166 Hardgrave Road, West End, QLD 4101

Offices

Sold $2,500,000

  • Property ID: 323080
  • Floor Area: 359m²
  • Land Area: 734m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 359m2 734m2 N/A
2 Freehold Properties. Premium Investment. 734sqm Total Land Area

* Rarely to opportunities of this calibre appear on the market.
* 2 side by side retail properties with rear access and car parking.
* 166 Hardgrave Road. 125sqm vacant. Partial restaurant fit out in place. 20sqm basement storage. 8 car spaces tandem
* 367sqm each allotment, rear easement over driveway to neighbouring property.
* Potential Rental Fully Leased: $52,200 per annum net. Total Building Outgoings (insurance, rates, water): $10,910 (excluding land tax).
* 168 Hardgrave Road. 118sqm fully leased to bottle shop. 5 year lease and 5 year option. Start 1/5/2017. $68,400 Net Income. 2 Car Spaces. Tenant pays 57% outgoings.
* 46sqm Vacant. Commercial kitchen fit out. 2 car spaces. Potential Rental: 34,200 Net.
* 50sqm basement office/storage area. Vacant. Potential Rent: $15,480 Gross. Total Building Outgoings (rates, insurance, water): $13,402. (excluding land tax).
* Total Building Area: 359sqm. Total Retail Area. 289sqm. 734sqm Total Land Area.
* Prime West End corner freehold position. Excellent opportunity to purchase and increase returns.

* Contact Manoli Nicolas on 0400 082 170 for inspect today.

OFFICE: 50 sqm
RETAIL: 289 sqm
STORAGE: 20 sqm
TOTAL AREA: 359 sqm
LAND AREA: 734 sqm

West End Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $166 ---
Retail $6237 $477 7.65%
Offices $6237 $430 6.89%
This is the average advertised price, rent and yield for West End, QLD 4101*

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

Days on Market data for Offices 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™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 166 Hardgrave Road, West End, QLD 4101. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 166 Hardgrave Road, West End, QLD 4101. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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