Originally built to house a Commonwealth Government Department, this property was reconfigured in the 1990s to accommodate multiple professional tenancies. Currently, four tenants provide strong rental returns within the building.
The building's original design was to the highest standards and Commonwealth Government requirements. The facilities in the building are in full compliance with disability regulations, ensuring an inclusive and accessible environment for all tenants.
Investments of this calibre are rarely put to market.
The property boasts a large rear car park and a fully secure basement car park, plus a front car park for disabled parking. 28 onsite carparks in total.
16 at the rear of the building, 10 secure undercover and two disabled at the front of the property.
Gross annual rental as of September 2024: $261,201.00 (approx.)
Features
Land area: 2079 sqm
Building area: 800 (approx.)
Zoned Major Centre
30 metres and 400 metres from 2 regional shopping centres
300 metres from the bus interchange
100 metres from Bunnings Warehouse
Contact: Kevin Murdock 04 1117 1112
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 8,684 properties. Over the last 5 years, Houses in Capalaba have seen a 96.59% increase in median value, while Units have seen a 125.74% increase. As at 31 March 2026:
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