116 Elphinstone StreetBerserker QLD 4701
Property Details for 116 Elphinstone St, Berserker
Last Listing description (January 2020)
Zoned as commercial and always had great rental returns of $3,206 p/mth this is an opportunity to purchase for your own business or capitalise as an investment and enjoy the returns. The owner is committed to selling and will consider offers
Upstairs can be used as a private dwelling, as it is fully equipped with kitchen, second bathroom plus separate rooms that would be perfect as bedrooms, living/dining area and media - OR these rooms can be rented out to increase your income.
The ground floor is structured with office space that includes a reception area, a common room plus 4 individual rooms, making it ideal for various types of business.
Following through to the back rooms there is ample space the would be ideal as conference or meeting rooms.
The location is central to all facilities and also provides individual car parking.
The building over the last 6 years has been constantly rented at $3206 per month, however the owner is selling without a tenant in place to accommodate as many options for the new owners.
The opportunities are endless, could this your perfect situation - live in and run your business from home or rent the rooms/ or building - the owner wants an immediate sale and will consider all offers.
Call Sharon today for details or to book your inspection
Property History for 116 Elphinstone St, Berserker, QLD 4701
- 06 Dec 2019Sold for $310,000
- 23 Apr 2019Listed for Sale $450,000
- 18 Oct 2011Listed for Rent $72,800 / year
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About Berserker 4701
The size of Berserker is approximately 4.7 square kilometres. It has 11 parks covering nearly 6.5% of total area. The population of Berserker in 2011 was 7,241 people. By 2016 the population was 6,876 showing a population decline of 5.0% in the area during that time. The predominant age group in Berserker is 20-29 years. Households in Berserker are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Berserker work in a labourer occupation. In 2011, 56.3% of the homes in Berserker were owner-occupied compared with 53.5% in 2016.
Berserker has 3,918 properties. Over the last 5 years, Houses in Berserker have seen a 120.45% increase in median value, while Units have seen a 45.49% increase. As at 30 November 2024:
- The median value for Houses in Berserker is $384,850 while the median value for Units is $350,419.
- Houses have a median rent of $450 while Units have a median rent of $400.
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