1/5-7 Bayswater RoadHyde Park QLD 4812
Property Details for 1/5-7 Bayswater Rd, Hyde Park
Last Listing description (March 2019)
This tenancy is in great condition and would suit a number of medical users who need a large tenancy. This 486m2 vacancy has been used for a medical centre for a numbers of years and is now ready for immediate lease. A full refurbishment of the tenancy has just been complete with new lighting and a blank shell ready to go.
It is located amongst a host of medical users in the Hyde Park area and it is also close to major shopping centres, private school and adjoining the Mater Hospital. The tenancy could also be split to allow for smaller medical users as well.
There is ample basement parking in the building plus it enjoys a diverse tenant mix with several medical users in the property plus a coffee shop on the ground floor. Incentives will be available for long term tenants so to arrange an inspection contact Colliers International.
Property History for 1/5-7 Bayswater Rd, Hyde Park, QLD 4812
- 07 Oct 2021Sold for $6,500,000
- 04 Mar 2019Listed for Rent $170,100 / year
- 12 Apr 2018Listed for Rent $170,100 / year
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About Hyde Park 4812
The size of Hyde Park is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.3% of total area. The population of Hyde Park in 2011 was 1,425 people. By 2016 the population was 1,374 showing a population decline of 3.6% in the area during that time. The predominant age group in Hyde Park is 30-39 years. Households in Hyde Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation. In 2011, 47.9% of the homes in Hyde Park were owner-occupied compared with 49.3% in 2016.
Hyde Park has 933 properties. Over the last 5 years, Houses in Hyde Park have seen a 61.34% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:
- The median value for Houses in Hyde Park is $504,398 while the median value for Units is $287,957.
- Houses have a median rent of $400 while Units have a median rent of $345.
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