SOLD
Sold on 06 Dec 2023 for $479,000

240 New Cleveland Road
Tingalpa QLD 4173

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 95m2
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Property Details for 3/240 New Cleveland Rd, Tingalpa

Building Type
Commercial
Land Size
95m2
Local Government
Brisbane
Lot/Plan
3/SP295463

Last Listing description (October 2023)

- 115sqm* tilt panel, industrial warehouse unit constructed in 2018*
- 67sqm* warehouse / ground floor area, electric container height roller door
- 28sqm* original mezzanine office + 20sqm* of additional mezzanine office installed by the last tenant

- Both mezzanine areas are air conditioned
- Solar system installed for the benefit of the tenant
- Individually power & water metered
- Kitchenette & bathroom amenities including a shower
- Secure complex with numerous CCTV cameras
- Ideally located 2.5km* from the Gateway Motorway, walk to local amenities
- Available upon short notice!

- Lease Price: $35,000 p.a. + GST (gross lease = includes outgoings)
- Sale Price: $540,000 + GST

Note: current photos don't show the mezzanine extension
(*approx.)

Please contact the Exclusive Marketing Agents Jared Doyle or Jack Gwyn of RWC Gateway.

Property History for 3/240 New Cleveland Rd, Tingalpa, QLD 4173

A timeline of how this property has performed in the market
Last Sold
$479,000
06 Dec 2023
Listed for Rent
$671/w
19 Dec 2023
  • 06 Dec 2023
    Sold for $479,000
  • 06 Sep 2023
    Listed for Sale Contact Agent
  • 06 Sep 2023
    Listed for Sale Contact Agent
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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 3,898 properties. Over the last 5 years, Houses in Tingalpa have seen a 81.83% increase in median value, while Units have seen a 100.02% increase. As at 31 October 2024:

  • The median value for Houses in Tingalpa is $972,223 while the median value for Units is $701,693.
  • Houses have a median rent of $680 while Units have a median rent of $460.
There are currently 22 properties listed for sale, and 14 properties listed for rent in Tingalpa on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Tingalpa.

Suburb Insights for Tingalpa 4173

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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.