56 Flinders ParadeNorth Lakes QLD 4509
Property Details for 56 Flinders Pde, North Lakes
Last Listing description (February 2023)
Burgess Rawson, MMJ Real Estate (Melbourne) Pty Ltd & Investwise Property are pleased to offer to the market, Officeworks, North Lakes QLD for sale via Private Treaty.
The property has the following investment highlights:
+ Leased to Officeworks until September 2027 plus options to 2047
+ 4,029sqm* gateway corner site with 57 at-grade car spaces
+ Bunnings, Costco, McDonald's, Reece, 7-Eleven, Taco Bell, ARB, Petbarn, Yamaha, Total Tools, Repco, Jaycar, Hill Top Shopping Centre within 1km*
+ Captive office and school supply markets with 35,460 workers and 20,938 full-time students within 5km (1)
+ Booming growth corridor location, with population forecast to jump by 45% by 2041 (2)
+ Strong growth with annual fixed 2.5% rent increases
+ Built in 2017 with significant depreciation benefits, 59% of year 1 potentially rent tax deductible (3)
+ Rare sub-$10 million Wesfarmers investment
+ Net Income: $372,936 pa* + GST
To be sold by Private Treaty
1. GapMaps
2. Moreton Bay Regional Council
3. JM Advisory
Burgess Rawson Agents
Raoul Holderhead 0413 860 304
Neville Smith 0400 068 205
Beau Coulter 0413 839 898
Billy Holderhead 0422 817 696
MMJ Real Estate (Melbourne) Pty Ltd Agents
Joel Wald 0412 352 252
Investwise Agents
Cameron Kay 0427 007 009
Property History for 56 Flinders Pde, North Lakes, QLD 4509
- 18 Jan 2023Sold for $6,500,000
- 10 Nov 2022Listed for Sale $7,000,000
- 23 Jan 2017Sold for $7,093,833
Recent sales nearby
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0About North Lakes 4509
The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of 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 9,232 properties. Over the last 5 years, Houses in North Lakes have seen a 105.53% increase in median value, while Units have seen a 112.71% increase. As at 31 December 2025:
- The median value for Houses in North Lakes is $1,085,805 while the median value for Units is $746,458.
- Houses have a median rent of $675 while Units have a median rent of $615.
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