SOLD
Sold on 19 Dec 2023 for $3,920,000

31 Murray Street
Bowen Hills QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 591m2
Land area: 698m2
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Property Details for 31 Murray St, Bowen Hills

Building Type
Commercial
Floor Size
591m2
Land Size
698m2
Local Government
Brisbane
Lot/Plan
1/RP137118

Last Listing description (April 2023)

31 Murray Street presents to an A-Grade standard with no expense spared on services, amenities and finishes. The building is fully DDA compliant, with lift access and reserved disabled parking. The facade delivers a contemporary feel paying tribute to the buildings roots and providing excellent signage and espouse for occupants. The property offers secure basement and visitor parking, End of Trip facilities and extensive amenity otherwise unseen in this style of asset.

Offering a direct link to the Inner City Bypass, Brisbane Airport, Kingsford Smith Drive and the Brisbane CBD, it would be difficult to find a more connected location. Murray Street is a short walk to Bowen Hills Station, one of four major stations in Brisbane servicing every train line as well as multiple bus routes along Edmondstone Road offering connectivity north and south. Adjoining the area of the Newstead North Neighbourhood Plan the wider precinct has undergone significant gentrification which has seen an increase in the number of food and dining opportunities as well as the addition of the new Bunnings and Mercedes Benz Autohaus.


Property highlights include:

- Plug and play fitout
- Exclusive use balcony area
- Extensive onsite parking
- Secure access
- Lift access
- Gigabit speed fibre connection (up to 10 times faster than NBN)
- End of Trip Facilities
- 600m walk to Bowen Hills Station

For further information or to arrange an inspection please contact the exclusive agents at JLL

Property History for 31 Murray St, Bowen Hills, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$3,920,000
19 Dec 2023
Listed for Rent
$1.53k/w
19 Apr 2023
  • 19 Dec 2023
    Sold for $3,920,000
  • 24 Sep 2018
    Listed for Rent - Price not available
  • 24 Apr 2018
    Sold for $1,870,000
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About Bowen Hills 4006

The size of Bowen Hills is approximately 1.7 square kilometres. It has 2 parks covering nearly 4.2% of total area. The population of Bowen Hills in 2011 was 1,744 people. By 2016 the population was 3,214 showing a population growth of 84.3% in the area during that time. The predominant age group in Bowen Hills is 20-29 years. Households in Bowen Hills are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowen Hills work in a professional occupation. In 2011, 25.6% of the homes in Bowen Hills were owner-occupied compared with 17.5% in 2016.

Bowen Hills has 4,058 properties. Over the last 5 years, Houses in Bowen Hills have seen a -60.70% decrease in median value, while Units have seen a 26.14% increase. As at 31 October 2024:

  • The median value for Houses in Bowen Hills is $556,481 while the median value for Units is $561,889.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 51 properties listed for sale, and 26 properties listed for rent in Bowen hills on OnTheHouse. According to CoreLogic's data, 423 properties were sold in the past 12 months in Bowen hills.

Suburb Insights for Bowen Hills 4006

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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.