FOR SALE
$150,000

Contact Agent For Address
St Lucia QLD 4067

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OWNERS have instructed to sell, present offer.

Motivated owner looking to retire and liquidate quickly.
PROFITABLE, Long-established fast-food restaurant.
Average $50K income to part time working owner.
Ideal for someone who would like to start or expand their business with much lower setup costs than setting up a new business.
Strategically located on busy, High traffic location on main road at highly visible, corner site location.
Next to the University of Queensland - which is a major Australian university and receives significant funding from the Federal Government, constantly expanding with new faculties with approx. 50,000 student base.
Consistently profitable to part time working owner.
Has a long history of established and repeat clients.
Long term lease left. Negotiated 2 months December 21 and January 22 rent free period.
Opening hours – Open 7 Days from 11 am to 9.30 pm
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Property Details for Contact Agent For Address, St Lucia

Building Type
Commercial

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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. It has 36 parks covering nearly 19.4% of total area. The population of St Lucia in 2011 was 11,194 people. By 2016 the population was 12,586 showing a population growth of 12.4% in the area during that time. The predominant age group in St Lucia is 20-29 years. Households in St Lucia are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Lucia work in a professional occupation. In 2011, 41.9% of the homes in St Lucia were owner-occupied compared with 41.6% in 2016.

St Lucia has 5,573 properties. Over the last 5 years, Houses in St Lucia have seen a 67.11% increase in median value, while Units have seen a 67.33% increase. As at 31 October 2024:

  • The median value for Houses in St Lucia is $1,965,180 while the median value for Units is $800,783.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 59 properties listed for sale, and 53 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in St lucia.

Suburb Insights for St Lucia 4067

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Sanjay Agarwal
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.