1/10 Torres CrescentNorth Lakes QLD 4509
Property Details for 1/10 Torres Cres, North Lakes
Last Listing description (May 2022)
JLL have the exclusive pleasure of offering Unit 2 / 10 Torres Crescent, North Lakes to the market For Sale.
Features of the opportunity include:
- Brand new 848sqm* corporate office / warehouse
- Securely leased until October 2024 with options to 2029
- Leased to the well-established tenant, trading for 20 years
- Returning $118,720 pa (net)
- Strong review structure ensuring fixed income growth
- Tenant currently undertaking substantial fit-out
- 100% of the outgoings paid by the Lessee
- Secure Three (3) month Bank Guarantee
- Potential for significant depreciation benefits
- Located in the booming North Lakes Precinct one of Australia's fastest growing regions
For more information or to arrange an inspection, please contact the exclusive agents from JLL.
*Approx.
Property History for 1/10 Torres Cres, North Lakes, QLD 4509
- 16 Nov 2019Sold for $1,654,350
- 03 Oct 2019Listed for Sale $1,850,000
- 09 Jul 2019Listed for Rent - Price not available
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0About North Lakes 4509
The size of North Lakes is approximately 11.6 square kilometres. There are 54 parks, covering nearly 18.8% of the total area. The population of North Lakes in 2016 was 21671 people. By 2021 the population was 23030 showing a population growth of 6.3% in the area during that time. The predominant age group in North Lakes is 10-19 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation.In 2021, 59.10% of the homes in North Lakes were owner-occupied compared with 54.80% in 2016.
North Lakes has 9,235 properties. Over the last 5 years, Houses in North Lakes have seen a 87.31% increase in median value, while Units have seen a 118.07% increase. As at 31 July 2026:
- The median value for Houses in North Lakes is $1,137,537 while the median value for Units is $853,880.
- Houses have a median rent of $690 while Units have a median rent of $650.
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