SOLD
Sold on 15 Apr 2024 for $2,550,000

1242 Sandgate Road
Nundah QLD 4012

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 430m2
Land area: 238m2
Save

Property Details for 1242 Sandgate Rd, Nundah

Building Type
Commercial
Floor Size
430m2
Land Size
238m2
Local Government
Brisbane
Lot/Plan
1/RP72245

Last Listing description (September 2024)

RWC Queensland alongside Allom Property are proud to present a fully leased freestanding asset in the heart of thriving Nundah Village.

Situated in a highly sought-after location, this property is conveniently positioned on Sandgate Road, providing excellent exposure and easy access for both clients and employees. With its close proximity to major transport links, including the nearby Nundah Train Station and bus stops. A true set and forget asset as the current owner enjoys substantial holding income through till 30 June 2026 across two NDIS tenancies.

Property features:

375 sqm of NLA
238 sqm of land
Rear Car Parking
Net holding income of $192,107.51
Two separate tenancies through till 30 June 30 2026
Help Enterprises also have 2 x 3 year options
Strong Bonds & Securities in place

Location Features:
250m* from Nundah Train Station
200m* from Woolworth's shopping complex
Immediate vicinity to multiple eatery, entertainment and shopping proprietors
15* mins via car to Brisbane CBD
9* mins via car to the Brisbane Airport
4* mins to Highway access North & South bound

For a confidential discussion or inspection please do not hesitate to speak to your exclusive marketing agents: Brocke 0466 599724 or Bruce on 0411 421 709

Property History for 1242 Sandgate Rd, Nundah, QLD 4012

A timeline of how this property has performed in the market
Last Sold
$2,550,000
15 Apr 2024
Listed for Rent
$1.53k/w
09 Apr 2024
  • 15 Apr 2024
    Sold for $2,550,000
  • 21 Feb 2024
    Listed for Sale Contact Agent
  • 29 May 2023
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

About Nundah 4012

The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2011 was 10,386 people. By 2016 the population was 12,150 showing a population growth of 17.0% in the area during that time. The predominant age group in Nundah is 20-29 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation. In 2011, 43.8% of the homes in Nundah were owner-occupied compared with 40% in 2016.

Nundah has 8,271 properties. Over the last 5 years, Houses in Nundah have seen a 61.43% increase in median value, while Units have seen a 81.22% increase. As at 31 October 2024:

  • The median value for Houses in Nundah is $1,116,678 while the median value for Units is $661,500.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 39 properties listed for sale, and 30 properties listed for rent in Nundah on OnTheHouse. According to CoreLogic's data, 532 properties were sold in the past 12 months in Nundah.

Suburb Insights for Nundah 4012

Market Insights
Nundah Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Nundah Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.