SOLD
Sold on 07 Mar 2024 for $2,005,000

3/8 Miller Street
Murarrie QLD 4172

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 516m2
Land area: 545m2
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Property Details for 3/8 Miller St, Murarrie

Building Type
Commercial
Floor Size
516m2
Land Size
545m2
Local Government
Brisbane
Lot/Plan
3/SP109027

Last Listing description (September 2023)

As Exclusive Agents King & Co are pleased to present for sale 3/8 Miller St, Murarrie.

Superbly presented 545sqm corporate office
Prime Murarrie location

Fully leased investment returning $132,378 net p.a plus GST
For Sale $ 2,200,000

Capturing exposure to Creek Road, in the heart of Murarrie is this modern 545sqm two level office building, being sold as a fully leased investment property. Architecturally designed with its striking grass facade the property provides an excellent fit-out including boardroom, multiple light filled offices and open plan work areas, modern kitchen, amenities over each level including a shower, and 12 exclusive car bays adds to its appeal. Leased to a national childcare provider with 60 centres nationwide this property is ideal for the astute investor.

Ref: 17640

Property History for 3/8 Miller St, Murarrie, QLD 4172

A timeline of how this property has performed in the market
Last Sold
$2,005,000
07 Mar 2024
Listed for Rent
$448/w
15 Jul 2019
  • 07 Mar 2024
    Sold for $2,005,000
  • 29 Sep 2023
    Listed for Sale Contact Agent
  • 25 Jul 2022
    Listed for Rent - Price not available
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About Murarrie 4172

The size of Murarrie is approximately 9.4 square kilometres. It has 18 parks covering nearly 10.7% of total area. The population of Murarrie in 2011 was 3,957 people. By 2016 the population was 4,310 showing a population growth of 8.9% in the area during that time. The predominant age group in Murarrie is 30-39 years. Households in Murarrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murarrie work in a professional occupation. In 2011, 65.3% of the homes in Murarrie were owner-occupied compared with 62.8% in 2016.

Murarrie has 2,644 properties. Over the last 5 years, Houses in Murarrie have seen a 82.72% increase in median value, while Units have seen a 56.75% increase. As at 30 September 2024:

  • The median value for Houses in Murarrie is $1,120,944 while the median value for Units is $840,082.
  • Houses have a median rent of $693 while Units have a median rent of $675.
There are currently 19 properties listed for sale, and 15 properties listed for rent in Murarrie on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Murarrie.

Suburb Insights for Murarrie 4172

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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.