FOR SALE
Expression Of Interest

37 Stokes Street
Edmonton QLD 4869

Bedrooms: -
Bathrooms: -
Car spaces: 17
Floor area: 1508m2
Land area: 1508m2
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Exceptional Commercial Investment with Development Potential | 1,508m² Allotment

Proudly brought to the market by The Murphy Team, this expansive freehold commercial property at 37 Stokes Street, Edmonton presents a rare investment opportunity with substantial growth potential. Spanning a 1,508m² allotment, the property offers 447m² under roof and is currently tenanted by a long-standing, successful swim school that incorporates health and fitness classes.
There is significant upside to this investment, with an additional split tenancy option available at the rear of the property. This space includes a 171.6m² covered court previously used for mixed martial arts, and a 105m² storage area/workshop, formerly utilized as a panel beaters.
Property Breakdown:
- 447m² under roof
- 17 on-site car parks with ample curbside parking
- Prime location on a major service route with strong vehicular exposure
- Well-appointed male and female amenities servicing both the pool and gymnasium
- 105m² storage area/workshop
- 171.6m² covered court
- Long-standing tenant
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Property Details for 37 Stokes St, Edmonton

Building Type
Commercial
Floor Size
1508m2
Land Size
1508m2

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About Edmonton 4869

The size of Edmonton is approximately 20.5 square kilometres. It has 29 parks covering nearly 4.9% of total area. The population of Edmonton in 2011 was 9,933 people. By 2016 the population was 10,762 showing a population growth of 8.3% in the area during that time. The predominant age group in Edmonton is 0-9 years. Households in Edmonton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edmonton work in a trades occupation. In 2011, 61% of the homes in Edmonton were owner-occupied compared with 61.1% in 2016.

Edmonton has 4,840 properties. Over the last 5 years, Houses in Edmonton have seen a 72.97% increase in median value, while Units have seen a 81.55% increase. As at 31 August 2024:

  • The median value for Houses in Edmonton is $575,732 while the median value for Units is $262,736.
  • Houses have a median rent of $570 while Units have a median rent of $400.
There are currently 41 properties listed for sale, and 14 properties listed for rent in Edmonton on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Edmonton.

Suburb Insights for Edmonton 4869

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Contact agent
David Murphy
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Ray Murphy
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Ray White Cairns
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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.