FOR SALE
$130,000

21 Miles Street
Clayfield QLD 4011

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CLAYFIELD - ASCOT – PREMIUM BUSINESS ONLY OPPURTUNITY

Discover two exceptional caretaking-only businesses available for purchase as a package. Nestled in the prestigious, sought-after suburbs of Clayfield and Ascot, these operations are simple to manage, offering low-maintenance duties and stable income.
- Prime Locations: Both complexes are situated in blue-chip Brisbane locations, just 8 minutes apart.
- Strong Management Agreements: Unexpired terms of 18 years and 23 years, providing long-term security and stability.
- Ideal for Operators: Whether you're looking to expand your current portfolio or seeking a solid, part-time standalone business, this opportunity is tailor-made for you.
- Attractive Financials: The combined Body Corporate Salary is $31,169 p.a. ex-GST (CPI adjusted) across 28 boutique units.
These well-maintained, high-quality complexes represent an exceptional portfolio opportunity in one of Brisbane's most prestigious areas. Genuine seller—open to all reasonable offers.
- Accommodation Module for both complexes
- 18 & 23 years remaining on agreements
- Body Corporate Salary: $31,169
- Strong ROI: 23.98%
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Property Details for 21 Miles St, Clayfield

Building Type
Commercial

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About Clayfield 4011

The size of Clayfield is approximately 2.8 square kilometres. It has 4 parks covering nearly 1.6% of total area. The population of Clayfield in 2011 was 10,006 people. By 2016 the population was 10,585 showing a population growth of 5.8% in the area during that time. The predominant age group in Clayfield is 30-39 years. Households in Clayfield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clayfield work in a professional occupation. In 2011, 52.6% of the homes in Clayfield were owner-occupied compared with 52.4% in 2016.

Clayfield has 6,334 properties. Over the last 5 years, Houses in Clayfield have seen a 70.85% increase in median value, while Units have seen a 77.59% increase. As at 31 August 2024:

  • The median value for Houses in Clayfield is $1,873,008 while the median value for Units is $638,851.
  • Houses have a median rent of $650 while Units have a median rent of $530.
There are currently 39 properties listed for sale, and 26 properties listed for rent in Clayfield on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Clayfield.

Suburb Insights for Clayfield 4011

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Malcolm O'Farrell
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Nathan Eades
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RAAS Property Group
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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.