38 Eastern Service RoadStapylton QLD 4207
Property Details for Lot 5/38 Eastern Service Rd, Stapylton
Last Listing description (November 2024)
Peter Laoudikos from RWC is excited to present 5/38 Eastern Services Rd, Stapylton, QLD. Properties of this size, calibre and location are rarely made on offer and with the tenants lease ending on the 31/10/24 provides investors with the perfect opportunity to negotiate a long term lease at market rent or for owner occupancy immediately after providing notice to the tenant. Currently paying $85,002.66* per annum, the property is currently rented below the market rate of $180-$190 net PLUS GST PLUS Outgoings per m2 of approved NLA.
Key features of Unit 5 include:
- 656m* of total floor area
- Lease ending 31/10/24 provides immediate rental upside or vacant possession
- Dual Industrial height roller doors + 2 x pedestrian access doors
- Ceiling height over 7m
- Multiple bathrooms & basic kitchenette
- 10 car parks
- Tenant occupies two units in the complex provides incentive to negotiate and stay on long term
- Owners genuine about selling
* Approx.
Disclaimer:
RWC has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
Property History for Lot 5/38 Eastern Service Rd, Stapylton, QLD 4207
- 01 Oct 2024Listed for Sale Sale by Negotiation
- 10 Nov 2008Sold for $643,500
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0About Stapylton 4207
The size of Stapylton is approximately 15 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Stapylton in 2011 was 446 people. By 2016 the population was 434 showing a population decline of 2.7% in the area during that time. The predominant age group in Stapylton is 30-39 years. Households in Stapylton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stapylton work in a trades occupation. In 2011, 34.2% of the homes in Stapylton were owner-occupied compared with 36.7% in 2016.
Stapylton has 559 properties. Over the last 5 years, Houses in Stapylton have seen a 73.24% increase in median value, while Units have seen a 131.06% increase. As at 31 October 2024:
- The median value for Houses in Stapylton is $1,144,278 while the median value for Units is $463,947.
- Houses have a median rent of $450 while Units have a median rent of $280.
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