10/58 Metroplex Avenue, Murarrie, QLD 4172 | Property Value & History | OnTheHouse
OFF MARKET

10/58 Metroplex Avenue
Murarrie QLD 4172

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 309m2
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Property Details for 10/58 Metroplex Ave, Murarrie

Building Type
Commercial
Year Built
2008
Land Size
309m2
Local Government
Brisbane
Lot/Plan
10/SP174063

Last Listing description (December 2022)

Burgess Rawson is pleased to offer to the market, 10/58 Metrolplex Avenue, Murarrie (Brisbane) QLD for sale via our Auction Investment Portfolio 157.

The property has the following investment highlights:

+ Fully leased commercial office investment leased to long term tenants - Paradigm Engineers and Master Plumbers

+ Brand new 4 year lease to late 2026 to Master Plumbers
+ 3 year WALE providing both security of tenure and future upside for the incoming purchaser
+ Highly desirable net leases with tenants paying 100% of outgoings excluding sinking fund
+ Annual rental increases of the greater of CPI or 4% (Master Plumbers) and fixed 3.5% (Paradigm Engineers)
+ Purpose built asset for two tenancies (one per level) each with their own parking, entry doors, services and amenities
+ Strategically located within 'Metroplex on Gateway' with a commanding position at the front of the complex
+ Murarrie: arguably Brisbane's best positioned business park adjacent to the Brisbane river and new CityCat Ferry Terminal
+ Outstanding access to the Gateway Motorway and in close proximity to Brisbane CBD 9km*, Brisbane Airport 7km* and Port of Brisbane
+ Net Income: $100,858 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 8 December 2022
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

Property History for 10/58 Metroplex Ave, Murarrie, QLD 4172

A timeline of how this property has performed in the market
Last Sold
$1,460,000
08 Oct 2024
Listed for Rent
$192/w
23 Sep 2022
  • 08 Oct 2024
    Sold for $1,460,000
  • 11 Jul 2024
    Listed for Sale $1,490,000 GST EXEMPT (Going concern)
  • 11 Jul 2024
    Listed for Rent - Price not available
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About Murarrie 4172

The size of Murarrie is approximately 9.4 square kilometres. It has 18 parks covering nearly 10.7% of total area. The population of Murarrie in 2016 was 4303 people. By 2021 the population was 4946 showing a population growth of 14.9% in the area during that time. The predominant age group in Murarrie is 30-39 years. Households in Murarrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murarrie work in a professional occupation.In 2021, 62.30% of the homes in Murarrie were owner-occupied compared with 62.80% in 2016.

Murarrie has 2,653 properties. Over the last 5 years, Houses in Murarrie have seen a 93.35% increase in median value, while Units have seen a 97.28% increase. As at 31 March 2026:

  • The median value for Houses in Murarrie is $1,415,320 while the median value for Units is $1,039,036.
  • Houses have a median rent of $740 while Units have a median rent of $720.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Murarrie on OnTheHouse. According to Cotality's data, 124 properties were sold in the past 12 months in Murarrie.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.