SOLD
Sold on 08 Apr 2024 for $3,261,229

2/394 Montague Road
West End QLD 4101

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 360m2
Land area: 727m2
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Property Details for 2/394 Montague Rd, West End

Building Type
Commercial
Floor Size
360m2
Land Size
727m2
Local Government
Brisbane
Lot/Plan
2/BUP106728

Last Listing description (March 2017)

Rare offering on Montague road for office and warehouse space with two leases already signed.
Features:
- Each unit is total 360sqm of office/warehouse space

- 116sqm of office space available
- 244sqm of warehouse space available
- Mezzanine level on site
- Roller door access available for each unit
- Inner City Fringe Location with main road exposure
- Recently refurbished
- 10 secure car parks for each unit
Location:
Montague Road runs through the heart of West End with opportunities to obtain a foothold into this rapidly growing street becoming increasingly rare. The tenancy options for 394 Montague Rd provide are endless, fitness centre or gym, gallery plus cafe, retail showroom or boutique offices.

Property History for 2/394 Montague Rd, West End, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$3,261,229
08 Apr 2024
Listed for Rent
27 Mar 2017
  • 08 Apr 2024
    Sold for $3,261,229
  • 03 Aug 2016
    Listed for Rent - Price not available

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About West End 4101

The size of West End is approximately 2.3 square kilometres. It has 4 parks covering nearly 6.7% of total area. The population of West End in 2011 was 8,061 people. By 2016 the population was 9,482 showing a population growth of 17.6% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation. In 2011, 36.9% of the homes in West End were owner-occupied compared with 38.7% in 2016.

West End has 9,147 properties. Over the last 5 years, Houses in West End have seen a 58.06% increase in median value, while Units have seen a 53.43% increase. As at 31 October 2024:

  • The median value for Houses in West End is $1,767,123 while the median value for Units is $810,668.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 60 properties listed for sale, and 36 properties listed for rent in West end on OnTheHouse. According to CoreLogic's data, 511 properties were sold in the past 12 months in West end.

Suburb Insights for West End 4101

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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.