SOLD
Sold on 20 Dec 2023 for $3,700,000

22 Harries Road
Coorparoo QLD 4151

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1147m2
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Property Details for 22 Harries Rd, Coorparoo

Building Type
Commercial
Land Size
1147m2
Local Government
Brisbane
Lot/Plan
1/RP139450

Last Listing description (September 2023)

FAL Property Group is pleased to present this unique opportunity to secure 1,147sqm of prime land and 998sqm of building in the heart of Coorparoo's retail, residential and light-industrial precinct. This property offers an opportunity for developers who are interested in repositioning the site; or to owner occupiers who would like to occupy 565sqm which becomes available on 1 July 2023 whilst having holding income from the two other tenancies.

Alternatively there is a great upside for savvy investors to lease the upcoming vacancy at market rent and increase the rate per sqm currently achieved by the outgoing tenant. This site provides an array of upsides.

The property is located across the Coorparoo Square Shopping Centre and Coorparoo Marketplace boosting major retailers such as Dendy, Aldi, Coles, and Woolworths. The property is next to the major arterial Old Cleveland Road; and is only 5.7km away from the CBD. The Pacific Motorway is also only 1.7km away.

- New ducted air-conditioning unit in the office of Tenancy A
- Located in the heart of the Retail precinct
- DC2 Zoning
- Flood Free incl 1974, 2011, 2022
- Opportunity to redevelop from Nov 2024
- Owner-occupier opportunity for 565sqm office/warehouse

For more information or to arrange an inspection please contact Exclusive agents FAL Property Group

Property History for 22 Harries Rd, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
Last Sold
$3,700,000
20 Dec 2023
Listed for Rent
$141k/w
18 Sep 2023
  • 20 Dec 2023
    Sold for $3,700,000
  • 29 Mar 2023
    Listed for Sale Newly Listed
  • 09 Oct 2019
    Listed for Rent - Price not available
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About 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 9,837 properties.

    There are currently 34 properties listed for sale, and 27 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in Coorparoo.

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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.