SOLD
Sold on 05 Mar 2024 for $410,000

5/9-13 Waldron Street
Yarrabilba QLD 4207

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 51m2
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Property Details for 5/9-13 Waldron St, Yarrabilba

Building Type
Commercial
Land Size
51m2
Local Government
Logan City
Lot/Plan
5/SP311257

Last Listing description (March 2024)

Ray White AKG are pleased to offer to the market for sale Unit 5/9-13 Waldron Street, Yarrabilba.

Located in the heart of Yarrabilba's retail/office CBD makes this a great opportunity not to be missed. Directly opposite the Coles Shopping centre, alongside the upcoming Yarrabilba hotel offering a high flow of drive by and foot traffic.

Features of the property include:

Total floor area of 52sqm*
Leased to a healthy Smoothie & Juice Bar
Open plan design
Ducted air conditioning throughout
Commercial style kitchen with upgraded facilities
Full glass frontage offering great natural light
Ample onsite parking for visitors
Adjoining tenancies include health and beauty, barber and tobacconist
Currently leased until 31/10/2023
Returning $27,930 net pa + outgoings + GST

This is great opportunity to secure a tenanted investment in the emerging community of Yarrabilba.

Contact the agents of Ray White AKG for more information.

(*approxiamtely)

Property History for 5/9-13 Waldron St, Yarrabilba, QLD 4207

A timeline of how this property has performed in the market
Last Sold
$410,000
05 Mar 2024
Listed for Rent
$479/w
13 Mar 2024
  • 06 Mar 2024
    Listed for Rent $25,000 / year
  • 05 Mar 2024
    Sold for $410,000
  • 06 Jul 2023
    Listed for Sale Sale: Offer Above $410,000 Lease: $28,500 Net PA
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About Yarrabilba 4207

The size of Yarrabilba is approximately 13.4 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Yarrabilba in 2011 was 832 people. By 2016 the population was 3,588 showing a population growth of 331.2% in the area during that time. The predominant age group in Yarrabilba is 20-29 years. Households in Yarrabilba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarrabilba work in a trades occupation. In 2011, 82.9% of the homes in Yarrabilba were owner-occupied compared with 45% in 2016.

Yarrabilba has 6,163 properties. Over the last 5 years, Houses in Yarrabilba have seen a 80.32% increase in median value, while Units have seen a 100.27% increase. As at 31 October 2024:

  • The median value for Houses in Yarrabilba is $696,627 while the median value for Units is $588,032.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 51 properties listed for sale, and 46 properties listed for rent in Yarrabilba on OnTheHouse. According to CoreLogic's data, 602 properties were sold in the past 12 months in Yarrabilba.

Suburb Insights for Yarrabilba 4207

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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.