117 Grindle Road, Rocklea, QLD 4106 sold on 02 June 2025 | OnTheHouse
SOLD
Sold on 02 Jun 2025 for $35,000,000

117 Grindle Road
Rocklea QLD 4106

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 117 Grindle Rd, Rocklea

Building Type
Commercial
Local Government
Brisbane
Lot/Plan
20/SP182205

Last Listing description (December 2018)

Multi-Tenancy Investment

Cushman & Wakefield are delighted to offer 117 Grindle Road, Rocklea to the market for Sale.

This is a rare opportunity to acquire a multi-tenancy freehold investment in the traditional logistics hub of Rocklea.


Key features include;

- 20,465sqm total building area
- 8 individual tenancies ranging from 1,640sqm 2,800sqm
- Concrete tilt-panel construction
- 3,000sqm* all weather awning
- 7.2 9.2m internal roof height
- 1,200amp 3 phase power (1,000KVA*)
- Leased to established 3PL logistics tenant Independent Warehouse Logistics (IWL)
- Net annual return of $1,964,640 + GST
- Connectivity to major road networks

Strategically located just off the Ipswich Motorway, this property has unrivalled access to major transport arterials including the Pacific, Gateway & Logan Motorways connecting the Gold Coast, Sunshine Coast, Brisbane, Ipswich and Toowoomba.

For Sale via Expressions of Interest closing Thursday 1st November 2018.



Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 117 Grindle Rd, Rocklea, QLD 4106

A timeline of how this property has performed in the market
Last Sold
$35,000,000
02 Jun 2025
  • 26 Sep 2018
    Listed for Sale Contact Agent
  • 26 Jul 2013
    Listed for Rent $100m2 + GST + OGS
  • 04 Dec 2012
    Listed for Rent - Price not available
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About Rocklea 4106

The size of Rocklea is approximately 9.3 square kilometres. It has 22 parks covering nearly 13.8% of total area. The population of Rocklea in 2016 was 1595 people. By 2021 the population was 1672 showing a population growth of 4.8% in the area during that time. The predominant age group in Rocklea is 20-29 years. Households in Rocklea are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rocklea work in a professional occupation.In 2021, 49.80% of the homes in Rocklea were owner-occupied compared with 51.10% in 2016.

Rocklea has 1,453 properties. Over the last 5 years, Houses in Rocklea have seen a 101.07% increase in median value, while Units have seen a 99.67% increase. As at 30 November 2025:

  • The median value for Houses in Rocklea is $826,162 while the median value for Units is $648,200.
  • Houses have a median rent of $550 while Units have a median rent of $413.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Rocklea on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Rocklea.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.