SOLD
Sold on 09 Apr 2024 for $770,000

6 Lincoln Street
Strathpine QLD 4500

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 405m2
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Property Details for 6 Lincoln St, Strathpine

Building Type
Commercial
Land Size
405m2
Local Government
Moreton Bay
Lot/Plan
171/RP95236

Last Listing description (May 2024)

Multi-Tenanted Freehold Investment in Strathpine

Situated on Lincoln Street, Strathpine is this 405m* site holding a 178m* retail/commercial building. The property holds three tenancies which are fully tenanted with an income of $47,740.02* PA + Outgoings + GST. It is located within close proximity to Gympie Road which allows for ease of access to the Bruce Highway and other key commercial precincts.

Key Features:

- 405m* Freehold Site
- Three Tenancies Split Across a 178m* Retail/Commercial Building
- Fully Tenanted with a Holding Income of $47,740.02* Per Annum
- 4km* from the Bruce Highway
- Located off of Gympie Road
- Ease of Access to North Lakes, Brendale & Other Key Commercial Locations

*Approximately

For further information or to arrange an inspection, please feel free to contact the Exclusive Agents at NAI Harcourts Pinnacle.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 6 Lincoln St, Strathpine, QLD 4500

A timeline of how this property has performed in the market
Last Sold
$770,000
09 Apr 2024
Listed for Rent
$32/w
13 Feb 2023
  • 09 Apr 2024
    Sold for $770,000
  • 19 Jan 2024
    Listed for Sale Offers to Purchase
  • 30 Nov 2023
    Listed for Sale EXPRESSIONS OF INTEREST
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About Strathpine 4500

The size of Strathpine is approximately 7.2 square kilometres. It has 27 parks covering nearly 17.8% of total area. The population of Strathpine in 2011 was 9,276 people. By 2016 the population was 9,512 showing a population growth of 2.5% in the area during that time. The predominant age group in Strathpine is 30-39 years. Households in Strathpine are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Strathpine work in a clerical occupation. In 2011, 73.1% of the homes in Strathpine were owner-occupied compared with 71.5% in 2016.

Strathpine has 4,878 properties. Over the last 5 years, Houses in Strathpine have seen a 87.09% increase in median value, while Units have seen a 80.01% increase. As at 31 July 2024:

  • The median value for Houses in Strathpine is $747,769 while the median value for Units is $480,773.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 33 properties listed for sale, and 21 properties listed for rent in Strathpine on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Strathpine.

Suburb Insights for Strathpine 4500

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NAI Harcourts Pinnacle Aspley
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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.