SOLD
Sold on 04 Sep 2024 for $2,045,000

5 Christine Place
Capalaba QLD 4157

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1250m2
Sold By
Kevin Murdock
RE/MAX TLG
Save

Property Details for 5 Christine Pl, Capalaba

Building Type
Commercial
Land Size
1250m2
Local Government
Redland
Lot/Plan
25/SP111218

Last Listing description (October 2024)

For sale by Expression of interest

5 Christine Place Capalaba is an industrial building that offers an exceptional investment opportunity for those looking to expand their commercial portfolio

Situated on a large near-level site, the property has lots to offer.

Zoned Commercial Industry
Tilt panel construction
3 large 4metre wide roller doors
14 + 3 onsite carparks
Easy truck access to the site and building
1250 sqm land

Investment Highlights
Fully leased with two brand-new leases
One 3 x 3-year lease and one 3 x 5-year leases to long-term, quality tenants
Located in a very high-demand area

Don't miss this exclusive investment opportunity. Act now!
Closing Date for Expression of Interest - Friday 20 September 2024

Property History for 5 Christine Pl, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$2,045,000
04 Sep 2024
  • 04 Sep 2024
    Sold for $2,045,000
  • 12 Aug 2024
    Listed for Sale SOLD BY RE/MAX BAYSIDE PROPERTIES
  • 11 Aug 2000
    Sold for $176,000

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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 8,568 properties. Over the last 5 years, Houses in Capalaba have seen a 78.44% increase in median value, while Units have seen a 98.62% increase. As at 31 October 2024:

  • The median value for Houses in Capalaba is $897,724 while the median value for Units is $607,921.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 51 properties listed for sale, and 63 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Capalaba.

Suburb Insights for Capalaba 4157

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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.