1795 Wynnum RoadTingalpa QLD 4173
Property Details for 1795 Wynnum Rd, Tingalpa
Last Listing description (October 2020)
YOU are viewing an exciting opportunity to secure a fully fitted restaurant in the heart of Tingalpa. Located in The Moreton Town Shopping Centre on the cnr Wynnum Road & Bognor Street, this tenancy is for lease, with the business itself also available for purchase. Join this thriving centre, being alongside Chemist Warehouse, BWS, Medical Centre, Bakery, Sushi, Swimart Pool Shop, Aldi and 51x onsite car parking spaces.
Features:
- Currently trading 5x days (closed Mon/Tues) with $25-30K/wk gross revenue
- Population of 60,000+ in surrounds (Wynnum, Cannon Hill & Carina)
- Average income: $90,000 pa | Average HH: full-time empl couples with children
OPTION 1: Buy Business: $250,000 | Lease: $7,500/mth + GST*
OPTION 2: Stock purchase (circa $25,000) | Lease: $10,000/mth + GST*
OPTION 3: By negotiation; submit offers
* Quoted rates based on 10 year lease term
Call Exclusive agent Jeremy Conybeare of FAL Property Group today.
Property History for 1795 Wynnum Rd, Tingalpa, QLD 4173
- 10 Jul 2024Sold for $13,000,000
- 12 Sep 2019Listed for Rent - Price not available
- 25 Jun 2019Listed for Rent - Price not available
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About Tingalpa 4173
The size of Tingalpa is approximately 8.9 square kilometres. It has 23 parks covering nearly 32.9% of total area. The population of Tingalpa in 2011 was 8,539 people. By 2016 the population was 8,294 showing a population decline of 2.9% in the area during that time. The predominant age group in Tingalpa is 30-39 years. Households in Tingalpa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tingalpa work in a professional occupation. In 2011, 70.5% of the homes in Tingalpa were owner-occupied compared with 71% in 2016.
Tingalpa has 3,889 properties. Over the last 5 years, Houses in Tingalpa have seen a 80.94% increase in median value, while Units have seen a 96.33% increase. As at 30 September 2024:
- The median value for Houses in Tingalpa is $967,293 while the median value for Units is $687,104.
- Houses have a median rent of $680 while Units have a median rent of $500.
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