48/223 Padstow Road, Eight Mile Plains, QLD 4113 sold on 17 February 2026 | OnTheHouse
 
SOLD
Sold on 17 Feb 2026 for $4,880,000

48/223 Padstow Road
Eight Mile Plains QLD 4113

Bedrooms: -
Bathrooms: -
Car spaces: 42
Floor area: 918m2
Land area: 912m2
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This property is currently on the market
Eight Mile Plains QLD 48/223 Padstow Road 912m2 Function and Restaurant Centre - For Lease
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Property Details for 48/223 Padstow Rd, Eight Mile Plains

Building Type
Commercial
Year Built
2002
Floor Size
918m2
Land Size
912m2
Local Government
Brisbane
Lot/Plan
48/SP157131

Last Listing description (March 2026)

Eight Mile Plains QLD 48/223 Padstow Road 912m2 Function and Restaurant Centre - For Lease

Eight Mile Plains QLD 48/223 Padstow Road

Key detail:

* Address 48/223 Padstow Road, Eight Mile Plains 4113
* Site area 912m2
* Restaurant; conference room; 46 Exclusive onsite car parking
* RPD Lot 48 SP157131
* Access Shared 10.31m access from Padstow Road
* Servicing Accessed from Warrigal Road
* DA Approval: Motel, Restaurant, and convention centre
* Common property Lot 0 on SP157131
* Applicable planning scheme City Plan 2014 v25

Detail:
This impressive commercial building is located in a prime location at Eight Mile Plains, prominently positioned on a major intersection with significant daily passing traffic and exposure. The property boasts a basement with 24 car bays and outdoor parking with an additional 22 car bays. It is currently set up as a restaurant with a commercial kitchen and an accommodate functions and weddings for up to 500+ people. The building is in a central location, opposite the popular Bella's Fruit market shopping centre.
Fully fitted out Commercial Kitchen and Bar

Grease Trap
Lessee responsible for 100% of outgoings

Internal amenities, managers office, cold rooms/freezers, and storage rooms.

Location and advantage :

The site is well located along Padstow Road (Suburban Road typology) within the suburb of Eight Mile Plains. The immediate area largely characterised by low - medium density
residential with community uses and small scale commercial interspersed. The entrance to
the M1 is located in close proximity (1.3km) from the site and is within 3km of Westfield
Mount Gravatt and Sunnybank Plaza centres.

Price: Contact agent
Inspection: By appointment
Address:48/223 Padstow Road Eight Mile Plains QLD
Contact:
Conan Li 0404 617 767 / 073373 9887
Email: conan.li@yong.com.au

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein

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Property History for 48/223 Padstow Rd, Eight Mile Plains, QLD 4113

A timeline of how this property has performed in the market
Last Sold
$4,880,000
17 Feb 2026
Listed for Rent
$6.90k/w
30 Apr 2025
  • 18 Feb 2026
    Listed for Rent - Price not available
  • 17 Feb 2026
    Sold for $4,880,000
  • 12 Nov 2024
    Listed 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 6,410 properties. Over the last 5 years, Houses in Eight Mile Plains have seen a 105.79% increase in median value, while Units have seen a 114.30% increase. As at 30 April 2026:

  • The median value for Houses in Eight Mile Plains is $1,664,506 while the median value for Units is $885,490.
  • Houses have a median rent of $800 while Units have a median rent of $675.
There are currently 39 properties listed for sale, and 8 properties listed for rent in Eight mile plains on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Eight mile plains.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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