Brisbane Southside Blog

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Who's On the Move and a Snapshot of Recent Transactions

73 Factory Road, Oxley

SOLD at Auction

Agent = Phil Bloor of Raine & Horne Commercial

Sale Price = $800,000

Sold to Investor

Building area on site = 350sqm approx.

Land Area = 5,413sqm

   

4/123 Muriel Ave, Moorooka

LEASED

Leased by Michael Cars and Paul Flego of Raine & Horne Commercial

Tenant = A local vinyl wrapping business

Lease term = 1 year with a 2 year option

Rental = $27,000 net per annum + GST

Building area = 243sqm

   

7 Veronica Street, Capalaba

SOLD

Agent: Colin Tucker – Raine & Horne Commercial Bayside 

Sale Price = $790,000

Sold to private investor.

  • 550sqm freestanding besser brick building on 1006sqm block
  • Tenanted Investment
  • Two separate tenancies 216sqm & 336sqm
   

7/37-41 Spine Street, Sumner

SOLD

Sold by Adam Horie of Raine & Horne Commercial

Sale Price = $605,000

Building Area = 450sqm

Purchased by a Private Investor

   

7/256 Musgrave Road, Coopers Plains

LEASED

Leased by Michael Cars from Raine & Horne Commercial

Building area = 295sqm office / warehouse

Leased to Trades College Australia

Rent = $30,532.50 net per annum + GST

19 month lease

   

24 Spine Street, Sumner

SOLD

Sold by Adam Horie of Raine & Horne Commercial

Sale Price = $1,300,000

Sold to a Private Investor on a yield of 8.6%.

5 tenancies

1295sqm building and 2327sqm land area

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Why Raine & Horne Commercial?

Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.

The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.

Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.