31 Ashgrove AvenueAshgrove QLD 4060
Property Details for 31 Ashgrove Ave, Ashgrove
Last Listing description (November 2023)
Elders Commercial Brisbane are pleased to present to the market for sale 31 Ashgrove Avenue, Ashgrove. Very rarely do blue-chip investment opportunities come to the market within such close proximity to the Brisbane CBD. The property boasts a secure rental return underpinned by high-performing allied health and beauty tenants. The opportunity comprises two (2) extremely well maintained freestanding commercial character buildings, with high quality external finishes and excellent natural light throughout. Additionally, 31 Ashgrove Avenue is positioned just a stone's throw from Ashgrove Woolworths, Ashgrove Coles and other high-performing office, retail and medical operators.
Key features of the property include:
- 292m2* NLA across three (3) tenancies
- Net income approx. $158,112p.a. + GST*^
- Income underpinned by blue-chip covenants
- Onsite parking for up to seven (7) cars
- Staggered tenant expiries providing future value-add
- Ease of access to public transport & major thoroughfares
This is a genuine opportunity for all investors wanting to own a securely long term tenanted asset in a sought after locale. For more information or to organise an inspection, please don't hesitate to contact your EXCLUSIVE Elders Commercial Agent today.
*Approximately
^as at 06/11/2023
Property History for 31 Ashgrove Ave, Ashgrove, QLD 4060
- 08 Dec 2023Sold for $2,600,000
- 11 Oct 2023Listed for Sale Contact Agent
- 16 Dec 2019Listed for Rent - Price not available
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0About Ashgrove 4060
The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The population of Ashgrove in 2011 was 12,916 people. By 2016 the population was 13,045 showing a population growth of 1.0% in the area during that time. The predominant age group in Ashgrove is 40-49 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation. In 2011, 69.4% of the homes in Ashgrove were owner-occupied compared with 69% in 2016.
Ashgrove has 5,665 properties.
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