OFF MARKET

3/231 Holt Street
Pinkenba QLD 4008

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2369m2
Land area: 2673m2
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Property Details for 3/231 Holt St, Pinkenba

Building Type
Commercial
Floor Size
2369m2
Land Size
2673m2
Local Government
Brisbane
Lot/Plan
3/GTP105819

Last Listing description (July 2018)

Formally seeking Expressions of Interest closing Wednesday 2nd May.
On behalf of the Sellers, Savills are pleased to present the following unique proposition to market for Sale.
Building 3 offers a freehold building within a boutique estate in the Trade Coast that is ideally suited for owner occupiers *(subject to tenant surrendering) or investors who can recognise unlocking an outstanding purchase with a twist.

Positioned in one of Brisbane s most enviable locations only 8kms to Brisbane CBD, the 2,369sq m* GFA building is currently occupied with a 6 + 5 + 5 year lease in place. The lease with circa 2.5 years remaining is currently returning a Net income of $256,392 pa. Whilst the building is occupied, we are encouraging owner occupiers to also participate, as the tenant will relocate in the event an occupier purchases the property. The building is earmarked for substantial renovations shortly and can be made ready for occupation if required within 60 days notice.
Contact Savills as exclusive marketing agents today to request a copy of the IM outlining the full details of the opportunity.
Will be sold and expectations are potentially one of the best buys and highest returns for 2018.
*approx.

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Property History for 3/231 Holt St, Pinkenba, QLD 4008

A timeline of how this property has performed in the market
Last Sold
$2,700,000
13 Jun 2018
  • 13 Jun 2018
    Sold for $2,700,000
  • 09 Jan 2018
    Listed for Sale Expressions of Interest closing Wednesday 2nd May
  • 14 Mar 2014
    Sold for $2,200,000
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About Pinkenba 4008

The size of Pinkenba is approximately 15.8 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Pinkenba in 2011 was 349 people. By 2016 the population was 375 showing a population growth of 7.4% in the area during that time. The predominant age group in Pinkenba is 50-59 years. Households in Pinkenba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pinkenba work in a machinery operators and drivers occupation. In 2011, 59.2% of the homes in Pinkenba were owner-occupied compared with 55.7% in 2016.

Pinkenba has 576 properties. Over the last 5 years, Houses in Pinkenba have seen a 62.03% increase in median value, while Units have seen a 25.90% increase. As at 31 October 2024:

  • The median value for Houses in Pinkenba is $758,282 while the median value for Units is $856,132.
  • Houses have a median rent of $413.
There are currently 18 properties listed for sale, and 8 properties listed for rent in Pinkenba on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Pinkenba.

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