189 Kelvin Grove Road, Kelvin Grove, QLD 4059

Offices

Sold Contact Agent

  • Property ID: 412007
  • Floor Area: 475m²
  • Land Area: 554m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 475m2 554m2 Contact Agent
SELLER'S CIRCUMSTANCES REQUIRE IMMEDIATE SALE - HIGH PROFILE BUILDING

189 Kelvin Grove Road presents an opportunity to acquire a building and land package in a prime inner-Brisbane location. The building is currently fitted as a two-storey office building providing 475m²* of building area on a 554m²* site. It currently has a holding income until the end of 2022 of $206,487.28*p.a. + GST + Outgoings. Short term lease, perfect for an occupier or investor!

This versatile property easily accommodates for a multitude of retail / office / consulting users.

This opportunity features the following:
• 554m²* land area
• 475m²* building area situated over two levels
• Corner location with significant exposure
• Leased to Bennett + Bennett Surveyors until end of December 2022
• Net Income $206,487.28* + GST + Outgoings
• Zoned NC Neighbourhood Centre
• 8+ onsite car parks
• High quality inner-city investment with genuine value add opportunities
• Exceptional exposure and signage potential
• Immediate proximity to QUT and Kelvin Grove Urban Village

Auction: Thursday 16 June 2022, 11am
Level 26, 111 Eagle Street, Brisbane QLD.

*Approximately

For more information or a private inspection, please contact the exclusive marketing agent Michael Willems on 0412 240 176.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Kelvin Grove Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3577 --- ---
Industrial --- $180 ---
Offices $8039 --- ---
This is the average advertised price, rent and yield for Kelvin Grove, QLD 4059*

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™.
  • 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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