137 Palmerin Street, Warwick, QLD 4370 | Commercial for sale | OnTheHouse
 
FOR SALE
PRICED TO SELL Offers From $440k

137 Palmerin Street
Warwick QLD 4370

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 172m2
Land area: 415m2
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CITY CENTRE COMMERCIAL FREEHOLD - UNPARALLELLED EXPOSURE & VALUE ADD/DEVELOPMENT POTENTIAL

- 172sqm building area.
- 415sqm land regular shaped parcel.
- Prime position directly facing a T intersection for strong business/advertising exposure.
- Dual road frontage and access with no shortage of parking.
- Potential to Value Add or Develop by extending the commercial building or building a residential unit or sheds to get multiple income streams (STCA).
- $15,000* spent on new roof.
- Around $5,000* worth of renovation materials included for free with the property.
- Principal Centre zoning .
Positioned in the heart of Warwick CBD, 137 Palmerin Street offers a rare opportunity to secure a vacant commercial freehold with strong main street exposure right next to ANZ. All amenities available whether it's shopping centres, public transport or hospitals.
With renovations already commenced and a brand new roof completed, this property presents an ideal value-add opportunity for owner-occupiers or investors to complete and tailor the fit-out to suit retail, office, medical or professional use. Also with opportunity to further develop a residential unit or extend the commercial space etc to get more income streams (STCA). A flexible layout and central location make this an attractive and affordable CBD purchase.
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Property Details for 137 Palmerin St, Warwick

Building Type
Commercial
Floor Size
172m2
Land Size
415m2
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About Warwick 4370

The size of Warwick is approximately 25.9 square kilometres. There are 19 parks, covering nearly 7.8% of the total area. The population of Warwick in 2016 was 12222 people. By 2021 the population was 12294 showing a population growth of 0.6% in the area during that time. The predominant age group in Warwick is 60-69 years. Households in Warwick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warwick work in a labourer occupation.In 2021, 60.50% of the homes in Warwick were owner-occupied compared with 58.30% in 2016.

Warwick has 6,842 properties. Over the last 5 years, Houses in Warwick have seen a 139.60% increase in median value, while Units have seen a 100.23% increase. As at 30 June 2026:

  • The median value for Houses in Warwick is $621,514 while the median value for Units is $483,968.
  • Houses have a median rent of $550 while Units have a median rent of $405.
There are currently 60 properties listed for sale, and 11 properties listed for rent in Warwick on OnTheHouse. According to Cotality's data, 311 properties were sold in the past 12 months in Warwick.

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