465 Waterworks RoadAshgrove QLD 4060
Property Details for 465 Waterworks Rd, Ashgrove
Last Listing description (November 2022)
McGees Property are delighted to present 465 Waterworks Road, Ashgrove to the market for sale via on-site
Auction at 2:30pm (AEST) Thursday 6th October 2022.
A fully leased retail investment located in one of Brisbane's best inner city locations. Occupying a prominent position on Waterworks Road this unique freehold investment is situated in the heart of Ashgrove amongst an eclectic mix of retailers, cafes and professional businesses.
Multi Tenanted Investment (3 retail tenancies + storage area)
Development upside - STCA*
Site Area 640m
Net Lettable Area 211m approximately
High profile location with great exposure to over 34,700 cars passing daily
Excellent onsite parking at rear - 8 cars
Long History of Tenure onsite
Elevated Position
*Subject to council approval
Unique opportunity to acquire this multi tenanted freestanding freehold retail investment with development
upside in the centre of 'Ashgrove's West - Village Precinct'
For further information, please contact the exclusive marketing agents from McGees Property Justin Clarke and Nina Brailey.
Property History for 465 Waterworks Rd, Ashgrove, QLD 4060
- 06 Oct 2022Sold for $1,580,000
- 13 Sep 2022Listed for Sale SOLD - $1,580,000
- 26 Jun 2015Listed for Rent - Price not available
Recent sales nearby
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About Ashgrove 4060
The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The population of Ashgrove in 2016 was 13039 people. By 2021 the population was 13450 showing a population growth of 3.2% in the area during that time. The predominant age group in Ashgrove is 10-19 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation.In 2021, 71.50% of the homes in Ashgrove were owner-occupied compared with 69.00% in 2016.
Ashgrove has 5,677 properties. Over the last 5 years, Houses in Ashgrove have seen a 70.01% increase in median value, while Units have seen a 120.41% increase. As at 31 March 2026:
- The median value for Houses in Ashgrove is $1,981,259 while the median value for Units is $979,168.
- Houses have a median rent of $875 while Units have a median rent of $650.
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