272 Newmarket RoadWilston QLD 4051
Property Details for 272 Newmarket Rd, Wilston
Last Listing description (October 2024)
• Fully leased to 5 tenants providing holding income
• Existing improvements 1,200sqm* GFA
• Situated on 2,066sqm land zoned Low Impact Industry
• Substantial future rental reversion via refurbishment
• Excellent access & local amenity including bus & train at door
• Genuine opportunity to reposition asset to the market
• First time offered in 32+ years - Retiring Vendor Will be Sold
For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.
Auction In-Rooms (if not sold prior) Wednesday 2 October 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron
Listing ID 1136081
Property History for 272 Newmarket Rd, Wilston, QLD 4051
- 02 Oct 2024Sold for $2,330,000
- 21 Aug 2024Listed for Sale Auction In-Rooms 2 October 2024
- 11 Nov 2007Listed for Sale Not Disclosed
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0About Wilston 4051
The size of Wilston is approximately 1.4 square kilometres. It has 9 parks covering nearly 14.2% of total area. The population of Wilston in 2011 was 3,871 people. By 2016 the population was 3,934 showing a population growth of 1.6% in the area during that time. The predominant age group in Wilston is 40-49 years. Households in Wilston are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wilston work in a professional occupation. In 2011, 62.6% of the homes in Wilston were owner-occupied compared with 62.1% in 2016.
Wilston has 1,784 properties. Over the last 5 years, Houses in Wilston have seen a 78.78% increase in median value, while Units have seen a 84.25% increase. As at 30 November 2024:
- The median value for Houses in Wilston is $1,870,999 while the median value for Units is $815,294.
- Houses have a median rent of $750 while Units have a median rent of $530.
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