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Sold on 04 Nov 2024 - Price Unavailable

232 Oxley Road
Graceville QLD 4075

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 306m2
Land area: 1432m2
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This property is currently on the market
Occupy, Invest, Develop! Prominent Brisbane Corner
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Property Details for 232 Oxley Rd, Graceville

Building Type
Commercial
Floor Size
306m2
Land Size
1432m2
Local Government
Brisbane
Lot/Plan
3/RP119249

Last Listing description (November 2024)

RWC Queensland & RWC Retail are proud to present 232 Oxley Road, Graceville for sale via Expressions of Interest closing Wednesday 7th August at 4pm (AEST).

|What|
• A freestanding 306sqm* building (including the 58sqm* mezzanine area), that was formerly the home of healthcare tenant 'The Australian Pterygium Centre'

• Offered Vacant Possession with an existing high-quality fitout for any incoming owner-occupier or investor
• Ideally suited to healthcare, allied health and family office tenants, with 11 on-site car parks
• Underlying development upside, with an 81-place childcare centre pending approval and residential subdivision potential

|Where|
• Irreplaceable and prominently positioned 1,432sqm* corner site with two-street frontage of 73m*
• 7km* South-West of the Brisbane CBD in the affluent catchment of Graceville
• A key thoroughfare for traffic travelling between Brisbane's South-West to Indooroopilly and the Brisbane CBD - almost all of which passes the subject property
• Well-positioned amongst surrounding amenity, with 3 schools within 1km* along with multiple sporting clubs and is directly opposite a 6-bowser Service Station.

|Why|
• Unbeatable exposure to over 217,000^ vehicles weekly.
• Exceptionally connected along major traffic corridors Oxley Road & Graceville Avenue, and further serviced by two train lines and by bus stops immediately out front of the property.
• With limited commercial space within Graceville, especially at the scale of 232 Oxley Road, this investment offers an unrivalled opportunity to reposition and re-lease the site as an investment.

|Inspections|
Tuesday, 16 July: 2.00pm-2.30pm
Thursday, 18 July: 2.00pm-2.30pm
Tuesday, 23 July: 2.00pm-2.30pm
Thursday, 25 July: 2.00pm-2.30pm
Tuesday, 30 July: 2.00pm-2.30pm
Thursday, 01 August: 2.00pm-2.30pm
Tuesday, 06 August: 2.00pm-2.30pm

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Property History for 232 Oxley Rd, Graceville, QLD 4075

A timeline of how this property has performed in the market
Last Sold
04 Nov 2024
  • 04 Nov 2024
    Sold
  • 10 Jul 2024
    Listed for Sale EOI Closing 7th August at 4pm (AEST).
  • 30 Aug 2021
    Sold for $2,600,000
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About Graceville 4075

The size of Graceville is approximately 2.1 square kilometres. It has 8 parks covering nearly 17.7% of total area. The population of Graceville in 2011 was 4,213 people. By 2016 the population was 4,637 showing a population growth of 10.1% in the area during that time. The predominant age group in Graceville is 40-49 years. Households in Graceville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Graceville work in a professional occupation. In 2011, 75.1% of the homes in Graceville were owner-occupied compared with 74.4% in 2016.

Graceville has 1,886 properties. Over the last 5 years, Houses in Graceville have seen a 62.82% increase in median value, while Units have seen a 67.10% increase. As at 31 October 2024:

  • The median value for Houses in Graceville is $1,476,753 while the median value for Units is $708,176.
  • Houses have a median rent of $850 while Units have a median rent of $535.
There are currently 22 properties listed for sale, and 5 properties listed for rent in Graceville on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Graceville.

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Tom Barr
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