1242 Sandgate RoadNundah QLD 4012
Property Details for 1242 Sandgate Rd, Nundah
Last Listing description (September 2024)
RWC Queensland alongside Allom Property are proud to present a fully leased freestanding asset in the heart of thriving Nundah Village.
Situated in a highly sought-after location, this property is conveniently positioned on Sandgate Road, providing excellent exposure and easy access for both clients and employees. With its close proximity to major transport links, including the nearby Nundah Train Station and bus stops. A true set and forget asset as the current owner enjoys substantial holding income through till 30 June 2026 across two NDIS tenancies.
Property features:
238 sqm of land
Rear Car Parking
Net holding income of $192,107.51
Two separate tenancies through till 30 June 30 2026
Help Enterprises also have 2 x 3 year options
Strong Bonds & Securities in place
Location Features:
250m* from Nundah Train Station
200m* from Woolworth's shopping complex
Immediate vicinity to multiple eatery, entertainment and shopping proprietors
15* mins via car to Brisbane CBD
9* mins via car to the Brisbane Airport
4* mins to Highway access North & South bound
For a confidential discussion or inspection please do not hesitate to speak to your exclusive marketing agents: Brocke 0466 599724 or Bruce on 0411 421 709
Property History for 1242 Sandgate Rd, Nundah, QLD 4012
- 15 Apr 2024Sold for $2,550,000
- 21 Feb 2024Listed for Sale Contact Agent
- 29 May 2023Listed for Rent - Price not available
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About Nundah 4012
The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2011 was 10,386 people. By 2016 the population was 12,150 showing a population growth of 17.0% in the area during that time. The predominant age group in Nundah is 20-29 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation. In 2011, 43.8% of the homes in Nundah were owner-occupied compared with 40% in 2016.
Nundah has 8,322 properties. Over the last 5 years, Houses in Nundah have seen a 65.46% increase in median value, while Units have seen a 79.77% increase. As at 31 August 2024:
- The median value for Houses in Nundah is $1,146,055 while the median value for Units is $653,507.
- Houses have a median rent of $600 while Units have a median rent of $550.
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