OFF MARKET

1 Mcpherson Road
Sinnamon Park QLD 4073

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Land area: 1223m2
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Last updated 11 Nov 2024
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Property Details for 1 Mcpherson Rd, Sinnamon Park

1 Mcpherson Rd, Sinnamon Park is a 3 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 1223m2.

Building Type
House
Land Size
1223m2
Local Government
Brisbane

Last Listing description (May 2022)

LJ Hooker are pleased to present 1-3 Mcpherson Road, Sinnamon Park to the market for immediate sale.

Rarely do freehold assets of this nature appear on the market. Opportunity to buy a freehold residence and run your own swim school, or current business owner will lease back.

* Two Options Available: Freehold investment with 5+ year lease back or Freehold & Business purchase

* Currently operating as swim school in place for over 20 years
* 230sqm approx. building area, House & Swim School
* 1,223sqm Prime Corner Site with development upside (STCA), originally 2 lots
* Current improvements allow 3-4-bedroom house, lounge/dining/kitchen, office, larger observation room, separate bathrooms for residence & Swim School. Completely Separate entrance for Swim School & Residence
* Disabled access to the property through side entrance, 8 on-site car spaces, plus ample street parking
* Recently refurbished swim school outdoor area. Neat and Tidy residence, landscaped gardens, separate living areas, refurbished kitchen
* Various suitable future uses inducing further development upside (STCA)
* Contact Exclusive agent Manoli Nicolas on 0400 082 170 or mnicolas@ljhc.com.au for further details

RESIDENCE: 150sqm
OFFICE: 80sqm
TOTAL BUILDING: 230sqm
LAND AREA: 1,223sqm

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Property History for 1 Mcpherson Rd, Sinnamon Park, QLD 4073

A timeline of how this property has performed in the market
  • 25 Feb 2022
    Listed for Sale Contact Agent

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About Sinnamon Park 4073

The size of Sinnamon Park is approximately 3.1 square kilometres. It has 14 parks covering nearly 16.7% of total area. The population of Sinnamon Park in 2011 was 6,361 people. By 2016 the population was 6,416 showing a population growth of 0.9% in the area during that time. The predominant age group in Sinnamon Park is 40-49 years. Households in Sinnamon Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sinnamon Park work in a professional occupation. In 2011, 79.2% of the homes in Sinnamon Park were owner-occupied compared with 81.2% in 2016.

Sinnamon Park has 2,340 properties. Over the last 5 years, Houses in Sinnamon Park have seen a 72.75% increase in median value, while Units have seen a 82.21% increase. As at 31 October 2024:

  • The median value for Houses in Sinnamon Park is $1,234,445 while the median value for Units is $865,104.
  • Houses have a median rent of $770 while Units have a median rent of $605.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Sinnamon park on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Sinnamon park.

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