5 Cremin StreetUpper Mount Gravatt QLD 4122
Property Details for 2/5 Cremin St, Upper Mount Gravatt
Last Listing description (January 2022)
* The 47sqm retail/commercial office space is located at the ground floor of a modern residential apartment building;
* Tenanted with a 5-year lease and 5-year option;
* 2 secured exclusive parking and lockable storage area.
* 11sqm exclusive outdoor area
* Fast growth area and just a stone throws away from Westfield Garden City;
* Easy access to public transport and major arterial roads including Kessels Road, M1 and M3
PRICE: Contact Agent
BUILDING AREA: 47 sqm
Location
Upper Mount Gravatt is 10km from Brisbane's CBD. It is considered to be one of the closest business centres to Brisbane City. With it's close proximity to the major arterials including the South East Freeway and the M1. The area is well known for its major retail and shopping centres such as Garden City and also surrounded by corporate business offices. Many companies have moved from the City to Upper Mount Gravatt for its convenience and access-friendly for both clients and staff. The area is currently experiencing further expansion with the new shopping complex and some new office developments due to demand.
Property History for 2/5 Cremin St, Upper Mount Gravatt, QLD 4122
- 04 Mar 2021Sold for $800,000
- 08 Sep 2020Listed for Sale $376,000
- 07 Aug 2017Sold for $990,000
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0About Upper Mount Gravatt 4122
The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.
Upper Mount Gravatt has 5,462 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 76.49% increase in median value, while Units have seen a 52.44% increase. As at 31 December 2024:
- The median value for Houses in Upper Mount Gravatt is $1,110,741 while the median value for Units is $614,620.
- Houses have a median rent of $650 while Units have a median rent of $643.
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