SOLD
Sold on 22 Sep 2023 for $1,170,000

3/52 Fulcrum Street
Richlands QLD 4077

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 587m2
Land area: 587m2
Sold By
Harry Egan
Ray White Commercial (Southwest)
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Property Details for 3/52 Fulcrum St, Richlands

Building Type
Commercial
Floor Size
587m2
Land Size
587m2
Local Government
Brisbane
Lot/Plan
3/BUP105794

Last Listing description (October 2023)

Ray White Commercial Southwest are proud to exclusively present 3/52 Fulcrum Street, Richlands to the market For Sale via Offers to Purchase.

Key Property Features:

587sqm of GFA
Concrete Tilt Panel Construction
Corporate office accommodation over two levels
Excellent internal height
Container Height Roller Door

Investment Details:
Tenant : Bev-Tech Engineering
Price: $61,635 Net + GST Per Annum (Below Market Rates)
Term: 3 + 3 Year Lease
Increases: Fixed 3% Increases
Outgoings: Tenant pays all outgoings including Land Tax

For more information or to arrange an inspection, please contact the Exclusive Agent at Ray White Commercial Southwest.

All items are approx.

Property History for 3/52 Fulcrum St, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$1,170,000
22 Sep 2023
Listed for Rent
14 Nov 2019
  • 22 Sep 2023
    Sold for $1,170,000
  • 11 Sep 2023
    Listed for Sale Price on Application
  • 21 Aug 2020
    Sold for $830,000
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About Richlands 4077

The size of Richlands is approximately 5 square kilometres. It has 5 parks covering nearly 8% of total area. The population of Richlands in 2011 was 2,077 people. By 2016 the population was 3,606 showing a population growth of 73.6% in the area during that time. The predominant age group in Richlands is 20-29 years. Households in Richlands are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richlands work in a professional occupation. In 2011, 43.2% of the homes in Richlands were owner-occupied compared with 31.7% in 2016.

Richlands has 2,902 properties. Over the last 5 years, Houses in Richlands have seen a 84.17% increase in median value, while Units have seen a 78.76% increase. As at 31 July 2024:

  • The median value for Houses in Richlands is $762,041 while the median value for Units is $565,105.
  • Houses have a median rent of $568 while Units have a median rent of $550.
There are currently 19 properties listed for sale, and 23 properties listed for rent in Richlands on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Richlands.

Suburb Insights for Richlands 4077

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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.