Magnesium DriveCrestmead QLD 4132
Property Details for Lot 31 Magnesium Dr, Crestmead
Last Listing description (May 2019)
Cushman & Wakefield, on behalf of the vendor, is pleased to present to the market 78-80 Platinum Street, Crestmead for sale. This A-grade industrial investment is located in the highly regarded Crestmead Industrial Estate in Brisbane's Southeast corridor.
The asset lies within very close proximity to all of Brisbane s major arterial network with near immediate access to the newly upgraded Logan Motorway and easy connectivity the Centenary, Ipswich and Gateway Motorway s allowing for service Brisbane, Ipswich & Gold Coast.
Investment Details:
- Nationally recognised tenant
- 1st July 2018 commencement date
- Secure 6 month's rental bank guarantee
- 3.5% annual increases & Depreciation benefits
Property Description:
- Newly constructed freestanding facility
- Highbay clearspan warehouse
- Ability for future building expansion
- A-grade corporate office
- 5 container height roller door access
- Additional all weather awning
Please contact Exclusive Marketing Agents at Cushman & Wakefield for Information Memorandum.
Property History for Lot 31 Magnesium Dr, Crestmead, QLD 4132
- 01 Mar 2016Listed for Sale Not Disclosed
Recent sales nearby
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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 4,460 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.
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