SOLD
Sold on 29 Dec 2023 for $260,000

3/220 Mount Glorious Road
Samford Valley QLD 4520

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 78m2
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Property Details for 3/220 Mount Glorious Rd, Samford Valley

Building Type
Commercial
Year Built
2000
Land Size
78m2
Local Government
Moreton Bay
Lot/Plan
3/BUP105515

Last Listing description (February 2022)

Ray White Commercial Northern Corridor Group is pleased to present to the market 2&3/220 Mount Glorious Road, Samford Valley for sale.

This quaint commercial space has been home to a pillar of the local community for many year - The Brisbane Performing Arts Academy.


Property Features:

- Current lease until 31 December 2021
- Current annual net income $26,520
- Expected market rent $33,530 net per annum ($215m2*)
- 156m2* of fitted out dance studio
- Concrete floor with removable sprung floor overlay
- Formal entrance & seating area
- Ample complex and off-street parking
- Air-conditioned throughout
- Each unit is on it's own Title and can be separated, providing potential to lease out both units or utilise one and rent out the other

For further property information, or to arrange an inspection, please contact Brocke Hambrecht & Josh O'Brien.

*Approximately

Property History for 3/220 Mount Glorious Rd, Samford Valley, QLD 4520

A timeline of how this property has performed in the market
Last Sold
$260,000
29 Dec 2023
  • 29 Dec 2023
    Sold for $260,000
  • 29 Jun 2021
    Listed for Sale $479,000
  • 27 Jan 2000
    Sold for $123,500
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About Samford Valley 4520

The size of Samford Valley is approximately 20.5 square kilometres. It has 30 parks covering nearly 24.2% of total area. The population of Samford Valley in 2011 was 3,044 people. By 2016 the population was 3,076 showing a population growth of 1.1% in the area during that time. The predominant age group in Samford Valley is 50-59 years. Households in Samford Valley are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Samford Valley work in a professional occupation. In 2011, 93% of the homes in Samford Valley were owner-occupied compared with 94.9% in 2016.

Samford Valley has 1,170 properties.

    There are currently 9 properties listed for sale, and 1 property listed for rent in Samford valley on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Samford valley.

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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.