1398 New Cleveland RoadChandler QLD 4155
Property Details for 1398 New Cleveland Rd, Chandler
Last Listing description (August 2013)
10 Year Lease - 9%+ Yield
Ray White Transact has pleasure in offering this secure investment opportunity located at 1398 New Cleveland Road, Capalaba West, Brisbane. This offering provides an outstanding opportunity to purchase a large, strategically located property which is secured by its income stream.
The main features of the property includes the following:
-Commencing net income approximately $204,000 per annum;
-10 years and six months lease to established landscaping supplies business from 1 January 2012 until 30 June 2022; -Potential for future higher order alternate land use.
Property History for 1398 New Cleveland Rd, Chandler, QLD 4155
- 05 Sep 2013Sold for $1,600,000
- 22 Apr 2012Listed for Sale Not Disclosed
- 13 Dec 2007Sold for $2,300,000
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0About Chandler 4155
The size of Chandler is approximately 13 square kilometres. It has 13 parks covering nearly 12.4% of total area. The population of Chandler in 2011 was 1,421 people. By 2016 the population was 1,429 showing a population growth of 0.6% in the area during that time. The predominant age group in Chandler is 10-19 years. Households in Chandler are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Chandler work in a professional occupation. In 2011, 88.9% of the homes in Chandler were owner-occupied compared with 90.2% in 2016.
Chandler has 604 properties. Over the last 5 years, Houses in Chandler have seen a 96.37% increase in median value, while Units have seen a 35.23% increase. As at 31 October 2024:
- The median value for Houses in Chandler is $2,938,595 while the median value for Units is $1,161,821.
- Houses have a median rent of $850.
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