306 Ipswich RoadAnnerley QLD 4103
Property Details for 306 Ipswich Rd, Annerley
Last Listing description (November 2023)
C Property QLD are pleased to exclusively present to market a corporate office building leased to the QLD State Government on a recently renewed 6-year lease with a 4 year option.
306 Ipswich Road is a strategically positioned secure investment which has been occupied by the QLD State Government for over 18 years.
- Recently renewed 6-year lease plus 4 year option
- Current net income of $373,012.15* + GST
- Secure annual growth with 3.5% annual increases
- Total net lettable area of 961 sqm* with 18 car parks
- 1,434 sqm* corner land holding with strong development upside for the future
- District-Centre Zoning
- Ideally situated to capitalise on significant infrastructure projects within the precinct
Approx.*
The property is for sale via expressions of interest closing Tuesday 5th December at 5pm. For further information or to arrange an inspection, please contact the Inner-City Specialists & Exclusive Agents C Property QLD.
Property History for 306 Ipswich Rd, Annerley, QLD 4103
- 18 Dec 2023Sold for $6,380,000
- 08 Nov 2023Listed for Sale Contact Agent
- 11 Jul 2005Sold for $3,110,000
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0About Annerley 4103
The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2011 was 10,664 people. By 2016 the population was 11,349 showing a population growth of 6.4% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation. In 2011, 44.6% of the homes in Annerley were owner-occupied compared with 42.9% in 2016.
Annerley has 6,431 properties. Over the last 5 years, Houses in Annerley have seen a 79.39% increase in median value, while Units have seen a 73.92% increase. As at 31 July 2024:
- The median value for Houses in Annerley is $1,241,081 while the median value for Units is $629,311.
- Houses have a median rent of $650 while Units have a median rent of $528.
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