SOLD
Sold on 18 Dec 2023 for $6,380,000

306 Ipswich Road
Annerley QLD 4103

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1434m2
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Property Details for 306 Ipswich Rd, Annerley

Building Type
Commercial
Land Size
1434m2
Local Government
Brisbane
Lot/Plan
2/RP55283

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.

- 100% leased to QLD State Government Department of Youth Justice Brisbane
- 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

A timeline of how this property has performed in the market
Last Sold
$6,380,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $6,380,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 11 Jul 2005
    Sold for $3,110,000
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About 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 6,388 properties. Over the last 5 years, Houses in Annerley have seen a 72.58% increase in median value, while Units have seen a 82.90% increase. As at 31 October 2024:

  • The median value for Houses in Annerley is $1,245,470 while the median value for Units is $673,970.
  • Houses have a median rent of $628 while Units have a median rent of $530.
There are currently 27 properties listed for sale, and 28 properties listed for rent in Annerley on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Annerley.

Suburb Insights for Annerley 4103

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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.