218 Padstow RoadEight Mile Plains QLD 4113
Property Details for 218 Padstow Rd, Eight Mile Plains
Last Listing description (June 2026)
Generational Brisbane Shopping Centre on 1.08ha Land
Ray White Retail are proud to present Eight Mile Plains Shopping Centre at 218 Padstow Road, Eight Mile Plains QLD. For sale by Expressions of Interest closing Monday 8 June 2026 at 2pm AEST.
|What|
Commanding 3,553sqm* Brisbane convenience based shopping centre
97%* leased with national brands including IGA, Chempro, Subway and Australia Post
Supported by longstanding specialties including an Asian grocer and 24/7 fruit market with a 40+ year tenure
Ultra convenient with 178 onsite car parks and four points of entry and exit
Passing Net Income of $1,491,933* + GST p.a.
Estimated Fully Leased Net Income of $1,560,249* + GST p.a.
|Where|
Sought after location on Brisbane's Southside, 15km* from the Brisbane CBD
Positioned between Sunnybank and Rochedale in an established southern growth corridor
Direct access to the Pacific Motorway, Gateway Motorway and Eight Mile Plains busway station
Servicing an established population of over 16,648* residents
The only major shopping centre within a 1.5km* radius
|Why|
Held for over 40 years and offered to the market for the first time ever
Large 1.08ha* corner landholding with 195m* of frontage to Padstow and Warrigal Roads
Rental uplift potential, with some rents as low as $222/sqm*
Dominant convenience based shopping centre supported by daily needs tenants and high parking convenience
Rare combination of secure income, irreplaceable land and future upside
*Approximately
Property History for 218 Padstow Rd, Eight Mile Plains, QLD 4113
- 11 May 2026Listed for Sale EOI Closing Monday 8/06/2026 at 2pm (AEST)
- 09 Feb 2022Listed for Rent $49,000 Gross + GST
- 26 Aug 2019Listed for Rent - Price not available
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About 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 6,436 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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