OFF MARKET

104/640 Oxley Road
Corinda QLD 4075

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 64m2
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Property Details for 104/640 Oxley Rd, Corinda

Building Type
Commercial
Year Built
2016
Land Size
64m2
Local Government
Brisbane
Lot/Plan
104/SP285885

Last Listing description (July 2024)

This exciting commercial space at 640 Oxley Road has been successfully leased and is now available for sale, presenting a golden opportunity for savvy investors looking to add a valuable asset to their portfolio. Situated in the heart of Corinda's bustling retail and office precinct, this prime location offers endless potential for future growth and prosperity.

Investment Opportunity:
Secure Tenant: New tenant in place with a three-year lease term and options for an additional five years.

Rental Income: Base rent of $38,400 per annum plus GST, with 100% of outgoings covered by the tenant.
Fixed Annual Increase: 5% annual rent increase ensures stable growth and returns.

Why Invest in Corinda?
Corinda, just 8.8km from Brisbane's CBD, is a flourishing suburb renowned for its vibrant community and excellent connectivity. With its strategic location and diverse demographic, Corinda offers accessibility for both clients and employees alike. Joining the Corinda community means becoming part of a dynamic environment that fosters growth, innovation, and success.

Don't Miss Out!
Seize this rare opportunity to invest in Corinda's thriving precinct and secure a valuable asset with long-term growth potential. Contact us now to arrange a viewing and take the first step towards securing your financial future.

Contact Grant Turner at RWC on 0457 766 812 for more information.

Property History for 104/640 Oxley Rd, Corinda, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$525,000
07 Sep 2017
Listed for Rent
$671/w
08 Feb 2024
  • 03 Jun 2024
    Sold
  • 08 Apr 2024
    Listed for Sale Contact Marketing Agent
  • 24 Aug 2023
    Listed for Rent - Price not available
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About Corinda 4075

The size of Corinda is approximately 3 square kilometres. It has 17 parks covering nearly 20.4% of total area. The population of Corinda in 2011 was 4,695 people. By 2016 the population was 5,061 showing a population growth of 7.8% in the area during that time. The predominant age group in Corinda is 40-49 years. Households in Corinda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corinda work in a professional occupation. In 2011, 63.6% of the homes in Corinda were owner-occupied compared with 67.1% in 2016.

Corinda has 2,393 properties.

    There are currently 14 properties listed for sale, and 6 properties listed for rent in Corinda on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Corinda.

    Suburb Insights for Corinda 4075

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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.