SOLD
Sold on 09 Nov 2023 for $6,000,000

58 Oldfield Road
Sinnamon Park QLD 4073

Bedrooms: -
Bathrooms: -
Car spaces: 50
Floor area: 46m2
Land area: 4469m2
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Property Details for 58 Oldfield Rd, Sinnamon Park

Building Type
Commercial
Floor Size
46m2
Land Size
4469m2
Local Government
Brisbane
Lot/Plan
10/RP900662

Last Listing description (November 2023)

Elders Commercial Brisbane are pleased to present to the market for lease a prime medical opportunity within a thriving suburban shopping district. The opportunity is located within Sinnamon Park Village, and offers a substantial on-site parking ratio with a strong tenant covenant.

- 270m2 vacant medical opportunity
- Fifty (50) on-site car parks

- Tenants include IGA & Chemist
- Corner opportunity
- Excellent signage & exposure

For more information or to arrange a private inspection, please contact your Elders Commercial Agents today.

Property History for 58 Oldfield Rd, Sinnamon Park, QLD 4073

A timeline of how this property has performed in the market
Last Sold
$6,000,000
09 Nov 2023
Listed for Rent
$135k/w
09 Nov 2023
  • 09 Nov 2023
    Sold for $6,000,000
  • 16 Nov 2022
    Listed for Rent - Price not available
  • 06 Apr 2022
    Listed for Sale $50,000 Plus S.A.V
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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 2,349 properties. Over the last 5 years, Houses in Sinnamon Park have seen a 84.56% increase in median value, while Units have seen a 76.54% increase. As at 31 July 2024:

  • The median value for Houses in Sinnamon Park is $1,345,540 while the median value for Units is $819,828.
  • Houses have a median rent of $750 while Units have a median rent of $605.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Sinnamon park on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Sinnamon park.

Suburb Insights for Sinnamon Park 4073

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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.