57 Stagpole Street, West End, QLD 4810

Retail | Offices | Medical

Sold

  • Property ID: 268436
  • Floor Area: 446m²
  • Land Area: 506m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 05/12/2017 446m2 506m2 Contact Agent
City Fringe West End Tenanted Investment

Ray White Commercial offers to the market 57 Stagpole Street, West End.
West End is undergoing a transformation to an inner city trendy suburb. At the base of Castle Hill, with tree lined streets and large residential blocks, this is a sought after suburb.
This fully tenanted building is of masonry block construction with concrete first floor and has fantastic exposure to passing traffic.
This building consists of the following:
- NLA of approx. 350m2
- 7 individual tenancies currently leased. Options to amalgamate in the future.
- 4 ground floor retail shops with floor to ceiling glass and aluminium shop fronts
- 3 First floor office spaces with options to amalgamate in the future
- Male and Female ablutions on each level
- Current tenants are a fantastic mix that compliment each other. Sports retailer, hair salon, financial adviser, cafe and office users.
- Recent upgrades to the building include floor coverings, LED lighting, painting and general upgrades.
These affordable spaces, located close to the city, are in great demand.
Current Gross Income is $108,181. Current approx net income $82,000.
This property would suite a range of astute investors who are looking for a solid investment spreading the risk with multiple tenants and affordable tenancies.
To arrange an inspection contact Ray White Commercial today.

Additional Information
Features
  • Car Spaces: 7
West End Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $296 ---
Offices --- $229 ---
Industrial --- $142 ---
This is the average advertised price, rent and yield for West End, QLD 4810*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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