FOR SALE
Auction 29 November 2024 9:45am

264 Rode Road
Wavell Heights QLD 4012

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 341m2
Auction Time
Fri 29 Nov 9:45 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Entry-Level Brisbane Retail Centre| Passive 3.96 Year WALE

RWC Retail are proud to present 264 Rode Road, Wavell Heights. For Sale by Auction on Friday 29th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Fully leased 220sqm* retail centre with just three tenants
• True set and forget investment that ticks every box
• Strong 3.96 year WALE
• Passive net leases, with tenants paying for all the usual outgoings
• Fully Leased Net Income of $120,452 + GST p.a.
|Where|
• Prominent corner land parcel with exposure to over 172,000 vehicles weekly
• Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,
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Property Details for 264 Rode Rd, Wavell Heights

Building Type
Commercial
Floor Size
220m2
Land Size
341m2

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About Wavell Heights 4012

The size of Wavell Heights is approximately 4.1 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Wavell Heights in 2011 was 9,434 people. By 2016 the population was 9,691 showing a population growth of 2.7% in the area during that time. The predominant age group in Wavell Heights is 40-49 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation. In 2011, 71.4% of the homes in Wavell Heights were owner-occupied compared with 70.6% in 2016.

Wavell Heights has 4,258 properties. Over the last 5 years, Houses in Wavell Heights have seen a 91.78% increase in median value, while Units have seen a 61.53% increase. As at 31 October 2024:

  • The median value for Houses in Wavell Heights is $1,357,827 while the median value for Units is $647,234.
  • Houses have a median rent of $695 while Units have a median rent of $500.
There are currently 35 properties listed for sale, and 12 properties listed for rent in Wavell heights on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Wavell heights.

Suburb Insights for Wavell Heights 4012

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Contact agent
Lachlan O'Keeffe
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Michael Feltoe
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RWC Retail QLD
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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.