33 Carberry StreetGrange QLD 4051
Property Details for 33 Carberry St, Grange
Last Listing description (November 2023)
Huge Rental and Capital Growth upsides!
Situated in the heart of Grange is this fully leased retail commercial investment opportunity. Located on the corner of Carberry Street and Thomas Street is this single level complex with 6 tenancies currently in place.
Anchored by a brand new Jetts tenant and surrounded by substantial amount of residential housing in a suburb where the median house price is $1,610,000 and adjacent to the Wilston State High School, this is a highly sought-after property. With low rentals, large rental annual increases forecasted, this is a prime opportunity to purchase now with substantial upside year on year.
The building offers 6 tenancies totalling 747m2 on approximately 1,275m2 of land. Ample on street and underground common parking. This is a unique opportunity to pick up a site situated in a high-growth area.
This property is prime investment for repositioning and in the process will see substantial capital growth and rental returns. Do not miss a great opportunity based on face value.
Contact the Exclusive Agents to discuss this investment opportunity today.
Property History for 33 Carberry St, Grange, QLD 4051
- 02 Aug 2023Sold for $3,300,000
- 09 Mar 2023Listed for Sale For Sale - All offers presented!
- 21 Sep 2021Listed for Sale Price on Application
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About Grange 4051
The size of Grange is approximately 1.8 square kilometres. It has 8 parks covering nearly 24.4% of total area. The population of Grange in 2011 was 4,163 people. By 2016 the population was 4,296 showing a population growth of 3.2% in the area during that time. The predominant age group in Grange is 40-49 years. Households in Grange are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grange work in a professional occupation. In 2011, 70.9% of the homes in Grange were owner-occupied compared with 74.1% in 2016.
Grange has 1,806 properties.
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