51 Godwin StreetBulimba QLD 4171
Property Details for 51 Godwin St, Bulimba
Last Listing description (July 2024)
RWC Queensland and RWC Gateway are pleased to exclusively offer for sale 51-53 Godwin Street, Bulimba QLD.
This property features the following:
A combined 1,002 sqm* of site area over two (2) titles with a wide 40 metre* frontage to Godwin Street accessible by multiple concrete crossovers
The warehouses offer between six (6) to seven (7) metre* internal height
A total of eight (8) off-street car parks plus street parking
Currently fully leased to two (2) long standing tenants returning a gross income of $207,024.60 ($236 per sqm of building area)
No. 51 is leased to Le Mans Motors until 30/09/2025 with a 1 year option. The tenant has occupied the premises for 16 years
No. 53 is leased to Canfield Plumbing until 01/11/2025 with a 1 year option and includes an early termination clause with six (6) months' notice to the tenant providing an opportunity to own and occupy the premises
The property is zoned as "Low-medium density residential (2 or 3 storey mix)" under the Brisbane City Plan
Short walk to Oxford Street, one of Brisbane`s premier high streets boasting a high level of amenity with significant retail and service offerings
Bulimba is serviced by both bus and ferry public transportation services and enjoys easy access to the Brisbane CBD and Gateway Motorway
This property offers an opportunity for investors and owner occupiers as well as land bankers, due its excellent development upside
We must stress that an opportunity to purchase a freehold holding in this precinct does not come along too often and the vendor has clear instructions to sell.
For further information, please contact the exclusive selling agents John Dwyer on 0439 034 010 or Ben Sands on 0432 547 164.
* Approximately
Property History for 51 Godwin St, Bulimba, QLD 4171
- 02 Feb 2024Sold for $2,200,000
- 15 Nov 2023Listed for Sale ATTENTION: PRICE REDUCTION
- 05 Mar 2007Listed for Sale 2700000
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0About Bulimba 4171
The size of Bulimba is approximately 2.9 square kilometres. It has 9 parks covering nearly 8.4% of total area. The population of Bulimba in 2016 was 6843 people. By 2021 the population was 7623 showing a population growth of 11.4% in the area during that time. The predominant age group in Bulimba is 40-49 years. Households in Bulimba are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bulimba work in a professional occupation.In 2021, 61.40% of the homes in Bulimba were owner-occupied compared with 56.00% in 2016.
Bulimba has 4,248 properties. Over the last 5 years, Houses in Bulimba have seen a 59.38% increase in median value, while Units have seen a 78.15% increase. As at 28 February 2026:
- The median value for Houses in Bulimba is $2,314,786 while the median value for Units is $1,151,172.
- Houses have a median rent of $850 while Units have a median rent of $725.
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