Brisbane Southside Blog

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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