1/2728 Logan RoadEight Mile Plains QLD 4113
Property Details for 1/2728 Logan Rd, Eight Mile Plains
Last Listing description (October 2024)
Fully Leased Commercial Investment (52%* Medical/Healthcare)
The Eight Mile Plains / Mount Gravatt area is one of South East Queensland's most highly sought after commercial office locations, with many large companies choosing to locate their businesses there to achieve convenient access to Brisbane's major arterial road network.
Freeway Office Park is strategically located at the Southern meeting point of Brisbane's largest arterial roads; the M1 (Pacific Motorway), the Gateway Motorway and the Logan Motorway. Freeway Office Park is 15 minutes* from Brisbane's CBD, 50 minutes* from the Gold Coast and 20 minutes* from the Brisbane Airport.
- 3.5 kilometres* to Westfield Mt Gravatt and close to schools, universities, sporting facilities, and bush reserve.
- 1,863m* land area.
- 1,429m* NLA A-Grade office building.
- 50 car parking bays (36 basement, 14 open on-grade) providing an exceptional ratio of 1:28.5m* NLA.
- 100% leased with a 5.5 year* WALE by income (as at 01 October 2024).
- 52%* of income underpinned by Medical/Healthcare tenants including Autologous Stem Cell Technology, NBRYO, ADC Warriors Academy, and Abbott Medical Australia.
- $912,883* per annum Net Operating Income (as at 01 October 2024).
- Multi-tenanted building with eight strong covenant tenants, providing a diverse income stream and defensive cash flow.
- New fit outs and full disability compliant facilities.
- Landlord friendly net leases including bank guarantees, personal guarantees, CPI increases.
For Sale via Private Treaty.
*Approximately
Property History for 1/2728 Logan Rd, Eight Mile Plains, QLD 4113
- 09 Aug 2024Listed for Sale For Sale via Private Treaty
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0About Eight Mile Plains 4113
The size of Eight Mile Plains is approximately 7.8 square kilometres. There are 31 parks, covering nearly 16.0% of the total area. The population of Eight Mile Plains in 2016 was 15322 people. By 2021 the population was 15326 showing a population growth of 0.0% in the area during that time. The predominant age group in Eight Mile Plains is 30-39 years. Households in Eight Mile Plains are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eight Mile Plains work in a professional occupation.In 2021, 62.50% of the homes in Eight Mile Plains were owner-occupied compared with 62.80% in 2016.
Eight Mile Plains has 6,414 properties. Over the last 5 years, Houses in Eight Mile Plains have seen a 84.53% increase in median value, while Units have seen a 114.82% increase. As at 31 July 2026:
- The median value for Houses in Eight Mile Plains is $1,604,563 while the median value for Units is $914,481.
- Houses have a median rent of $820 while Units have a median rent of $680.
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