SOLD
Sold on 14 Mar 2024 for $1,584,000

1 Orama Road
Yeronga QLD 4104

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 260m2
Land area: 362m2
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Property Details for 1 Orama Rd, Yeronga

Building Type
Commercial
Floor Size
260m2
Land Size
362m2
Local Government
Brisbane
Lot/Plan
2/RP75171

Last Listing description (October 2023)

Medical | Retail | Office | Owner Occupy or Invest

1 Orama Road, Yeronga offers exceptional flexibility and is an ideal investment for a wide range of businesses. Its well-designed layout, with features such as nine consultation rooms and a large boardroom or treatment room, makes it suitable for a variety of uses, including medical, retail, or office users. This unique, freehold commercial opportunity in a thriving and well-connected community presents a strategic investment, capable of accommodating different business models and providing long-term growth potential.

Key Features:

Highly sought-after location in Yeronga, just 7km south of Brisbane's CBD
Freestanding commercial building with a total area of 181m* on a 362m* allotment
Exceptional flexibility for owner-occupiers, tenants, or a combination of both
Flood free ideal for medical, retail or office uses
Nine consultation rooms and a large boardroom or treatment room
Ample storage, onsite parking, and sophisticated IT infrastructure
Rare freehold offering with vacant possession
Surrounded by local businesses, excellent connectivity to major roads, and nearby amenities

Key Infrastructure:

Yeronga Train Station - 950 metres
Fairfield Gardens Shopping Centre - 1.1 km
Yeronga State School - 550 metres
Yeronga Park - 300 metres

Points of Interest:

Yeronga Village Shopping Centre
Yeronga Memorial Park
Yeronga Services Club
Yeronga Pool
Yeronga State High School
Yeronga Uniting Church
Our Lady's College
Yeronga Community Centre
Hyde Road Dog Park
Yeronga Post Office
Yeronga Medical Centre
Annerley Library
St Sebastian's Primary School
The Brisbane Golf Club
Queensland Tennis Centre

Don't miss this opportunity to secure a prime piece of real estate in the heart of Yeronga's prestigious residential precinct. Capitalise on the city's booming growth and the increasing demand for commercial properties in the lead-up to the 2032 Olympics.

To arrange an inspection or for more information, please contact the exclusive agent at McGees Property.

*Approximately

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Property History for 1 Orama Rd, Yeronga, QLD 4104

A timeline of how this property has performed in the market
Last Sold
$1,584,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $1,584,000
  • 21 Apr 2023
    Listed for Sale Contact Agent
  • 16 Oct 2013
    Sold for $685,000
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About Yeronga 4104

The size of Yeronga is approximately 3.5 square kilometres. It has 13 parks covering nearly 21.8% of total area. The population of Yeronga in 2011 was 5,540 people. By 2016 the population was 6,537 showing a population growth of 18.0% in the area during that time. The predominant age group in Yeronga is 20-29 years. Households in Yeronga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yeronga work in a professional occupation. In 2011, 55.9% of the homes in Yeronga were owner-occupied compared with 53.3% in 2016.

Yeronga has 3,654 properties. Over the last 5 years, Houses in Yeronga have seen a 30.91% increase in median value, while Units have seen a 83.77% increase. As at 31 October 2024:

  • The median value for Houses in Yeronga is $1,460,545 while the median value for Units is $773,612.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 38 properties listed for sale, and 9 properties listed for rent in Yeronga on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Yeronga.

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