1/21 Waterloo StreetCleveland QLD 4163
Property Details for 1/21 Waterloo St, Cleveland
Last Listing description (April 2022)
Ray White Commercial Bayside are pleased to present to market 1/21 Waterloo Street, Cleveland for sale.
This 59sqm* strata-titled office space is neatly appointed with smart finishings and an economical use of space. The air-conditioned premises includes a reception area, meeting room and open plan office, with a kitchen and private bathroom at the rear. While currently being used as an office, the space could easily accommodate retail or medical/allied health operations.
The property is currently tenanted to a financial services firm, returning $21,600 Gross + GST pa. ($16,668* + GST pa after rates and body corporate costs).
- 59sqm* strata-titled office
- Air-conditioned space with reception, meeting room, and open-plan area
- Kitchen and private bathroom
- Currently leased to financial services firm returning $16,668* Nett + GST pa
- Excellent signage and off-street parking
Sale Price - $340,000^
^ As this property is tenanted, the 'Going Concern Exemption' is assumed to be applied.
Purchasers should seek their own independent accounting advice.
* Approximately
Property History for 1/21 Waterloo St, Cleveland, QLD 4163
- 07 Mar 2022Sold for $315,000
- 16 Feb 2022Listed for Sale $340,000
- 03 Apr 2018Listed for Sale $265,000
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About Cleveland 4163
The size of Cleveland is approximately 11.7 square kilometres. There are 55 parks, covering nearly 19.2% of the total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.
Cleveland has 9,151 properties. Over the last 5 years, Houses in Cleveland have seen a 89.28% increase in median value, while Units have seen a 105.11% increase. As at 30 April 2026:
- The median value for Houses in Cleveland is $1,451,194 while the median value for Units is $929,456.
- Houses have a median rent of $783 while Units have a median rent of $620.
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