SOLD
Sold on 14 Dec 2023 for $3,800,000

86 Jane Street
West End QLD 4101

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1338m2
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Property Details for 86 Jane St, West End

Building Type
Commercial
Land Size
1338m2
Local Government
Brisbane
Lot/Plan
12/RP11118

Last Listing description (November 2023)

QCommercial Properties in Conjunction with RE/MAX U is proud to present to the market for sale a tightly held, large future development site (STCA) with existing holding income from an established childcare operator in Edge Early learning and a 5 bedroom & 2 bathroom residence on a substantial 1338m2* parcel of land located at 86 Jane Street West End QLD 4101.

- Land Size - 1338m2*
- Tenants - Edge Childcare centre and Apartment

- Income
Childcare - $110,000 nett + GST
Residence - $650p/week
- Lease Expiry
Childcare 31/11/2027
Residence 21/9/2024
- Options
Childcare - 5 Years
Residence NIL
- Reviews
Childcare Greater of CPI or 3%
Residence At lease renewal
- Close proximity to the following amenities:
300m* to Brisbane River, 40m* to Montague Rd and 2km* to Brisbane CBD
- Close to high street retail, schools and transport
- Rarely available huge land holding in the heart of West End
- West End is experiencing huge development in anticipation of 2032 Olympic Games
- Calling on all astute investors and developers to secure this incredible rare generational investment
- Price - Offers over $4Million

For more information on this exciting opportunity and to arrange a site inspection please contact the exclusive marketing agent.

*Approximately

Property History for 86 Jane St, West End, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$3,800,000
14 Dec 2023
Listed for Rent
$600/w
28 Jul 2021
  • 14 Dec 2023
    Sold for $3,800,000
  • 27 Jul 2023
    Listed for Sale Best offers over $3.9 Million
  • 28 Jul 2021
    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 9,148 properties. Over the last 5 years, Houses in West End have seen a 61.33% increase in median value, while Units have seen a 52.05% increase. As at 30 September 2024:

  • The median value for Houses in West End is $1,764,670 while the median value for Units is $811,535.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 48 properties listed for sale, and 45 properties listed for rent in West end on OnTheHouse. According to CoreLogic's data, 526 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.