SOLD
Sold on 05 Dec 2023 for $795,000

72 Elphinstone Street
Berserker QLD 4701

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 984m2
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Property Details for 72 Elphinstone St, Berserker

Building Type
Commercial
Land Size
984m2
Local Government
Rockhampton Regional
Lot/Plan
26/RP601289

Last Listing description (October 2019)

Available now for sale is this beautifully presented commercial investment property located in the busy precinct of Berserker, North Rockhampton. The property is fully tenanted and showing a fantastic return. The building was fully converted years ago and provides ideal tenancy for offices both upstairs and down.
- Upstairs tenanted to Meridian Accounting (Lease expires 2022 with further options)
- Downstairs tenanted to Octec Job Services (Lease expires 2020 with further options)

- $57,720 p.a net return
- 100% of outgoings recovered from the tenants
- Great off street parking
- Busy professional office location
Contact Jonathon Offord for further information

Property History for 72 Elphinstone St, Berserker, QLD 4701

A timeline of how this property has performed in the market
Last Sold
$795,000
05 Dec 2023
Listed for Rent
$460/w
18 Apr 2018
  • 05 Dec 2023
    Sold for $795,000
  • 02 Sep 2019
    Sold for $600,000
  • 19 Jun 2019
    Listed for Sale Not Disclosed
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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 3,890 properties. Over the last 5 years, Houses in Berserker have seen a 124.04% increase in median value, while Units have seen a 50.47% increase. As at 31 October 2024:

  • The median value for Houses in Berserker is $384,998 while the median value for Units is $345,208.
  • Houses have a median rent of $450 while Units have a median rent of $380.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Berserker on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Berserker.

Suburb Insights for Berserker 4701

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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.