275-283 Mc Dougall StreetGlenvale QLD 4350
Property Details for 275-283 Mc Dougall St, Glenvale
Last Listing description (December 2020)
The LJ Hooker Commercial QLD Investment Team are delighted to present the FKG Group's Australian Head Office to the market for sale via Expressions of Interest closing at 4pm on the 7th of October 2020.
Underpinned by a new 9-year lease to a multi award winning construction and engineering company in FKG, this asset offers the astute investor the rare opportunity to acquire a strategic landholding offering a diverse range of purpose built amenity including a corporate head office and a range of 'best in class' warehouse and hardstand facilities.
Features include:
- Leased to The FKG Group
- Triple net 9-year lease to 2029 with options until 2047
- Outgoings 100% payable by the tenant
- 2.5% annual increases assuring growth
- Gross floor area of 7,011m
- Strategic land holding comprising 3.5Ha
- Award winning corporate head office and warehouse facility
- 178 exclusive car parks
- NABERS Rating 3.5 Stars
Net Annual Income: $1,550,000* pa + GST
For further details, a copy of the information memorandum or to organise an exclusive inspection please contact Markus Eames or Daniel Cullinane of the LJ Hooker Commercial QLD Investment Team.
Property History for 275-283 Mc Dougall St, Glenvale, QLD 4350
- 17 Feb 2025Sold for $21,100,000
- 18 Sep 2020Sold for $23,000,000
- 03 Sep 2020Listed for Sale Expression of Interest
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0About Glenvale 4350
The size of Glenvale is approximately 14.6 square kilometres. It has 18 parks covering nearly 11.4% of total area. The population of Glenvale in 2016 was 6353 people. By 2021 the population was 8120 showing a population growth of 27.8% in the area during that time. The predominant age group in Glenvale is 20-29 years. Households in Glenvale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glenvale work in a professional occupation.In 2021, 54.00% of the homes in Glenvale were owner-occupied compared with 58.00% in 2016.
Glenvale has 4,207 properties. Over the last 5 years, Houses in Glenvale have seen a 104.62% increase in median value, while Units have seen a 155.23% increase. As at 30 April 2026:
- The median value for Houses in Glenvale is $865,978 while the median value for Units is $722,132.
- Houses have a median rent of $580 while Units have a median rent of $483.
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