FOR SALE
Auction In-Rooms 27 November 2024

23 South Pine Road
Alderley QLD 4051

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 353m2
Land area: 543m2
Auction Time
Wed 27 Nov 11:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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FREESTANDING CORNER INVESTMENT OPPORTUNITY

• Multi-tenanted to a healthy mix of long term tenants
• Fully leased currently returning $108,837 pa net + o/g + GST
• 353sqm* Building on a prime 543sqm* corner site
• Prominently positioned near three of Brisbane's busiest arterial roads
• Future rental growth via annual increases + reviews to market
• Low maintenance & hassle free investment
• Flexible DC1 District Centre (District) zoning
• Close proximity to Alderley Train Station & Local Bus stops
• Instructions are clear ~ Will be sold!
For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.
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Property Details for 23 South Pine Rd, Alderley

Building Type
Commercial
Floor Size
353m2
Land Size
543m2

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About Alderley 4051

The size of Alderley is approximately 2.5 square kilometres. It has 11 parks covering nearly 26.2% of total area. The population of Alderley in 2011 was 5,680 people. By 2016 the population was 6,108 showing a population growth of 7.5% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation. In 2011, 58.1% of the homes in Alderley were owner-occupied compared with 56.2% in 2016.

Alderley has 3,384 properties. Over the last 5 years, Houses in Alderley have seen a 71.78% increase in median value, while Units have seen a 82.09% increase. As at 30 September 2024:

  • The median value for Houses in Alderley is $1,447,147 while the median value for Units is $685,437.
  • Houses have a median rent of $650 while Units have a median rent of $545.
There are currently 11 properties listed for sale, and 16 properties listed for rent in Alderley on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Alderley.

Suburb Insights for Alderley 4051

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Trent Bruce
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David Miller
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Raine & Horne Commercial Brisbane North
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.