32 Nestor Drive, Meadowbrook, QLD 4131 sold on 12 February 2025 | OnTheHouse
 
SOLD
Sold on 12 Feb 2025 for $3,480,000

32 Nestor Drive
Meadowbrook QLD 4131

Bedrooms: -
Bathrooms: -
Car spaces: 24
Floor area: 1100m2
Land area: 2000m2
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Property Details for 32 Nestor Dr, Meadowbrook

Building Type
Commercial
Floor Size
1100m2
Land Size
2000m2
Local Government
Logan City
Lot/Plan
20/RP843991

Last Listing description (April 2025)

RWC Southwest, as exclusive agents, are pleased to present 32-34 Nestor Drive, Meadowbrook to the market for sale.

This corporate tilt panel building offers a new 3+3 year lease term to a well established local tenant who has occupied the site for an extensive period of time. The property is currently under rented so there is ample opportunity for upside and growth in the current rental.

Features include;

850 sqm warehouse/showroom
250 sqm of office area
2,000 sqm of land area
3 x 3 x 3 year lease term
Returning $170,500 + outgoings + gst
Tilt panel construction
Qualified local tenant occupying property
Undermarket rental with future upside
Ability to split property into multi-tenanted asset
Access via container height roller door
Close proximity to major arterials

For more information or to arrange a private inspection, please contact the agents at RWC Southwest.

All items are approx.

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Property History for 32 Nestor Dr, Meadowbrook, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$3,480,000
12 Feb 2025
Listed for Rent
$2.47k/w
24 Nov 2017
  • 12 Feb 2025
    Sold for $3,480,000
  • 30 Jan 2025
    Listed for Sale Price on Application
  • 21 Jul 2017
    Listed for Rent - Price not available
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About Meadowbrook 4131

The size of Meadowbrook is approximately 5.7 square kilometres. It has 10 parks covering nearly 30.9% of total area. The population of Meadowbrook in 2016 was 3113 people. By 2021 the population was 3069 showing a population decline of 1.4% in the area during that time. The predominant age group in Meadowbrook is 30-39 years. Households in Meadowbrook are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meadowbrook work in a professional occupation.In 2021, 60.80% of the homes in Meadowbrook were owner-occupied compared with 58.40% in 2016.

Meadowbrook has 1,474 properties. Over the last 5 years, Houses in Meadowbrook have seen a 102.42% increase in median value, while Units have seen a 177.92% increase. As at 30 November 2025:

  • The median value for Houses in Meadowbrook is $911,262 while the median value for Units is $704,252.
  • Houses have a median rent of $645 while Units have a median rent of $270.
There are currently 10 properties listed for sale, and 17 properties listed for rent in Meadowbrook on OnTheHouse. According to Cotality's data, 63 properties were sold in the past 12 months in Meadowbrook.

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Jaems Balfour
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Lachie Hale
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RWC Southwest
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