• 1,072sqm* Office / Warehouse facility
• Currently returning $205,538 pa net + outgoings + GST
• Leased to 2 tenants. Leases expire May 2024
The property is located within a highly desirable pocket of Stafford, just 12 minutes from the Brisbane CBD and airport. With the Fortitude Valley only an 8 minutes drive, Stafford provides an exceptional fringe alternative for near city occupiers. With Stafford rapidly gentrifying, we are seeking interest from a broad range of users.
The property will be sold via in-room auctions held at 337 Gympie Road, Kedron at 11am on Wednesday the 13th of March (if not sold prior).
For further information or to arrange an inspection contact your exclusive Raine & Horne Commercial agents.
Listing ID: 1111404
The size of Stafford is approximately 3.4 square kilometres. It has 12 parks covering nearly 20.7% of total area. The population of Stafford in 2011 was 6,041 people. By 2016 the population was 6,544 showing a population growth of 8.3% in the area during that time. The predominant age group in Stafford is 20-29 years. Households in Stafford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stafford work in a professional occupation. In 2011, 53.2% of the homes in Stafford were owner-occupied compared with 47.8% in 2016.
Stafford has 3,633 properties. Over the last 5 years, Houses in Stafford have seen a 81.67% increase in median value, while Units have seen a 64.19% increase. As at 31 July 2024:
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