44 Douglas StreetMilton QLD 4064
Property Details for 44 Douglas St, Milton
Last Listing description (August 2024)
Here is your opportunity to invest, develop or occupy in a terrific freehold site in Milton.
Key Features:
- Circa $530,000 net return from over 20 tenants including retail, warehouse and office space
- Land area of 3,081 m2 with 30 car spaces
- Lettable area of 2,310 m2 including multiple use classes
- Surrounded by an abundance of amenities including Milton Village, Park Road Precinct, Rosalie Village and Suncorp Stadium - 1km from the city and straight onto the M1 Motorway.
- Major developers Kokoda' and Shayher group are active in Milton with eye catching new mixed-use developments, outlining the area for further gentrification and growth
Property History for 44 Douglas St, Milton, QLD 4064
- 24 Jun 2024Sold for $9,500,000
- 23 Oct 2023Listed for Sale For Sale
- 16 May 2023Listed for Sale $15,000,000
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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 2,853 properties. Over the last 5 years, Houses in Milton have seen a 44.50% increase in median value, while Units have seen a 31.78% increase. As at 31 August 2024:
- The median value for Houses in Milton is $1,641,426 while the median value for Units is $654,973.
- Houses have a median rent of $750 while Units have a median rent of $620.
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