FOR SALE
Under Contract

72 Mcdowall Street
Roma QLD 4455

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 433m2
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Premium Investment Opportunity - 72 McDowall Street, Roma QLD 4455

Here is your opportunity to invest in a prime commercial property located in Roma's bustling CBD. Offering an exceptional 8% annual return, this property is perfect for astute investors looking for a high-yield, low-maintenance asset with reliable tenancy and future growth potential.
Property Details:
• Land Size: 433 sqm
• Office Building Size: Approx 200 sqm
• Current Lease: Secured with a 12-month tenancy, plus 2 x 1-year options
• Outgoings: All covered by the tenant, minimizing owner expenses
This well-maintained office building boasts premium main street frontage, ensuring maximum exposure and excellent pedestrian and vehicle traffic. Whether you're looking for a steady return or a long-term capital gain, the location, situated in Roma's thriving commercial district, guarantees continued demand for years to come.
Recent upgrades ensure the building is up to modern standards, including an upgraded electrical circuit board and a fully functional air conditioning system, ensuring a comfortable and efficient working environment for the tenant. The property also features a spacious gravelled parking area at the rear, offering convenience for both employees and clients.
Additional Features:
• A fire-proof inbuilt safe adds a layer of security, making this property ideal for businesses requiring secure document or valuables storage.
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Property Details for 72 Mcdowall St, Roma

Building Type
Commercial
Floor Size
200m2
Land Size
433m2

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About Roma 4455

The size of Roma is approximately 78 square kilometres. It has 14 parks covering nearly 1.9% of total area. The population of Roma in 2011 was 6,905 people. By 2016 the population was 6,826 showing a population decline of 1.1% in the area during that time. The predominant age group in Roma is 0-9 years. Households in Roma are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Roma work in a trades occupation. In 2011, 57.2% of the homes in Roma were owner-occupied compared with 52.4% in 2016.

Roma has 4,103 properties. Over the last 5 years, Houses in Roma have seen a 43.71% increase in median value, while Units have seen a 24.60% increase. As at 30 September 2024:

  • The median value for Houses in Roma is $289,166 while the median value for Units is $228,262.
  • Houses have a median rent of $420 while Units have a median rent of $300.
There are currently 117 properties listed for sale, and 25 properties listed for rent in Roma on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Roma.

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