FOR SALE
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191 Waller Road
Regents Park QLD 4118

Bedrooms: -
Bathrooms: -
Car spaces: 41
Floor area: 902m2
Land area: 3223m2
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FREEHOLD RETAIL MULTI TENANTED INVESTMENT

? Net lettable area - 902m²
? Large prime 3,223m² allotment with massive 70m* wide frontage
? Net income estimate of $462,031.92 p.a. + GST
? Long leases with strong annual increases
? 7 Tenants in place
? Prime location in tightly held area
? 41 On-site car parks
? CCTV surveillance with app capabilities
? Pylon signage
? Extensive data network connections throughout
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Property Details for 191 Waller Rd, Regents Park

Building Type
Commercial
Floor Size
902m2
Land Size
3223m2

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About Regents Park 4118

The size of Regents Park is approximately 4.8 square kilometres. It has 18 parks covering nearly 15% of total area. The population of Regents Park in 2011 was 10,657 people. By 2016 the population was 10,927 showing a population growth of 2.5% in the area during that time. The predominant age group in Regents Park is 0-9 years. Households in Regents Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Regents Park work in a trades occupation. In 2011, 69.5% of the homes in Regents Park were owner-occupied compared with 70.7% in 2016.

Regents Park has 3,929 properties. Over the last 5 years, Houses in Regents Park have seen a 96.18% increase in median value, while Units have seen a 98.86% increase. As at 31 August 2024:

  • The median value for Houses in Regents Park is $815,831 while the median value for Units is $564,405.
  • Houses have a median rent of $580 while Units have a median rent of $355.
There are currently 42 properties listed for sale, and 11 properties listed for rent in Regents park on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Regents park.

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Annabel Salcedo
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Ray White Commercial Springwood
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