SOLD
Sold on 12 Jan 2024 for $785,000

9/42 Smith Street
Capalaba QLD 4157

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 250m2
Land area: 218m2
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Property Details for 9/42 Smith St, Capalaba

Building Type
Commercial
Floor Size
250m2
Land Size
218m2
Local Government
Redland
Lot/Plan
9/SP204839

Last Listing description (March 2024)

RWC Bayside is pleased to present Unit 9/42 Smith Street, Capalaba to the market For Sale.

This multi-use industrial warehouse is situated in the heart of the industrial precinct, and comes complete with its own amenities and undercover car parks. Located at the southern end of the complex, the tilt slab unit includes a metal insulated roof with skylights and a 10kW solar system.

The 160sqm* ground level includes a spacious 120sqm* warehouse with a high-bay roller door, air-conditioned reception and separate office, a kitchen, and a toilet. On the mezzanine level, new split system air-conditioning units service one large office and two medium-sized offices with bonus storage space.

The building is offered with vacant possession.

Features include:
225sqm* industrial unit in modern complex located on highly sought-after Smith Street
10kW Solar Panel System
160sqm* ground floor includes a high quality reception, boardroom, lunchroom, and toilet facilities, plus 120sqm* of warehouse
Mezzanine level with 2 private offices and an open-plan area overlooking the complex car park
All office areas are neatly finished and include air-conditioning and carpet floor coverings
Warehouse access is via a container-height roller door
2 car parks plus an external storage area (or 3 car parks if the storage area is repurposed)
Vacant possession

Sale Price : $795,000^ + GST

* Approximately
^ All prices quoted are exclusive of GST

Property History for 9/42 Smith St, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$785,000
12 Jan 2024
Listed for Rent
$9.49k/w
28 Jul 2016
  • 12 Jan 2024
    Sold for $785,000
  • 22 Sep 2023
    Listed for Sale $795,000
  • 06 Sep 2016
    Sold for $453,000
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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 8,593 properties. Over the last 5 years, Houses in Capalaba have seen a 80.00% increase in median value, while Units have seen a 78.36% increase. As at 31 July 2024:

  • The median value for Houses in Capalaba is $873,707 while the median value for Units is $559,645.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 55 properties listed for sale, and 61 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Capalaba.

Suburb Insights for Capalaba 4157

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Mark Montague
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RWC Bayside
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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.