FOR SALE
Auction In-Rooms 27 November 2024

11/49 Butterfield Street
Herston QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 302m2
Auction Time
Wed 27 Nov 12:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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QUALITY OFFICE/WAREHOUSE NEAR ROYAL BRISBANE HOSPITAL!

Raine & Horne Commercial are pleased to present to market for sale this strategically situated commercial premises.
Key Features:
• 302sqm* Refurbished Office / Warehouse
• Leased to long term tenant "Cleanworks" for past 7-8 years
• Currently returning below market rent $52,197*pa net + o/g + GST
• Fully A/C Offices + Clearspan warehouse accessed via container height electric roller door
• Additional bonus storage mezzanine
• Four (4) exclusive car parks with potential for up to 5 vehicles
• Adjoins new multi-level car park facility for additional bays
• Premium fringe location central to ICB, RBWH, inner-city and major thoroughfares
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Property Details for 11/49 Butterfield St, Herston

Building Type
Commercial
Floor Size
302m2

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About Herston 4006

The size of Herston is approximately 1.6 square kilometres. It has 6 parks covering nearly 48.2% of total area. The population of Herston in 2011 was 1,831 people. By 2016 the population was 2,216 showing a population growth of 21.0% in the area during that time. The predominant age group in Herston is 20-29 years. Households in Herston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Herston work in a professional occupation. In 2011, 42.3% of the homes in Herston were owner-occupied compared with 35.5% in 2016.

Herston has 1,125 properties. Over the last 5 years, Houses in Herston have seen a 63.36% increase in median value, while Units have seen a 74.32% increase. As at 30 September 2024:

  • The median value for Houses in Herston is $1,362,263 while the median value for Units is $801,366.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Herston on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Herston.

Suburb Insights for Herston 4006

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Trent Bruce
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Keelan Mylius
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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.