FOR SALE
$2,500,000+

6/249 Coronation Drive
Milton QLD 4064

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 567m2
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613 SQM MU1 ZONING - YOUR CHOICE FOR COMMERCIAL OR RESIDENCE

Constructed in 1888-89 for Joseph Blain Cook, this dual-entrance 613 SQM stunning heritage-listed building boasts phenomenal panoramic views across the Brisbane River, and a flexible floorplan to suit any number of business or personal real estate endeavours.
Previously a prestigious rental property to many prominent citizens and even a politician, the remarkable location of this prime residence is highly desirable for restauranteurs, business owners, lucrative investors, or buyers looking to create their own personal paradise.
Zoned as MU1 code - MIXED USE to provide for a variety of uses and
activities, including, for example, BUSINESS, RETAIL, SERVICE INDUSTRY, TOURIST ACCOMMODATION or LOW IMPACT INDUSTRIAL USES or GORGEOUS EXECUTIVE RESIDENCE.
Main features:
- Iconic heritage-listed building constructed in the late 1800s with original ornate features
- Encapsulating panoramic views across the Brisbane River through wrap-around glass windows
- Prominent corner position at Coronation Dr and Park Rd, seconds to buses and city cat ferry!
- Multi-functional space: perfect for restaurants, most recently used as expansive office space
- Six restrooms can easily turn into SIX BATHROOMS.
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Property Details for 6/249 Coronation Dr, Milton

Building Type
Commercial
Floor Size
567m2

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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 2,853 properties. Over the last 5 years, Houses in Milton have seen a 32.67% increase in median value, while Units have seen a 29.05% increase. As at 30 September 2024:

  • The median value for Houses in Milton is $1,505,035 while the median value for Units is $628,826.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 30 properties listed for sale, and 40 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Milton.

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Jackson Chow
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LJ Hooker Property Partners - Sunnybank Hills and Mount Gravatt
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