SOLD
Sold on 08 Apr 2024 for $817,000

1137 Ipswich Road
Moorooka QLD 4105

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 223m2
Land area: 417m2
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Property Details for 1137 Ipswich Rd, Moorooka

Building Type
Commercial
Floor Size
223m2
Land Size
417m2
Local Government
Brisbane
Lot/Plan
2/RP37612

Last Listing description (February 2024)

Boasting a sought-after location and a myriad of possibilities, this versatile property presents a rare opportunity for investors and entrepreneurs alike.

Unlock the hidden gem potential of this exceptional commercial property strategically nestled at 1137 Ipswich Road in Moorooka. Boasting a sought-after location and a myriad of possibilities, this versatile property presents a rare opportunity for investors and entrepreneurs alike.

Key Features:

- Strategic Location:
Positioned along the bustling Ipswich Road, this property enjoys high visibility and accessibility. Zoned for light industrial or shops, it offers a versatile canvas for a variety of commercial endeavours, from retail to light manufacturing.

- Residential Potential:
Beyond its commercial appeal, this property features a charming 3-bedroom, 1-bathroom dwelling at the rear. With a separate toilet out the back and ample storage underneath, it provides the added flexibility of residential use, catering to investors or business owners seeking live-work arrangements.

- Renovation Opportunity:
Embrace the opportunity to transform this property into a true showcase of modern design and functionality. While it may require some tender loving care and minor renovations, the property's solid structure and versatile layout offer an ideal foundation for your creative vision to flourish. Whether you're envisioning a sleek commercial space, a cozy residential retreat, or a seamless blend of both, this property beckons with endless possibilities.

- Vacant Possession:
Currently vacant, this property is ready to accommodate your business or investment aspirations without delay. Seize the opportunity to establish your presence in Moorooka's thriving commercial landscape or capitalize on the potential for rental income from both commercial and residential tenants.

- Convenient Amenities:
Situated within proximity to a host of amenities including shops, eateries, and public transport options, the property offers convenience and connectivity in abundance. Its central location ensures easy access to essential services and facilitates seamless operations for businesses of all types.

Don't Miss Out on This Unique Offering!

Whether you're seeking a lucrative investment opportunity, a versatile commercial space, or a combined residential-commercial venture, 1137 Ipswich Road presents an enticing proposition. With its blend of prime location, development potential, and residential charm, this property is primed to become the cornerstone of your success.

Contact us today to arrange a viewing and seize the opportunity to transform your vision into reality.

Property History for 1137 Ipswich Rd, Moorooka, QLD 4105

A timeline of how this property has performed in the market
Last Sold
$817,000
08 Apr 2024
Listed for Rent
$613/w
06 Apr 2021
  • 08 Apr 2024
    Sold for $817,000
  • 06 Feb 2024
    Listed for Sale Offers over $800k
  • 19 Mar 2020
    Listed for Rent - Price not available
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About Moorooka 4105

The size of Moorooka is approximately 4.1 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Moorooka in 2011 was 9,984 people. By 2016 the population was 10,365 showing a population growth of 3.8% in the area during that time. The predominant age group in Moorooka is 30-39 years. Households in Moorooka are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorooka work in a professional occupation. In 2011, 58.1% of the homes in Moorooka were owner-occupied compared with 56.3% in 2016.

Moorooka has 5,631 properties. Over the last 5 years, Houses in Moorooka have seen a 78.44% increase in median value, while Units have seen a 82.22% increase. As at 31 October 2024:

  • The median value for Houses in Moorooka is $1,130,592 while the median value for Units is $630,812.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 37 properties listed for sale, and 21 properties listed for rent in Moorooka on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Moorooka.

Suburb Insights for Moorooka 4105

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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.