FOR SALE
Auction In-Rooms 2 October 2024

272 Newmarket Road
Wilston QLD 4051

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1200m2
Land area: 2066m2
Auction Time
Wed 2 Oct 11:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

INNER CITY MULTI-TENANTED INDUSTRIAL INVESTMENT WITH UPSIDE

• Fully leased to 5 tenants providing holding income
• Existing improvements 1,200sqm* GFA
• Situated on 2,066sqm land zoned Low Impact Industry
• Long term tenants on periodic tenancies
• Substantial future rental reversion via refurbishment
• Excellent access & local amenity including bus & train at door
• Genuine opportunity to reposition asset to the market
• First time offered in 32+ years - Retiring Vendor Will be Sold
For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.
Auction In-Rooms (if not sold prior) Wednesday 2 October 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron
See More

Property Details for 272 Newmarket Rd, Wilston

Building Type
Commercial
Floor Size
1200m2
Land Size
2066m2

Commute Calculator

About Wilston 4051

The size of Wilston is approximately 1.4 square kilometres. It has 9 parks covering nearly 14.2% of total area. The population of Wilston in 2011 was 3,871 people. By 2016 the population was 3,934 showing a population growth of 1.6% in the area during that time. The predominant age group in Wilston is 40-49 years. Households in Wilston are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wilston work in a professional occupation. In 2011, 62.6% of the homes in Wilston were owner-occupied compared with 62.1% in 2016.

Wilston has 1,782 properties. Over the last 5 years, Houses in Wilston have seen a 84.70% increase in median value, while Units have seen a 76.52% increase. As at 31 August 2024:

  • The median value for Houses in Wilston is $1,796,296 while the median value for Units is $720,105.
  • Houses have a median rent of $750 while Units have a median rent of $518.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Wilston on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Wilston.

Suburb Insights for Wilston 4051

Market Insights
Wilston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Wilston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Trent Bruce
Show contact details
Raine & Horne Commercial Brisbane North
Preferred contact:
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.