177-189 Bloomfield Street, Cleveland, QLD 4163 sold on 02 April 2026 | OnTheHouse
SOLD
Sold on 02 Apr 2026 for $2,125,000

177-189 Bloomfield Street
Cleveland QLD 4163

Bedrooms: -
Bathrooms: -
Car spaces: 30
Land area: 1609m2
Sold By
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Cooper Black
Industrial Property Brisbane
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Tom Wotton
Industrial Property Brisbane
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Property Details for 177-189 Bloomfield St, Cleveland

Building Type
Commercial
Land Size
1609m2
Local Government
Redland
Lot/Plan
4/RP68564

Last Listing description (May 2026)

Industrial Property Brisbane are excited to present this superb investment opportunity, Cleveland Central Medical Centre, for Sale via Expressions of Interest.

This freestanding medical investment is positioned in the heart of Cleveland's thriving commercial precinct, surrounded by established residential, aged care, healthcare and professional operators. With low site coverage and strong underlying land value, this property offers a secure investment in one of Redland City's most tightly held commercial areas.

Property features include:

- Gross Lease | $304,948.87* p.a + GST (From 01/03/2026)
- Approx. Outgoings $65,987.95* p.a
- Leased to 28/02/2029
- Current Lease w/ Options in Effect Since 2009
- CPI Increases Yearly
- Low Site Coverage 34%*
- Well Established, Long Standing Tenant
- PC | Principal Centre Zoning
- High Exposure Location on Corner Position

For further information, contact the exclusive agents at Industrial Property Brisbane.

*Approx.
^Details provided by vendor, parties to satisfy themselves as to reliability.

Property History for 177-189 Bloomfield St, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$2,125,000
02 Apr 2026
  • 02 Apr 2026
    Sold for $2,125,000
  • 02 Apr 2026
    Sold for $2,125,000
  • 10 Feb 2026
    Listed for Sale Expressions of Interest Closing 10 March 2026
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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 9,263 properties. Over the last 5 years, Houses in Cleveland have seen a 81.12% increase in median value, while Units have seen a 88.58% increase. As at 30 June 2026:

  • The median value for Houses in Cleveland is $1,451,502 while the median value for Units is $917,926.
  • Houses have a median rent of $800 while Units have a median rent of $628.
There are currently 96 properties listed for sale, and 55 properties listed for rent in Cleveland on OnTheHouse. According to Cotality's data, 458 properties were sold in the past 12 months in Cleveland.

Suburb Insights for Cleveland 4163

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.