358 Riding Road, Balmoral, QLD 4171 | Property Value & History | OnTheHouse
OFF MARKET

358 Riding Road
Balmoral QLD 4171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 167m2
Land area: 812m2
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Property Details for 358 Riding Rd, Balmoral

Building Type
Commercial
Floor Size
167m2
Land Size
812m2
Local Government
Brisbane
Lot/Plan
55/RP893613

Last Listing description (February 2024)

A rare opportunity has come about for you to walk into a fully established Cafe in a prime location.

Ministry of The Coffee Bean has been a part of the Hawthorne scene for many years, catering to all of the local residents from parents at school drop off to the coffee lover just passing by. The current owners are moving on to start a new chapter and offering for a walk in walk out opportunity where you will take over the business on busy Riding Road.

The business is situated with a 49m2 space and the current lease on the premise is due for renewal with the opportunity for a three (3) year lease agreement with the opportunity to renew on a further three (3) year term.

Monthly rent is $4,084.47 per month including GST and outgoings (excluding electricity, phone, internet etc).

If this sounds like the perfect chance to step into your next adventure, please contact Garry Price 0402 693 501.

Property History for 358 Riding Rd, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$2,100,000
09 Feb 2015
Listed for Rent
$939/w
13 Feb 2024
  • 04 Dec 2023
    Listed for Rent - Price not available
  • 05 Nov 2019
    Listed for Rent $25,000 / year
  • 09 Feb 2015
    Sold for $2,100,000
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About Balmoral 4171

The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2016 was 3893 people. By 2021 the population was 4173 showing a population growth of 7.2% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation.In 2021, 63.20% of the homes in Balmoral were owner-occupied compared with 61.30% in 2016.

Balmoral has 2,015 properties. Over the last 5 years, Houses in Balmoral have seen a 68.41% increase in median value, while Units have seen a 93.57% increase. As at 31 December 2025:

  • The median value for Houses in Balmoral is $1,921,375 while the median value for Units is $983,953.
  • Houses have a median rent of $810 while Units have a median rent of $645.
There are currently 5 properties listed for sale, and 7 properties listed for rent in Balmoral on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in Balmoral.

Suburb Insights for Balmoral 4171

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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.