SOLD
Sold on 26 Apr 2024 for $440,000

17/198 Adelaide Street
Brisbane City QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 45m2
Land area: 45m2
Sold By
LJ Hooker Commercial Brisbane
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Property Details for 17/198 Adelaide St, Brisbane City

Building Type
Commercial
Floor Size
45m2
Land Size
45m2
Local Government
Brisbane
Lot/Plan
17/SP129278

Last Listing description (June 2024)

This prime retail property is located in Anzac Square Arcade, a landmark building in the heart of the Brisbane CBD, on the corner of Adelaide and Edward Streets. Only 100* metres from the Queen Street Mall, the major retail hub of Brisbane. The shop is positioned on the ‘ant trail', the main thoroughfare for commuters travelling to Central Station and is passed by thousands of commuters daily.
Within close proximity is: Queens Plaza (30m), Central Station (110m), King George Square (190metres), City Hall (200m), McArthur Central(150m)

* 45sqm Retail Shop next to train entry
* Prime position in Anzac Arcade
* Abundance of foot traffic daily
* Clear instructions to sell immediately

SALE PRICE: Offers over $400,000 + GST
BUILDING AREA: 45sqm

Location:
Brisbane is the capital and most populous city in the Australian state of Queensland, and the third most populous city in Australia. Brisbane's metropolitan area has a population of 2.3 million, and the South East Queensland urban conurbation, centered on Brisbane, encompasses a population of more than 3.4 million. The Brisbane central business district stands on the original European settlement and is situated inside a bend of the Brisbane River, about 15 kms (9 miles) from its mouth at MoretonBay. The metropolitan area extends in all directions along the flood plain of the Brisbane River Valley between Moreton Bay and the Great Dividing Range, sprawling across several of Australia's most populous local government areas.

Property History for 17/198 Adelaide St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$440,000
26 Apr 2024
Listed for Rent
$862/w
23 Sep 2020
  • 26 Apr 2024
    Sold for $440,000
  • 01 Nov 2023
    Listed for Sale Offers over $400,000 + GST
  • 23 Sep 2020
    Listed for Rent - Price not available
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About Brisbane City 4000

The size of Brisbane City is approximately 2.5 square kilometres. It has 15 parks covering nearly 18.2% of total area. The population of Brisbane City in 2011 was 7,888 people. By 2016 the population was 9,467 showing a population growth of 20.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation. In 2011, 40.5% of the homes in Brisbane City were owner-occupied compared with 36% in 2016.

Brisbane City has 12,285 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.52% decrease in median value, while Units have seen a 42.85% increase. As at 31 October 2024:

  • The median value for Houses in Brisbane City is $543,544 while the median value for Units is $695,719.
  • Houses have a median rent of $710 while Units have a median rent of $749.
There are currently 117 properties listed for sale, and 84 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 858 properties were sold in the past 12 months in Brisbane city.

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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.