SOLD
Sold on 16 Aug 2024 for $4,037,000

8 Kerry Road
Archerfield QLD 4108

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 398m2
Land area: 2032m2
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Property Details for 8 Kerry Rd, Archerfield

Building Type
Commercial
Floor Size
398m2
Land Size
2032m2
Local Government
Brisbane
Lot/Plan
2/RP894403

Last Listing description (October 2024)

This well presented, modern commercial building enjoys unrivalled exposure to Beaudesert Road and is only 12 km's from the Brisbane CBD. ANZ have just recently re-signed a new 3 year term which makes this an ideal investment for the savvy investor.

Key features:
Net Income $252,000 + Outgoings + GST

New 3 + 3 Year Lease
Fixed 3.5% annual increases
Tenant has made significant capital investment into the site
Unbeatable exposure to Beaudesert Rd
Flood free location
ANZ have occupied tenancy since completion of construction.

Building + Land breakup:
605m2 of building area
2,033m2 of land area

all items are approx.

For more information or to arrange an inspection please contact the Exclusive Agents at RWC Southwest today.

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Property History for 8 Kerry Rd, Archerfield, QLD 4108

A timeline of how this property has performed in the market
Last Sold
$4,037,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $4,037,000
  • 31 Jul 2024
    Listed for Sale Price on Application
  • 03 Jun 2021
    Listed for Sale Not Disclosed
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About Archerfield 4108

The size of Archerfield is approximately 4.4 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Archerfield in 2011 was 510 people. By 2016 the population was 530 showing a population growth of 3.9% in the area during that time. The predominant age group in Archerfield is 20-29 years. Households in Archerfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Archerfield work in a trades occupation. In 2011, 53.1% of the homes in Archerfield were owner-occupied compared with 59.3% in 2016.

Archerfield has 606 properties. Over the last 5 years, Houses in Archerfield have seen a 93.00% increase in median value, while Units have seen a 54.00% increase. As at 31 October 2024:

  • The median value for Houses in Archerfield is $715,071 while the median value for Units is $495,537.
  • Houses have a median rent of $573 while Units have a median rent of $250.
There are currently 5 properties listed for sale, and 14 properties listed for rent in Archerfield on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Archerfield.

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Luke Wray
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Matt Wray
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RWC Southwest
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