SOLD
Sold on 26 Jul 2024 for $500,000

2 Burnham Street
Forest Hill QLD 4342

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1098m2
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Property Details for 2 Burnham St, Forest Hill

Building Type
Commercial
Land Size
1098m2
Local Government
Lockyer Valley Regional
Lot/Plan
3/RP138858

Last Listing description (October 2024)

Luckily for you we have just the property!! Great corner block with main road frontage as well as side street access with large shed.

Owned by the same family since being built, this property was once a thriving service station and mechanical business and could be again if you were wanting to take the leap and go out on your own, or have a base for your mobile mechanical business.

The shed is a 16m x 12m with a 3m storage area, office and awning over the bowsers (still intact). There is a fully lined office space. The shed is powered with three phase power and has multiple points throughout the shed. The block itself is 1098m2 and is either fully bitumen or concreted.

Currently rented at $500 per week, hold onto the property as an investment, or until you wanted to move into it.

There is a myriad of uses for this property, only limited by your imagination, so don't miss the opportunity to purchase today!

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Property History for 2 Burnham St, Forest Hill, QLD 4342

A timeline of how this property has performed in the market
Last Sold
$500,000
26 Jul 2024
  • 02 Aug 2024
    Listed for Sale Offers Over $500,000
  • 26 Jul 2024
    Sold for $500,000
  • 20 Feb 2024
    Listed for Sale Offers Over $500,000
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About Forest Hill 4342

The size of Forest Hill is approximately 26.7 square kilometres. The population of Forest Hill in 2011 was 730 people. By 2016 the population was 970 showing a population growth of 32.9% in the area during that time. The predominant age group in Forest Hill is 20-29 years. Households in Forest Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forest Hill work in a labourer occupation. In 2011, 67.5% of the homes in Forest Hill were owner-occupied compared with 58.7% in 2016.

Forest Hill has 475 properties. Over the last 5 years, Houses in Forest Hill have seen a 131.22% increase in median value, while Units have seen a -58.40% decrease. As at 30 November 2024:

  • The median value for Houses in Forest Hill is $598,152 while the median value for Units is $236,252.
  • Houses have a median rent of $440.
There are currently 11 properties listed for sale, and 1 property listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Forest hill.

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