349 Montague Road, West End, QLD 4101

Retail | Development/Land | Industrial

Sold $3,000,000

  • Property ID: 428613
  • Floor Area: 851m²
  • Land Area: 810m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 28/09/2023 851m2 810m2 $3,550,000
Retail Complex with Development Upside

Here is your opportunity to invest, develop or occupy on Montague Road.

Key Features Includes:

- Circa $215,000 net return from 5 solid tenants
- MU3 Zoning allowing 4 stories of mixed use development
- Rear street frontage to Tarabay Lane
- Adjoining Medical Centre
- More than 1,000 units in planned construction within 400m
- West End is one of the fastest growing suburbs in Queensland
- All tenancies have been refurbished over the last 5 years
- Block Construction with excellent carparking
- Below market rents
- The adjoining property at 353 Montague Road on 405m2 is also available
- Not expected to last long

West End Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $166 ---
Offices $6237 $430 6.89%
Retail $6237 $477 7.65%
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 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:

  • 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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