SOLD
Sold on 29 Jan 2024 for $900,000

10/191 Hedley Avenue
Hendra QLD 4011

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 225m2
Land area: 180m2
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Property Details for 10/191 Hedley Ave, Hendra

Building Type
Commercial
Year Built
2006
Floor Size
225m2
Land Size
180m2
Local Government
Brisbane
Lot/Plan
10/SP183365

Last Listing description (February 2024)

Centrally located in Hendra is this dual tenancy, commercial office building with two tenants. Features of this opportunity include:
- 225sqm* high quality commercial office building featuring two fully leased tenancies
- Ground level 110sqm* tenancy leased to Berkshire Hathaway owned International Tenant Braemac Pty Ltd for $30,000pa + Outgoings + GST. Braemac has been a Tenant in the building for 17 years and has no intention of leaving. Fresh 3 year lease issued.

- First level 115sqm* tenancy leased to Vivid Property Services for $32,608.20pa* + Outgoings + GST. This Tenant is on a periodic tenancy agreement allowing the ability for a buyer to occupy the tenancy.
- Combined Annual Net Income $62,608.20pa* + Outgoings + GST
- Unit 10 features two kitchenettes and three bathrooms across the two tenancies
- Five (5) exclusive car spaces allocated to the building
- Very close to the Gateway Motorway and Brisbane Airport, easy commute to Brisbane CBD
(*approx.)

Sale Price: $900,000 (GST Exempt - Going Concern)

Contact EXCLUSIVE AGENTS Jared Doyle or Jack Gwyn of RWC Gateway to arrange an inspection

Property History for 10/191 Hedley Ave, Hendra, QLD 4011

A timeline of how this property has performed in the market
Last Sold
$900,000
29 Jan 2024
Listed for Rent
$529/w
15 Oct 2014
  • 29 Jan 2024
    Sold for $900,000
  • 29 Nov 2023
    Listed for Sale $900,000 (GST Exempt - Going Concern)
  • 17 May 2016
    Sold for $660,000
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About Hendra 4011

The size of Hendra is approximately 2.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Hendra in 2011 was 4,416 people. By 2016 the population was 4,605 showing a population growth of 4.3% in the area during that time. The predominant age group in Hendra is 40-49 years. Households in Hendra are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hendra work in a professional occupation. In 2011, 69.5% of the homes in Hendra were owner-occupied compared with 72.1% in 2016.

Hendra has 2,241 properties.

    There are currently 23 properties listed for sale, and 12 properties listed for rent in Hendra on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Hendra.

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    Contact agent
    Jack Gwyn
    Show contact details
    Jared Doyle
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    RWC Gateway
    Preferred contact:
    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.