2/42 Owen Creek Road, Forest Glen, QLD 4556 | Property Value & History | OnTheHouse
 
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2/42 Owen Creek Road
Forest Glen QLD 4556

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 296m2
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Property Details for 2/42 Owen Creek Rd, Forest Glen

Building Type
Commercial
Land Size
296m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/SP206252

Last Listing description (June 2021)

- Modern, neat industrial unit with ground floor warehouse & office + upper level office on mezzanine
- 221sq m* of ground floor warehouse and office
- Plus 70sq m* of office on mezzanine level

- Office are air conditioned and have some fit out (separated offices)
- Ground floor has kitchenette, bathroom, separate office and reception area
- Warehouse have high clearance ceiling perfect for pallet racking and storage
- Current tenant in place

Unit 2, 42 Owen Creek Road is located centrally at Forest Glen just off the Bruce Highway. The subject property fronts the Bruce Highway and has signage opportunities and great access to the entire Sunshine Coast & Greater Region.

The property is leased to a tenant that has been there for nearly 5 years and paying a rental of $36,886pa* + Outgoings + GST. The current lease expires 21st May 2021 with an agreement being finalised for a month to month lease, with each party giving 90 days notice to a new rental of $39,300pa* + Outgoings + GST (agreement yet to be signed off).

Therefore this property would suit either an investor taking the opportunity of renegotiating with the tenant to commit to longer lease or owner occupier.

For further information contact exclusive marketing agent Scott Gardiner on 0415 679 112 or email sgardiner@savils.com.au

(*Approx.)

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Property History for 2/42 Owen Creek Rd, Forest Glen, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$685,000
19 Apr 2021
Listed for Rent
$671/w
06 Sep 2016
  • 19 Apr 2021
    Sold for $685,000
  • 29 Mar 2021
    Listed for Sale $700,000 + GST (If Applicable)
  • 29 Jul 2016
    Listed for Rent $35,000 / year
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About Forest Glen 4556

The size of Forest Glen is approximately 7.2 square kilometres. It has 3 parks covering nearly 2.7% of total area. The population of Forest Glen in 2016 was 1390 people. By 2021 the population was 1657 showing a population growth of 19.2% in the area during that time. The predominant age group in Forest Glen is 70-79 years. Households in Forest Glen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Glen work in a professional occupation.In 2021, 82.40% of the homes in Forest Glen were owner-occupied compared with 79.70% in 2016.

Forest Glen has 972 properties. Over the last 5 years, Houses in Forest Glen have seen a 81.33% increase in median value, while Units have seen a 42.11% increase. As at 31 December 2025:

  • The median value for Houses in Forest Glen is $1,188,960 while the median value for Units is $994,196.
  • Houses have a median rent of $830.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Forest glen on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Forest glen.

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