FOR SALE
$725,000 Negotiable

1/31 Black Street
Milton QLD 4064

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 164m2
Land area: 164m2
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Inner City Commercial Opportunity

Take advantage of this prime opportunity in Central Milton with this 164m2 light to medium industrial space, perfectly positioned at the doorstep of the city. Boasting immediate benefits including excellent signage and exposure, 2 dedicated car spaces, air conditioning, and a highly adaptable interior layout suitable for a wide range of potential occupants. Its long-term investment value is underscored by its proximity to the CBD and minimal competition in the area. Newly refurbished foyer and boardroom facilities offer a professional setting for immediate business operations. The motivated owner, having already secured alternative arrangements, invites offers for this promising property.
• 164m2 Corporate Grade Office
• 2 exclusive car spaces with additional on site shared parking
• Currently leased
• Perfect for Investor/owner occupier business

Property Details for 1/31 Black St, Milton

Building Type
Commercial
Floor Size
164m2
Land Size
164m2

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About Milton 4064

The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2011 was 1,987 people. By 2016 the population was 2,289 showing a population growth of 15.2% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation. In 2011, 34.9% of the homes in Milton were owner-occupied compared with 36.3% in 2016.

Milton has 2,843 properties. Over the last 5 years, Houses in Milton have seen a 49.01% increase in median value, while Units have seen a 17.99% increase. As at 31 July 2024:

  • The median value for Houses in Milton is $1,633,169 while the median value for Units is $576,765.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 29 properties listed for sale, and 48 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Milton.

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Kamar Bal
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Ray White Acacia Ridge
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