591 Ipswich Road, Annerley, QLD 4103 | Property Value & History | OnTheHouse
OFF MARKET

591 Ipswich Road
Annerley QLD 4103

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 1874m2
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Property Details for 591 Ipswich Rd, Annerley

Building Type
Commercial
Land Size
1874m2
Local Government
Brisbane
Lot/Plan
1/RP106303

Last Listing description (May 2021)

The Brisbane Passive Investment Motel market is so tightly held that we can't remember the last time one was offered to the open market! ResortBrokers have been appointed as the exclusive agents to sell the freehold investment interest in the Annerley Motor Inn on one of Brisbane's busiest main arterial roads, Ipswich Rd. Securely tenanted until 2042 with an unheard of 3.2% rent increase each year on the current rent of $308,783. Current tenants were sold in by ResortBrokers in 2017 and have a strong and punctual history of rent payments and their obligations under the lease.

- Rare Brisbane Passive Investment Opportunity
- Long term lease with 2042 end date
- Current tenants have always paid rent on time and in full
- Rent increases of CPI or 3.2% whichever is greater
- Huge 1874m2 main road real estate with extensive sunset and city views
- 26 rooms plus one conference room with kitchenette and a history of strong trading performance
- Property inspections are by appointment only

Property History for 591 Ipswich Rd, Annerley, QLD 4103

A timeline of how this property has performed in the market
Last Sold
$2,925,000
13 Aug 2010
Listed for Rent
$500/w
23 Feb 2021
  • 12 Apr 2021
    Listed for Sale $4,570,000
  • 27 Nov 2020
    Listed for Rent $500 / week
  • 13 Jun 2017
    Listed for Sale $1,150,000
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About Annerley 4103

The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2016 was 11336 people. By 2021 the population was 11891 showing a population growth of 4.9% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation.In 2021, 44.00% of the homes in Annerley were owner-occupied compared with 42.90% in 2016.

Annerley has 6,437 properties. Over the last 5 years, Houses in Annerley have seen a 77.06% increase in median value, while Units have seen a 112.19% increase. As at 30 November 2025:

  • The median value for Houses in Annerley is $1,346,935 while the median value for Units is $785,819.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 16 properties listed for sale, and 29 properties listed for rent in Annerley on OnTheHouse. According to Cotality's data, 264 properties were sold in the past 12 months in Annerley.

Suburb Insights for Annerley 4103

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.