increase. As at 31 December 2025:

  • The median value for Houses in Crestmead is $811,022 while the median value for Units is $752,876.
  • Houses have a median rent of $580 while Units have a median rent of $488.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Crestmead on OnTheHouse. According to Cotality's data, 211 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.