1/178-182 Redland Bay Road, Capalaba, QLD 4157 | Property Value & History | OnTheHouse
 
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1/178-182 Redland Bay Road
Capalaba QLD 4157

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 553m2
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Property Details for 1/178-182 Redland Bay Rd, Capalaba

Building Type
Commercial
Land Size
553m2
Local Government
Redland
Lot/Plan
1/SP185368

Last Listing description (June 2022)

This 593sqm eastern facing, modern tilt panel unit is located at the entrance to the Capalaba Hub commercial complex on Redland Bay Road.
GO Electrical, a wholly owned subsidiary of Metal Manufactures Pty Limited, has been a long standing tenant since 2012 and their current lease term expires on 31/3/2027 with 2 x 3 year options.
Property features include:

* 405sqm (approx.) air conditioned showroom with automatic entry doors, suspended ceiling and recessed lighting
* 11sqm (approx.) air conditioned manager's office at the rear
* 137sqm (approx.) insulated warehouse with electric container height roller door and three phase power
* 40sqm approved load bearing mezzanine storage
* Own amenities - lunchroom and male & female toilets
* Excellent signage and exposure on Redland Bay Road
* Full drive through access with entry/exit points on both Redland Bay Road and Steel Street
* 94 car parks in the complex
* Annual gross income of $125,000
* Outgoings are currently $7,853 per annum
* Information Memorandum available on request
For further information and to arrange an inspection (by appointment only) please contact Exclusive Agents Colin Tucker and Nick Comino.

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Property History for 1/178-182 Redland Bay Rd, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$2,250,000
24 May 2022
  • 24 May 2022
    Sold for $2,250,000
  • 23 Mar 2022
    Listed for Sale Expressions of Interest
  • 12 Sep 2018
    Listed for Sale $1,820,000
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About Capalaba 4157

The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2016 was 17333 people. By 2021 the population was 18002 showing a population growth of 3.9% in the area during that time. The predominant age group in Capalaba is 30-39 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation.In 2021, 72.30% of the homes in Capalaba were owner-occupied compared with 71.40% in 2016.

Capalaba has 8,666 properties. Over the last 5 years, Houses in Capalaba have seen a 98.71% increase in median value, while Units have seen a 117.88% increase. As at 31 December 2025:

  • The median value for Houses in Capalaba is $1,053,884 while the median value for Units is $735,099.
  • Houses have a median rent of $670 while Units have a median rent of $600.
There are currently 42 properties listed for sale, and 41 properties listed for rent in Capalaba on OnTheHouse. According to Cotality's data, 335 properties were sold in the past 12 months in Capalaba.

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