SOLD
Sold on 15 Dec 2023 for $800,000

4/23 Smith Street
Capalaba QLD 4157

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 240m2
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Property Details for 4/23 Smith St, Capalaba

Building Type
Commercial
Year Built
1985
Land Size
240m2
Local Government
Redland
Lot/Plan
4/BUP6805

Last Listing description (November 2023)

RWC Bayside is pleased to present Unit 4/23 Smith Street, Capalaba to the market For Sale.

This spacious warehouse extends 5 metres* high to the underside of the structural steel girders and provides a large open space to suit warehousing and distribution, manufacturing or light industrial purposes.


The 217sqm* ground floor consists of a small kitchenette with toilet at the front and two enclosed storage rooms along the side wall to the rear of the building. There are three 3-phase power outlets on one wall and three external waterproof double power points positioned close to ground level either side. Newly installed LED lights and fluorescent lights are located throughout and the warehouse floor has been reconditioned, sealed and painted. The walls have also been freshly painted.

The high bay roller door has an electric motor and the unit has three car parks directly outside plus an extra bay for a skip bin.

Upstairs is a 23sqm* office with toilet and shower and a 45sqm* mezzanine floor with two doorways allowing for access by a lifter.

Features include:
- 217sqm* ground level with kitchenette, toilet and two storage rooms
- 23sqm* office, toilet and shower on the first floor
- 45sqm* mezzanine/storage area with two access points for a lifter
- 3 x 3-phase power outlets and 3 waterproof double power points at ground level
- 3 car parks directly accessible to the unit and a skip bin drop off area
- High bay roller door with electric motor
- 5m* high roof to the underside of the steel beams
- New LED and fluorescent lighting throughout the building
- Freshly painted and sealed flooring and walls on ground level
- Vacant possession

For Sale: Contact agent

* Approximately

Property History for 4/23 Smith St, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$800,000
15 Dec 2023
  • 15 Dec 2023
    Sold for $800,000
  • 06 Nov 2023
    Listed for Sale Contact Agent
  • 16 Sep 1985
    Sold for $100,000

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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 8,589 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 58 properties listed for sale, and 55 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 402 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.