228 Finucane Road, Alexandra Hills, QLD 4161 sold on 21 November 2025 | OnTheHouse
 
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Sold on 21 Nov 2025 - Price Unavailable

228 Finucane Road
Alexandra Hills QLD 4161

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 802m2
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Property Details for 228 Finucane Rd, Alexandra Hills

Building Type
Commercial
Floor Size
200m2
Land Size
802m2

Last Listing description (November 2025)

Ray White Retail are proud to present 228 Finucane Road, Alexandra Hills, QLD. For sale by Auction on Friday 21st November 2025, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|
• Freestanding 200sqm* retail & mixed-use building

• Single-tenanted with a 3-year lease to popular Thai cafe
• Net lease with usual outgoings recoverable
• On site parking for up to 8 vehicles
• Current net income of $50,644 + GST p.a.

|Where|
• Prime 802sqm* corner landholding located at the busy intersection of Finucane and Allenby roads
• Main-road exposure to over 319,200 vehicles weekly
• 20km* East of the Brisbane CBD within the thriving Bayside suburb of Alexandra Hills
• Alexandra Hills, one of Brisbane's fastest growing suburbs with the median house price almost doubling since 2020

|Why|
• Entry-level retail opportunity ideal for both owner occupiers & investors
• Immediate rental uplift potential, with tenant seeking renewal and base rent of $275/sqm - well below market benchmarks
• 802 sqm* corner site with favourable Medium Density zoning
• Reposition, re-lease or repurpose

* Approximately

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Property History for 228 Finucane Rd, Alexandra Hills, QLD 4161

A timeline of how this property has performed in the market
Last Sold
21 Nov 2025
  • 21 Nov 2025
    Sold
  • 11 Feb 2025
    Listed for Sale $1,250,000
  • 17 Dec 2021
    Listed for Sale $1,250,000.00
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About Alexandra Hills 4161

The size of Alexandra Hills is approximately 13.7 square kilometres. It has 44 parks covering nearly 15.9% of total area. The population of Alexandra Hills in 2016 was 16254 people. By 2021 the population was 16472 showing a population growth of 1.3% in the area during that time. The predominant age group in Alexandra Hills is 30-39 years. Households in Alexandra Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alexandra Hills work in a trades occupation.In 2021, 75.80% of the homes in Alexandra Hills were owner-occupied compared with 75.20% in 2016.

Alexandra Hills has 6,654 properties. Over the last 5 years, Houses in Alexandra Hills have seen a 92.00% increase in median value, while Units have seen a 89.74% increase. As at 31 October 2025:

  • The median value for Houses in Alexandra Hills is $985,917 while the median value for Units is $687,747.
  • Houses have a median rent of $670 while Units have a median rent of $520.
There are currently 29 properties listed for sale, and 15 properties listed for rent in Alexandra hills on OnTheHouse. According to Cotality's data, 249 properties were sold in the past 12 months in Alexandra hills.

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Pablo Routledge
RWC Retail QLD
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