SOLD
Sold on 16 Sep 2024 for $1,015,000

10 Market Street
Brisbane City QLD 4000

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 69m2
Land area: 55m2
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Property Details for Lot 2/10 Market St, Brisbane City

Building Type
Commercial
Year Built
2006
Floor Size
69m2
Land Size
55m2
Local Government
Brisbane
Lot/Plan
2/SP247765

Last Listing description (September 2024)

Situated at the intersection of Eagle and Market Street within Brisbane's Golden Triangle precinct, 10 Market Street is set to benefit from ongoing infrastructure projects that will deliver new business hubs, significantly boosting local activity making 10 Market Street an ideal location to capitalize on these developments.

KEY FEATURES INCLUDE:
Strategic Brisbane CBD 'Golden Triangle' location within the professional services hub and in close proximity to the

city's premier office buildings and entertainment precinct 52m* open plan well appointed office suite
1 x exclusive use car park
Net Income: $67,590.72* per annum plus GST
Secure 2 year lease plus 2 x 2 year options
Fixed 4% annual rent increases
350m* to future Albert Street CrossRiver Rail Station
350m* to future Kangaroo Point Green Bridge
450m* to Riverside CityCat Ferry Terminal
550m* to Central Station
Directly opposite Dexus' $2.5 Billion Waterfront Brisbane Development
Close proximity to some of Brisbane's best dining and luxury retailers
Brisbane City - Thriving metropolis & QLD's economic engine with $14.2 Billion investment and development pipeline

Offered for sale via Public Auction to be held at 11am Thursday 15th August 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD.

For more information or to arrange a private inspection, please contact the exclusive marketing agent Matt Taylor on 0429 959 429.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately.

Property History for Lot 2/10 Market St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$1,015,000
16 Sep 2024
  • 16 Sep 2024
    Sold for $1,015,000
  • 25 Jun 2024
    Listed for Sale Auction - Thursday 15th August 2024 at 11am
  • 19 Sep 2012
    Sold for $760,000

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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 12,274 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 114 properties listed for sale, and 78 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 870 properties were sold in the past 12 months in Brisbane city.

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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.