18 John StreetCleveland QLD 4163
Property Details for 18 John St, Cleveland
Last Listing description (March 2020)
JLL is proud to exclusively present for sale Centrelink Cleveland a genuine opportunity to acquire a premium asset with a defensive income profile in the heart of one of the baysides fastest growing suburbs. 159 Bloomfield Street, Cleveland represents the below key attributes:
944sqm* building wholly leased to The Commonwealth of Australia (Centrelink & Medicare) providing a best in class tenant covenant
Constructed in 2006 and purpose built for Centrelink and their unique requirements, including full ground floor DDS access and internal lift facility
38 secure underground basement carparks
Recently undergone extensive tenant led refurbishment, including installation of a 30kW rooftop Solar PV system which will greatly reduce annual electricity costs
Positioned on a 1,426sqm* site zoned Principal Centre with dual street frontage
Located within Clevelands central retail precinct with ample surrounding amenity and transport infrastructure
Net income of $388,414p.a.*
For Sale via Expressions of Interest closing Thursday, 24 October 2019 at 4pm.
*Approximately
Property History for 18 John St, Cleveland, QLD 4163
- 04 Nov 2019Sold for $6,279,000
- 24 Sep 2019Listed for Sale Contact Agent
- 24 Sep 2013Sold for $2,825,000
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0About 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 9,177 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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