FOR SALE
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212 Mulgrave Road
Westcourt QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 320m2
Land area: 616m2
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Rare Freehold Offices: Occupy one and rent the rest!

Udo Jattke is proud to introduce to the market, this prime commercial investment opportunity in the heart of Mulgrave Road. This meticulously constructed commercial building boasts several desirable features that make it an enticing prospect for investors. Comprising four distinct office spaces, each thoughtfully designed for functionality and versatility, it offers a range of possibilities for tenants or businesses seeking a strategic location.
One of the offices has already been leased to a reputable security firm, ensuring a steady income stream for the new owner. Additionally, the property provides ample convenience with eight undercover carparks, a valuable asset in any bustling urban center. The building's well-fitted interior gives a sense of professionalism and contemporary style, appealing to a wide range of potential occupants.
Strategically positioned on the main street of Mulgrave Road, this property benefits from high visibility and excellent signage opportunities, further enhancing its appeal to potential tenants. Remarkably, this marks the first time the property has been placed on the market since its original construction, making it a rare and enticing investment opportunity.
Occupy one and rent the rest or simply rent them all, the choice if yours. Don't miss your chance to acquire this prime commercial building with endless potential for growth and income.

Property Details for 212 Mulgrave Rd, Westcourt

Building Type
Commercial
Floor Size
320m2
Land Size
616m2

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About Westcourt 4870

The size of Westcourt is approximately 1.6 square kilometres. It has 4 parks covering nearly 8.9% of total area. The population of Westcourt in 2011 was 3,904 people. By 2016 the population was 3,906 showing a population growth of 0.1% in the area during that time. The predominant age group in Westcourt is 20-29 years. Households in Westcourt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Westcourt work in a professional occupation. In 2011, 30.2% of the homes in Westcourt were owner-occupied compared with 32.2% in 2016.

Westcourt has 2,154 properties. Over the last 5 years, Houses in Westcourt have seen a 54.22% increase in median value, while Units have seen a 65.10% increase. As at 31 October 2024:

  • The median value for Houses in Westcourt is $545,570 while the median value for Units is $329,825.
  • Houses have a median rent of $473 while Units have a median rent of $390.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Westcourt on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Westcourt.

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