FOR SALE
For Sale

88 Old Cleveland Road
Stones Corner QLD 4120

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
Land area: 408m2
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High-Exposure Mixed-Use Site

A rare mixed-use commercial and residential site, this versatile property rests on a high-exposure 408sqm lot, providing the perfect position for business owners or investors.
Featuring residential accommodation downstairs and business space upstairs, this high-income-producing asset presents an opportunity to lease, occupy, or convert to dual living.
The upper level is currently utilised as a commercial business space with three rooms, one bathroom, a living area and a kitchen, charging $450 per square metre with approximate returns of $36,000 per annum.
The lower level provides three bedrooms, one bathroom, a living area and a kitchen. With the ability to rent the entire floor or utilise as rooming accommodation, this level can generate returns of approximately $1200 per week and charges $300 per room.
Property features:
- Mixed-use commercial and residential site on 408sqm
- High-exposure position on Old Cleveland Road
- 220m to the Eastern Busway station
- 290m to Stones Corner Village precinct
- 1.3km to Coorparoo Square
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Property Details for 88 Old Cleveland Rd, Stones Corner

Building Type
Commercial
Floor Size
160m2
Land Size
408m2

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About Stones Corner 4120

The population of Stones Corner in 2011 was 8,564 people. By 2016 the population was 8,939 showing a population growth of 4.4% in the area during that time. The predominant age group in Stones Corner is 20-29 years. Households in Stones Corner are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stones Corner work in a professional occupation. In 2011, 42.5% of the homes in Stones Corner were owner-occupied compared with 40.8% in 2016.

Stones Corner has 1,683 properties.

    There are currently 4 properties listed for sale, and 4 properties listed for rent in Stones corner on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Stones corner.

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