FOR SALE

185 Junction Road
Clayfield QLD 4011

Bedrooms: 8
Bathrooms: 8
Car spaces: -
Land area: 810m2
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This property is currently on the market
High-Yield Block of Flats Plus Development Site!
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Property Details for 185 Junction Rd, Clayfield

185 Junction Rd, Clayfield is a 8 bedroom, 8 bathroom House. The property has a land size of 810m2.This Property is currently listed for sale with Harcourts Solutions Inner City

Building Type
House
Land Size
810m2
Local Government
Brisbane
Lot/Plan
36/RP33849

Last Listing description (October 2024)

*Information Memorandum with Town Planner Report Available on Request*

This blue-chip property presents a prime investment opportunity with high returns and potential for further development. Currently configured as 8 flats, the property is zoned LMR2 for low-medium density residential (2 or 3 storey mix), making it a versatile and lucrative option.

Current rental return:

Unit 1: $460 per week
Unit 2: $425 per week
Unit 3: $425 per week
Unit 4: $380 per week
Unit 5: $425 per week
Unit 6: $395 per week
Unit 7: $425 per week
Unit 8: $435 per week

Total: $175,240

The units are all air-conditioned, in great condition, and have a master key for ease of management.

Development Potential:

Opportunity to build townhouses or apartments behind the existing property, maximizing the investment.
41 Drane St Clayfield is a prime example of a development outcome of a Lot with similar overlays STCA

Exceptional Location:

Transport Links:

Clayfield Train Station: ~0.35 km (1-minute drive or 6-minute walk)
Eagle Junction Train Station: ~0.9 km (2-minute drive or 10-minute walk)
Nearest bus stop: ~0.2 km (2-minute walk)

Shopping and Dining:

Chermside Shopping Centre: ~6.0 km (15-minute drive)
Nundah Village: ~2.2 km (5-minute drive)
Local markets and specialty stores: ~1.5 km (3-minute drive)

Parks and Recreation:

Kalinga Park: ~1.8 km (4-minute drive)
Kedron Brook: ~2.2 km (5-minute drive)
Sports facilities and clubs: ~1.5 km (3-minute drive)

Healthcare Facilities:

Nearest medical center: ~1.0 km (2-minute drive)
Royal Brisbane and Women's Hospital: ~6.5 km (12-minute drive)

Brisbane CBD:

Brisbane CBD: ~7.0 km (15-minute drive or 20-minute train ride)
Brisbane Airport:
Brisbane Airport: ~8.0 km (10-minute drive)

These distances highlight the convenience and accessibility of key amenities from 185 Junction Road, Clayfield, making it an attractive location for prospective buyers or renters.

Don't miss out on one of the best investment opportunities available. Contact us today to secure this high-yield property in a prime location!

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information
contained is true and accurate, but accept no responsibility and disclaim all liability in respect
to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers
should make their own enquiries to verify the information contained in this advertisement.

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Property History for 185 Junction Rd, Clayfield, QLD 4011

A timeline of how this property has performed in the market
Last Sold
$970,000
26 Sep 2014
Listed for Rent
$225/w
23 Mar 2017
  • 30 Sep 2024
    Listed for Sale Expressions of Interest
  • 05 Jul 2024
    Listed for Sale Expressions of Interest
  • 25 Jun 2024
    Listed for Rent $405 / week
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About Clayfield 4011

The size of Clayfield is approximately 2.8 square kilometres. It has 4 parks covering nearly 1.6% of total area. The population of Clayfield in 2011 was 10,006 people. By 2016 the population was 10,585 showing a population growth of 5.8% in the area during that time. The predominant age group in Clayfield is 30-39 years. Households in Clayfield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clayfield work in a professional occupation. In 2011, 52.6% of the homes in Clayfield were owner-occupied compared with 52.4% in 2016.

Clayfield has 6,312 properties. Over the last 5 years, Houses in Clayfield have seen a 71.41% increase in median value, while Units have seen a 76.28% increase. As at 30 September 2024:

  • The median value for Houses in Clayfield is $1,889,192 while the median value for Units is $644,306.
  • Houses have a median rent of $625 while Units have a median rent of $530.
There are currently 65 properties listed for sale, and 33 properties listed for rent in Clayfield on OnTheHouse. According to CoreLogic's data, 327 properties were sold in the past 12 months in Clayfield.

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