8/12 Discovery DriveNorth Lakes QLD 4509
Property Details for 8/12 Discovery Dr, North Lakes
Last Listing description (January 2025)
Highly Recommended!
Location: Ground Floor
Area: 63.5 m2, approximately.
Car Parks: Total 135 approx.
Benefiting from 4 street frontages
Close proximity to "Westfield: North lakes
Internal Design: Professional fitout including: Reception area, three (3) occupational rooms and kitchenette
Freshly painted throughout, new flooring, tinted glass front panel doors
Air-conditioning throughout.
Lease + Options = 4 +3 +3 years from February 2022. Review to Market every 3 years after first term.
Annual 4.0% Increases
Rental: $23,101.92 nett per annum + GST
Uplift: We see potential increases upon market review at the end of the initial term for further capital appreciation
Why you should consider this property as your first or next investment property: Read on..
BENEFITS
The tenant comes "Highly Recommended" has an excellent track record [payment on time ] over these last 2 years. Highly qualified in the Beauty / Cosmetic industry.
This property is part of a "LANDMARK" development in the successful business precinct of North Lakes .Offering Tenants of a mix use, under the "Mango Hill Development Control Plan"
The combined Evergreen & Wellness Centres have generous Signage ; Internal ,external , pylon & illuminated signs.
On Site Cafs and licenced Restaurant 'for owners, tenants, and client's convenience.
With a cross section of Professionals , Quasi Medical, Accountants , Dentists, Psychiatry , Insurance , Beauty & Skin Care, Body Spa , Wellness etc.
Convenient Location to the renowned "Westfield Town Centre " 3 Majors & 80 stores and adjoining other Major Retail, Brand names, Entertainment & Services of every description.
Assuring the security of this investment, now and the future .
Property History for 8/12 Discovery Dr, North Lakes, QLD 4509
- 10 Dec 2024Sold for $396,000
- 24 Oct 2024Listed for Sale Under Contract
- 15 Jan 2020Listed for Rent $22,800 / month
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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 9,231 properties. Over the last 5 years, Houses in North Lakes have seen a 105.91% increase in median value, while Units have seen a 121.76% increase. As at 30 April 2026:
- The median value for Houses in North Lakes is $1,173,303 while the median value for Units is $830,462.
- Houses have a median rent of $680 while Units have a median rent of $650.
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