SOLD
Sold on 06 Nov 2023 for $550,000

17/29 Moreton Bay Road
Capalaba QLD 4157

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 118m2
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Property Details for 17/29 Moreton Bay Rd, Capalaba

Building Type
Commercial
Land Size
118m2
Local Government
Redland
Lot/Plan
17/SP127468

Last Listing description (December 2023)

RWC Bayside is pleased to present 7/29 Moreton Bay Road, Capalaba to the market For Sale.

Located in the Eureka Centre, the unit is currently operating as a dance studio and is accessible in every direction in central Capalaba and is within walking distance of Capalaba Central Shopping Centre and Capalaba Bus Depot.

The ground floor footprint is 118sqm* which has been cleverly converted into a large dance studio, complete with front reception area, storage room, kitchen and toilet. A temporary wall has been constructed behind the high-bay roller door which can be re-purposed to provide additional warehouse space if required.

Upstairs the mezzanine floor leads into a further 70sqm* of dance studio and storeroom.

The property would be suitable for a variety of small business operators and is offered with vacant possession, making it ideal for owner-occupiers.

Features include:
- 118 sqm* ground floor reception, office, self-contained amenities and dance studio
- 70 sqm* studio and storage on the mezzanine level
- Fully air-conditioned on both ground level and mezzanine
- 3 parking spaces directly in front of the unit as well as ample on-site parking
- Container-height roller door and glass pedestrian access
- Vacant possession available to suit an owner-occupier

Sale Price : Contact Agent
* Approximately

Property History for 17/29 Moreton Bay Rd, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$550,000
06 Nov 2023
  • 06 Nov 2023
    Sold for $550,000
  • 26 Sep 2023
    Listed for Sale Contact agent
  • 20 Feb 2018
    Sold for $346,500
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About Capalaba 4157

The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2011 was 16,644 people. By 2016 the population was 17,365 showing a population growth of 4.3% in the area during that time. The predominant age group in Capalaba is 50-59 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation. In 2011, 72.1% of the homes in Capalaba were owner-occupied compared with 71.4% in 2016.

Capalaba has 8,590 properties. Over the last 5 years, Houses in Capalaba have seen a 80.42% increase in median value, while Units have seen a 87.87% increase. As at 31 August 2024:

  • The median value for Houses in Capalaba is $872,198 while the median value for Units is $577,502.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 57 properties listed for sale, and 56 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 408 properties were sold in the past 12 months in Capalaba.

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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.