670 Macarthur Avenue CENTRE, Pinkenba, QLD 4008 | Property Value & History | OnTheHouse
 
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670 Macarthur Avenue CENTRE
Pinkenba QLD 4008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 5577m2
Land area: 10360m2
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Property Details for 670 Macarthur Ave Centre, Pinkenba

Building Type
Commercial
Floor Size
5577m2
Land Size
10360m2
Local Government
Brisbane
Lot/Plan
1210/SP170814

Last Listing description (May 2023)

Cushman Wakefield and CBRE are please to present to the market a rare opportunity to purchase a wholly leased investment in the tightly held Eagle Farm/Pinkenba precinct.
Returning $767,083.43pa true net the subject property has the following key attributes;

- 5,577sqm total GFA across two buildings

- 10,360sqm total site area
- Leased to ASX listed Coventry Group and future ASX listed Reliance Worldwide (slated 2016)
- WALE of 3.53 years
- Strong review structure across both tenants of 3.5% and 3% per annum
- Modern tilt panel buildings providing further depreciation benefits

The property is located just 8 radial kilometres from the CBD with direct access to the Gateway Motorway, Brisbane Airport, Port of Brisbane and also forms an integral part of the Australian TradeCoast Precinct.

The property is being offered for sale VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 5TH MAY 2016 AT 5PM

For further details or to arrange an inspection please contact the exclusive agents, Edward Bull of CBRE and Michael Callow of Cushman & Wakefield.

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Property History for 670 Macarthur Ave Centre, Pinkenba, QLD 4008

A timeline of how this property has performed in the market
Last Sold
$16,200,000
28 Jun 2023
Listed for Rent
$230k/w
12 Oct 2023
  • 28 Jun 2023
    Sold for $16,200,000
  • 03 Feb 2021
    Listed for Rent - Price not available
  • 01 Aug 2019
    Listed for Rent - Price not available
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About Pinkenba 4008

The size of Pinkenba is approximately 15.8 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Pinkenba in 2016 was 368 people. By 2021 the population was 350 showing a population decline of 4.9% in the area during that time. The predominant age group in Pinkenba is 30-39 years. Households in Pinkenba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pinkenba work in a labourer occupation.In 2021, 71.00% of the homes in Pinkenba were owner-occupied compared with 55.70% in 2016.

Pinkenba has 602 properties. Over the last 5 years, Houses in Pinkenba have seen a 34.00% increase in median value, while Units have seen a 57.77% increase. As at 31 December 2025:

  • The median value for Houses in Pinkenba is $776,139 while the median value for Units is $870,128.
  • Houses have a median rent of $410.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Pinkenba on OnTheHouse. According to Cotality's data, 28 properties were sold in the past 12 months in Pinkenba.

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