OFF MARKET

20 Main Road
Wellington Point QLD 4160

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
Land area: 405m2
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Last updated 15 Jul 2024
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Property Details for 20 Main Rd, Wellington Point

Building Type
Commercial
Floor Size
98m2
Land Size
405m2
Local Government
Redland
Lot/Plan
10/RP14178

Last Listing description (August 2021)

This is 405m2 of real estate GOLD in one of Australias top Bayside locations

Nestled on the Main Road heading out to the point, this is an incredible location for any business to be seen.

Live in the townhouse out the back and collect a solid income from the front shop or invest your money wisely and rent them both out.

Now could be a great time to capitalise on the surging Brisbane market for sure.

Stunning parks, boat ramps, walkways and cycle paths down to the waters edge are all just a handful of footsteps from your new property, all the natural beauty of King Island and Moreton Bay are literally right there for you and your customers to enjoy. Brisbane City, the airport and the Gold Coast are within a 45 minute drive.

There are three train stations within 5 mins and some of the best, most prestigious schools in Qld are right on your doorstep.

The townhouse enjoys two living areas and three bedrooms, plus two bathrooms and a fabulous solid timber kitchen. Theres timber decks from each level and the outlook is private and quiet.

This townhouse certainly enjoys the 'holiday feel' being right on the point, surrounded by our precious bay & islands.

The 82m2 commercial space that fronts Main Road is currently leased to a well established Hair & Beauty tenant until May 2024, returning approximately $33,162 per annum plus outgoings, plus GST, plus CPI increase first day of each succeeding year. The shop has been recently refurbished and provides excellent presentation, along with great signage & exposure to the always highly sought after Main Road (PLEASE *NOTE - THE CURRENT BUSINESS IS A VERY SUCCESSFUL BUSINESS AND NOT FOR SALE)

The townhouse currently receives approximately $430 per week. This should rise to approximately $450 per week at the next review.

Combined annual income of approximately $55,522 plus outgoings and PLUS GST.

Contact Peter Houliston-Hooly or Jonathon Burrowes to arrange your private inspection.

Inspections are 8:30 am only Tuesday to Friday, with limited appointments on Mondays when the salon is closed, so as not to disturb clients undergoing personal treatments. Thank you for understanding.

- 3 bedroom, 2 bathroom townhouse at rear of block
- Multiple indoor/outdoor living zones to townhouse
- 82m2 recently refurbished commercial space
- Sought after position with excellent exposure
- Footsteps to water's edge, parkland and boat ramp
- Two private treatment rooms
- 3 train stations within 5 mins
- Access to the best schools in Qld

Australia is the land of opportunity - call today!

Property History for 20 Main Rd, Wellington Point, QLD 4160

A timeline of how this property has performed in the market
Last Sold
$850,000
09 Jun 2021
Listed for Rent
$410/w
23 Jan 2018
  • 09 Jun 2021
    Sold for $850,000
  • 06 May 2021
    Listed for Sale PROPERTY PREVIEW
  • 23 Jan 2018
    Listed for Rent - Price not available
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About Wellington Point 4160

The size of Wellington Point is approximately 9.7 square kilometres. It has 48 parks covering nearly 34.3% of total area. The population of Wellington Point in 2011 was 11,787 people. By 2016 the population was 12,332 showing a population growth of 4.6% in the area during that time. The predominant age group in Wellington Point is 50-59 years. Households in Wellington Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wellington Point work in a professional occupation. In 2011, 77.1% of the homes in Wellington Point were owner-occupied compared with 76.3% in 2016.

Wellington Point has 5,349 properties. Over the last 5 years, Houses in Wellington Point have seen a 81.91% increase in median value, while Units have seen a 75.08% increase. As at 30 September 2024:

  • The median value for Houses in Wellington Point is $1,177,035 while the median value for Units is $694,024.
  • Houses have a median rent of $770 while Units have a median rent of $550.
There are currently 41 properties listed for sale, and 11 properties listed for rent in Wellington point on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Wellington point.

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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.