1/55 Clarence StreetCoorparoo QLD 4151
Property Details for 1/55 Clarence St, Coorparoo
Last Listing description (March 2024)
Ben Sands from RWC Gateway, as the exclusive selling agent, is pleased to present to the market 1/55 Clarence Street, Coorparoo. This well-presented, modern industrial unit within a small complex of only 4 units is located just off Cavendish Road, within close proximity to Coorparoo Train Station, Coorparoo Secondary College, and Coorparoo Square.
The key features include:
• Prime Location: Tightly held mixed-use commercial and industrial precinct within Coorparoo.
• Generous Parking: Enjoy the convenience of 5 exclusive-use car spaces.
• Attractive Investment: Currently leased to 2 tenants with 1 tenancy vacant.
• Low Outgoings: Estimated outgoings of $13,121* per annum plus $134,829.57* in the body corporate sinking fund.
• Individual Amenities & Access: Each tenancy is equipped with its own amenities and private access, providing security and convenience.
• Ideal Location: Perfect for businesses servicing the Brisbane CBD and southern suburbs, this prime spot enhances accessibility by car, bus, and train.
Location:
• 300 metres to Coorparoo Train Station
• 550 metres to Coorparoo Secondary College and Coorparoo AFC
• 850 metres to Coorparoo Square complex with restaurants, cafes, and bars
• 900 metres to Aldi, Woolworths, and Coles supermarkets
• 5 minutes drive to the Gabba
• 10 minutes drive to Brisbane CBD
• 20 minutes drive to Brisbane Airport
Gross Income:
Tenancy A: $15,780.00+GST expiring 1/12/2024 with an option
Tenancy B: Tenant vacating on 22nd March. Previously leased for $27,851.16+GST.
Tenancy C: $36,000.00+GST expiring 28/02/2027 with an option
Property virtual walk-thru:
Tenancy A: https://my.matterport.com/show/?m=xbB7JyaAtsX
Tenancy B: https://my.matterport.com/show/?m=hEvi1iXh4rH
Tenancy C: https://my.matterport.com/show/?m=jL53MiBTCkp
For more information or to arrange a private inspection, please contact the exclusive agent Ben Sands on 0432 547 164.
* Approx.
Disclaimer:
RWC has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
Property History for 1/55 Clarence St, Coorparoo, QLD 4151
- 06 Mar 2024Sold for $1,080,000
- 13 Nov 2023Listed for Sale CONTACT AGENT
- 22 Jul 2021Listed for Rent $16,800 / year
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0About Coorparoo 4151
The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2011 was 14,944 people. By 2016 the population was 16,284 showing a population growth of 9.0% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation. In 2011, 52.7% of the homes in Coorparoo were owner-occupied compared with 52.1% in 2016.
Coorparoo has 9,773 properties. Over the last 5 years, Houses in Coorparoo have seen a 78.23% increase in median value, while Units have seen a 89.53% increase. As at 31 October 2024:
- The median value for Houses in Coorparoo is $1,616,708 while the median value for Units is $713,168.
- Houses have a median rent of $650 while Units have a median rent of $550.
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