113 Russell Street, Cleveland, QLD 4163 | Property Value & History | OnTheHouse
 
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113 Russell Street
Cleveland QLD 4163

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 911m2
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Property Details for 113 Russell St, Cleveland

Building Type
Commercial
Land Size
911m2
Local Government
Redland
Lot/Plan
1/RP158996

Last Listing description (September 2023)

Ray White Commercial Bayside is delighted to offer for Sale via Expressions of Interest, 113 Russell Street, Cleveland.

The property is a 911sqm* 'Principal Centre' zoned allotment located on a high profile corner at the southern end of Cleveland's CBD. Currently developed to provide a mix of buildings/accommodation, the site has been predominantly used as a workshop for more than fifty (50) years. The structures are in good condition and provide a suitable level of accommodation for similar workshop or warehouse uses in the immediate term.

The 'Principal Centre' zoning allows for a broad range of uses with future development of stand alone commercial, mixed use and higher density residential projects to a maximum of fourteen (14) metres in height.

Features include:

- Existing buildings provide circa 187sqm* of GFA + awning area of approximately 148sqm*
- Large sealed hardstand
- Fenced rear yard area
- Self-contained amenities

The property is offered for sale with a 'lease back' to the Seller's trading business (current occupier) for a period of up to twelve (12) months post settlement.

For all enquiries, please contact exclusive agent, Nathan Moore on 0413 879 428.

*Approximately

This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 113 Russell St, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$1,630,000
12 Jun 2023
  • 12 Jun 2023
    Sold for $1,630,000
  • 26 May 2022
    Listed for Sale Expression of Interest
  • 26 Jun 2006
    Sold for $620,000
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About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of 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 9,110 properties. Over the last 5 years, Houses in Cleveland have seen a 92.94% increase in median value, while Units have seen a 103.26% increase. As at 31 January 2026:

  • The median value for Houses in Cleveland is $1,365,452 while the median value for Units is $890,787.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 61 properties listed for sale, and 44 properties listed for rent in Cleveland on OnTheHouse. According to Cotality's data, 492 properties were sold in the past 12 months in Cleveland.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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