880 Boundary RoadRichlands QLD 4077
Property Details for 880 Boundary Rd, Richlands
Last Listing description (June 2026)
RWC Collective is pleased to present this exceptional industrial opportunity located in the heart of Richland's thriving industrial precinct. Positioned along Boundary Road, this well-appointed facility offers a rare combination of quality improvements, generous hardstand, long-standing tenancy, and future development upside (STCA).
With low site coverage, specialised infrastructure, and favourable zoning, the property is ideally suited for investors seeking secure
income with strong growth potential.
Key Features:
2 x 3.2 tonne gantry cranes
1,660sqm of dedicated hardstand*
Approved paint spray booth
Approved wash bay & grease trap
Development upside at lease expiry (STCA)
Current Tenant: Occupying the site for 9+ years
Business subleasing internally to related entities at market rate
Low site coverage: 27.5%*
Lease Terms:
Lease Term: 3-year initial term from settlement
Options: 3-year option (12 months' notice required)
Security: 3 months' rent paid in advance + 3-month bond
Income Terms:
Annual Passing Net Income At Settlement:
$348,000* + Outgoings + GST
Annual Market Net Income:
$359,700* + Outgoings + GST
Tenant:
Height 4 Hire is Queensland's largest privately owned and operated supplier of access hire and scissor lift hire equipment.
Established in 2010, they have become well known in the hire industry for providing reliable, safe and well maintained equipment.
Property History for 880 Boundary Rd, Richlands, QLD 4077
- 29 May 2026Listed for Sale Contact Agent for Further Details
- 25 Mar 2026Sold for $6,500,000
- 29 Jan 2016Sold for $1,625,279
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0About Richlands 4077
The size of Richlands is approximately 5.0 square kilometres. There are 5 parks, covering nearly 8.0% of the total area. The population of Richlands in 2016 was 3598 people. By 2021 the population was 5621 showing a population growth of 56.2% in the area during that time. The predominant age group in Richlands is 20-29 years. Households in Richlands are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Richlands work in a professional occupation.In 2021, 26.30% of the homes in Richlands were owner-occupied compared with 31.70% in 2016.
Richlands has 3,084 properties. Over the last 5 years, Houses in Richlands have seen a 114.19% increase in median value, while Units have seen a 152.78% increase. As at 30 June 2026:
- The median value for Houses in Richlands is $1,027,271 while the median value for Units is $811,954.
- Houses have a median rent of $700 while Units have a median rent of $640.
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