SOLD
Sold on 11 Jun 2024 for $638,000

4/55 Mcdougall Street
Milton QLD 4064

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 155m2
Land area: 155m2
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Property Details for 4/55 Mcdougall St, Milton

Building Type
Commercial
Floor Size
155m2
Land Size
155m2
Local Government
Brisbane
Lot/Plan
4/BUP5506

Last Listing description (December 2021)

Key property features:

- Located metres from Park Rd

- Fully furnished with partitioning throughout
- 3 secure car parking bays underneath the building
- Boardroom & meeting rooms
- Walking distance to public transport (ferry 400m), (train 300m) and buses(150m)
- Incentives on offer for longer lease terms

This first floor office space is a good opportunity for a small business to take up home in a sought after location. Park Rd is littered with fantastic restaurants and trendy cafes making it an ideal location for your next move. Staff retention is critical these days and offering a premium location with a full suite of amenities will be a significant advantage for your long term business operation.

For more information or to arrange an inspection call Ray White commercial Milton today.

Property History for 4/55 Mcdougall St, Milton, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$638,000
11 Jun 2024
Listed for Rent
$690/w
16 Dec 2021
  • 11 Jun 2024
    Sold for $638,000
  • 30 Jun 2023
    Transferred for $50,000
  • 06 Aug 2021
    Listed for Rent $36,000 / year
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About Milton 4064

The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2011 was 1,987 people. By 2016 the population was 2,289 showing a population growth of 15.2% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation. In 2011, 34.9% of the homes in Milton were owner-occupied compared with 36.3% in 2016.

Milton has 2,819 properties. Over the last 5 years, Houses in Milton have seen a 31.21% increase in median value, while Units have seen a 28.69% increase. As at 31 October 2024:

  • The median value for Houses in Milton is $1,518,192 while the median value for Units is $630,120.
  • Houses have a median rent of $665 while Units have a median rent of $620.
There are currently 63 properties listed for sale, and 42 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Milton.

Suburb Insights for Milton 4064

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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.