SOLD
Sold on 30 Jun 2024 for $375,000

18/40 Annerley Road
Woolloongabba QLD 4102

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 45m2
Land area: 45m2
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Property Details for 18/40 Annerley Rd, Woolloongabba

Building Type
Commercial
Year Built
1980
Floor Size
45m2
Land Size
45m2
Local Government
Brisbane
Lot/Plan
18/BUP2532

Last Listing description (August 2024)

LJH Commercial presents 18/40 Annerley Road, Woolloongabba, to the market for sale. Retirement Dictates Sale. Rarely do opportunities appear in the renowned Taylor Medical Centre. * 45 sqm fitted out medical consulting suite or office. Psychology business can also be purchased.* Internal fit out includes 2 consulting rooms, reception, waiting room, kitchenette. Air conditioned, power and data caballed throughout.* 1 exclusive onsite car spaces and 24 onsite visitor car spaces.* Suit both owner occupier or investors. Current lease in place until 30 June 2025. No Option. Can be terminated earlier if required. Current Income $34,271/annum (Includes Outgoings & GST).* Position directly opposite Mater Public & Private Hospitals, and within 10 minutes of Princess Alexandra Hospital and Greenslopes Private Hospital.* Suited close to upcoming Olympic Games Precinct, within5minutes of Pacific Motorway (Brisbane-Gold Coast) and 10-minutedrive to Brisbane CBD.* Sellers have provided clear instruction to sell the property.PRICE: Offers Over $360,000BUILDING AREA: 45sqmLocationThe Riverside Expressway allows easy access from Woolloongabba to Brisbane’s CBD, which is only 2 kms away. Ongoing commercial developments reflect demand for the suburb as an easily accessible business environment. Commercial development coupled with the continual demand for residential property suggests that Woolloongabba will continue to prosper in the future. Public transport in the area is excellent with 2 rail stations (Sth Brisbane & Vulture St Stations) and regular bus routes to and from the city.

Property History for 18/40 Annerley Rd, Woolloongabba, QLD 4102

A timeline of how this property has performed in the market
Last Sold
$375,000
30 Jun 2024
  • 30 Jun 2024
    Sold for $375,000
  • 05 Mar 2024
    Listed for Sale Offers Over $360,000
  • 15 May 2019
    Sold for $285,000
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About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,320 properties. Over the last 5 years, Houses in Woolloongabba have seen a 73.57% increase in median value, while Units have seen a 67.32% increase. As at 30 September 2024:

  • The median value for Houses in Woolloongabba is $1,307,727 while the median value for Units is $697,514.
  • Houses have a median rent of $680 while Units have a median rent of $630.
There are currently 24 properties listed for sale, and 16 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Woolloongabba.

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Lj Hooker Commercial Brisbane
Manoli Nicolas
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LJ Hooker Commercial Brisbane
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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.