SOLD
Sold on 15 Dec 2023 for $1,705,000

622 Sandgate Road
Clayfield QLD 4011

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 488m2
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Sold By
Paul Dugan
Dugan & Co Property
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Property Details for 622 Sandgate Rd, Clayfield

Building Type
Commercial
Land Size
488m2
Local Government
Brisbane
Lot/Plan
2/RP41437

Last Listing description (January 2024)

Dugan & Co proudly presents 622 Sandgate Road, Clayfield, an exciting opportunity to purchase a landmark 264 SQM* freestanding building on a 488sqm* site area and DA approval.

With an abundance of possible projects for this property, this building will accommodate a wide array of end users including Medical & Medical Allied, Corporate offices such as Law Firms or Business Advisory, Beauty and Therapy services, or a group of Retail shops.

Property features:

- Corner site with 488sqm* and two streets frontage
- Passing traffic on Sandgate Road of 65,000+ cars per day
- Adjacent to Clayfield College
- DA Approved size of 364SQM*
- Two types of Development Approval (DA) in place: Partial renovation to include demolition on the toilets block at the back of the property and full re-development
- Sandgate Road provides easy access to public transport and access to Brisbane CBD, Hospitals and services within 10 minutes.
- All essential services such as water, electricity, and sewage in place.

This opportunity offers the flexibility to renovate or develop the site to cater to your needs.

AUCTION DATE: Wednesday 29th of November 2023, if not sold prior.

For more information or to arrange a site visit, please contact Exclusive Agent Paul Dugan for further details.
(*approx)

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Property History for 622 Sandgate Rd, Clayfield, QLD 4011

A timeline of how this property has performed in the market
Last Sold
$1,705,000
15 Dec 2023
Listed for Rent
$383/w
29 Mar 2021
  • 15 Dec 2023
    Sold for $1,705,000
  • 30 Oct 2023
    Listed for Sale CONTACT AGENT FOR DETAILS
  • 05 Sep 2021
    Sold for $1,292,500
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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 6,298 properties. Over the last 5 years, Houses in Clayfield have seen a 69.39% increase in median value, while Units have seen a 78.93% increase. As at 31 October 2024:

  • The median value for Houses in Clayfield is $1,898,988 while the median value for Units is $652,582.
  • Houses have a median rent of $625 while Units have a median rent of $528.
There are currently 56 properties listed for sale, and 28 properties listed for rent in Clayfield on OnTheHouse. According to CoreLogic's data, 309 properties were sold in the past 12 months in Clayfield.

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