OFF MARKET

50 Racecourse Road
Hamilton QLD 4007

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 238m2
Land area: 617m2
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Property Details for 50 Racecourse Rd, Hamilton

Building Type
Commercial
Year Built
1950
Floor Size
238m2
Land Size
617m2
Local Government
Brisbane
Lot/Plan
1/RP43180

Last Listing description (October 2023)

JLL and Ray White Ascot are pleased to present to the market '50 Racecourse Road, Hamilton', a DA approved childcare landholding.

An incoming investor has the opportunity to acquire the Property and further develop the scheme in place, allowing for a 98 place, 3-storey childcare operating from 6:30am 6:30pm Monday to Friday.


Boasting 16m of exposure to the iconic Racecourse Road in Brisbane's affluent inner north, the offering has a well-connected address in one of Brisbane's highest growth corridors.

50 Racecourse Road, Hamilton, is being offered for sale via Expressions of Interest closing Tuesday 18 July, 2023 at 4pm (AEST).

For more Information please get into contact with the exclusive sales agents.

Property History for 50 Racecourse Rd, Hamilton, QLD 4007

A timeline of how this property has performed in the market
Last Sold
$3,000,000
21 Jul 2023
  • 21 Jul 2023
    Sold for $3,000,000
  • 21 Jun 2023
    Listed for Sale Expressions of Interest closing Tuesday 18 July
  • 08 Sep 2021
    Sold for $2,125,000
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About Hamilton 4007

The size of Hamilton is approximately 3.4 square kilometres. It has 8 parks covering nearly 2.5% of total area. The population of Hamilton in 2011 was 4,720 people. By 2016 the population was 7,001 showing a population growth of 48.3% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 53.6% of the homes in Hamilton were owner-occupied compared with 45.5% in 2016.

Hamilton has 6,188 properties. Over the last 5 years, Houses in Hamilton have seen a 46.78% increase in median value, while Units have seen a 57.42% increase. As at 31 October 2024:

  • The median value for Houses in Hamilton is $2,148,530 while the median value for Units is $726,053.
  • Houses have a median rent of $750 while Units have a median rent of $643.
There are currently 43 properties listed for sale, and 27 properties listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 455 properties were sold in the past 12 months in Hamilton.

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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.