FOR SALE
$465,000

Contact Agent For Address
Grange QLD 4051

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BUSINESS ONLY OPPORTUNITY - INNER BRISBANE

This Brisbane management rights is situated in the inner-northern suburb of Grange, within a highly desirable, upscale townhouse community.
The residential complex is nestled at the end of a quiet street, surrounded by leafy parkland and sporting fields. Wilston Village with popular cafes, restaurants, supermarkets and shops is within walking distance, as are local bus stops. Easy access to the Kedron Brook Bikeway adds further to the appeal, leading you all the way out to Nudgee Beach. Located within the Wilston State School catchment area, and only 6 km from the CBD.
Body Corporate salary of $52,000 (ex-GST) represents over 50% of Net Income, with salary increasing yearly by the greater of 3% or CPI.
Over 19 years remain on Management Agreements.
No Real Estate to purchase!
Modern, low maintenance complex with easy care gardens. No communal onsite facilities.
• No Pool
• No BBQ
• No Gate
• Simple duties - easily managed by one person.
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Property Details for Contact Agent For Address, Grange

Building Type
Commercial

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About Grange 4051

The size of Grange is approximately 1.8 square kilometres. It has 8 parks covering nearly 24.4% of total area. The population of Grange in 2011 was 4,163 people. By 2016 the population was 4,296 showing a population growth of 3.2% in the area during that time. The predominant age group in Grange is 40-49 years. Households in Grange are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grange work in a professional occupation. In 2011, 70.9% of the homes in Grange were owner-occupied compared with 74.1% in 2016.

Grange has 1,806 properties. Over the last 5 years, Houses in Grange have seen a 92.66% increase in median value, while Units have seen a 61.70% increase. As at 30 November 2024:

  • The median value for Houses in Grange is $1,865,886 while the median value for Units is $754,801.
  • Houses have a median rent of $775 while Units have a median rent of $460.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Grange on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Grange.

Suburb Insights for Grange 4051

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Jim Lowe
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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.