SOLD
Sold on 17 Apr 2024 for $1,639,033

581 Old Cleveland Road
Camp Hill QLD 4152

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 438m2
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Property Details for 581 Old Cleveland Rd, Camp Hill

Building Type
Commercial
Land Size
438m2
Local Government
Brisbane
Lot/Plan
3/RP41529

Last Listing description (June 2024)

Offering an outstanding investment in the premier suburb of Camp Hill, this 6-office property is the perfect addition to your portfolio.

Currently vacant and previously tenanted for $96,825.60 + GST per year, the building presents a high-income-producing asset in a high-exposure position on Old Cleveland Road.

Featuring 6 office rooms, 6 car parks, 2 kitchens, 1 bathroom, a new boardroom, reception and storage/workshop, the property offers a versatile site for a range of businesses.

Boasting excellent foot traffic just 150m from bus stops and neighbouring retail stores, a dentist, a pharmacy, The Old Seven, childcare and Camp Hill State School, you can take advantage of the premium frontage and exceptional access to public transport.

Situated on a 438sqm site, just 15 minutes from the CBD, the property also provides a remarkable opportunity to landbank and embark on future redevelopment.

Property features:
- Vacant property offering an outstanding investment in a high-traffic area
- Previously rented for $96,825.60 + GST per year
- 438sqm site with future development potential
- 6 car parks (2x undercover and 4x off-street)
- 6 office rooms
- 2 kitchens
- 1 bathroom
- Reception
- New boardroom
- Multiple storage areas
- Large workshop downstairs
- Ducted air-conditioning
- 150m from bus stops and 15 mins from the CBD

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property History for 581 Old Cleveland Rd, Camp Hill, QLD 4152

A timeline of how this property has performed in the market
Last Sold
$1,639,033
17 Apr 2024
  • 17 Apr 2024
    Sold for $1,639,033
  • 07 Mar 2024
    Listed for Sale Under Contract
  • 13 Mar 1996
    Transferred for $180,000
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About Camp Hill 4152

The size of Camp Hill is approximately 4.8 square kilometres. It has 14 parks covering nearly 19.7% of total area. The population of Camp Hill in 2011 was 10,533 people. By 2016 the population was 11,191 showing a population growth of 6.2% in the area during that time. The predominant age group in Camp Hill is 40-49 years. Households in Camp Hill are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Camp Hill work in a professional occupation. In 2011, 68.5% of the homes in Camp Hill were owner-occupied compared with 69.4% in 2016.

Camp Hill has 5,232 properties. Over the last 5 years, Houses in Camp Hill have seen a 89.79% increase in median value, while Units have seen a 68.43% increase. As at 30 November 2024:

  • The median value for Houses in Camp Hill is $1,659,517 while the median value for Units is $832,809.
  • Houses have a median rent of $780 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 10 properties listed for rent in Camp hill on OnTheHouse. According to CoreLogic's data, 281 properties were sold in the past 12 months in Camp hill.

Suburb Insights for Camp Hill 4152

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Doug Akenson
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Will Torres
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TORRES PROPERTY
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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.