14 Blackwood Street, Mitchelton, QLD 4053 | Commercial for sale | OnTheHouse
 
FOR SALE
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14 Blackwood Street
Mitchelton QLD 4053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1174m2
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Fully Leased Retail Centre, DA Approved for 4 Storey Unit Complex (Approved for 11 Units+Retail Shop)

14 Blackwood Street, Mitchelton presents a rare chance to acquire a freehold property with strong holding income and Development Approval for a boutique mixed-use project.
Set on 1,174 sqm of Major Centre zoned land, the property sits within a thriving hub of retail, medical, dining, and residential. With 100% tenancy occupancy and future development approval already in place, this asset is ideal for both investors and developers.
Key Features:
1,174 sqm freehold land parcel
Existing improvements: 3 retail shops, house, and storage sheds
442 sqm total building area, fully leased with no impediments
Gross income: $119,604 (incl gst) per annum | Outgoings: approx. $27-$28k.
Development Approval: 11 units + 1 retail shop (180 sqm)
8 x 3-bedroom units
3 x 2-bedroom units
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Property Details for 14 Blackwood St, Mitchelton

Building Type
Commercial
Land Size
1174m2
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About Mitchelton 4053

The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2016 was 8559 people. By 2021 the population was 9244 showing a population growth of 8.0% in the area during that time. The predominant age group in Mitchelton is 40-49 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation.In 2021, 60.40% of the homes in Mitchelton were owner-occupied compared with 60.70% in 2016.

Mitchelton has 4,016 properties. Over the last 5 years, Houses in Mitchelton have seen a 93.45% increase in median value, while Units have seen a 96.66% increase. As at 31 October 2025:

  • The median value for Houses in Mitchelton is $1,334,337 while the median value for Units is $792,028.
  • Houses have a median rent of $675 while Units have a median rent of $650.
There are currently 25 properties listed for sale, and 14 properties listed for rent in Mitchelton on OnTheHouse. According to Cotality's data, 166 properties were sold in the past 12 months in Mitchelton.

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Dennis You
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Peter Huang
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