21/120 Bloomfield StreetCleveland QLD 4163
Property Details for 21/120 Bloomfield St, Cleveland
Last Listing description (February 2023)
This modern air-conditioned strata office suite is offered for sale with a long-term lease to Sullivan & Nicolaides Pathology clinic.
Providing 81sqm* of lettable area within the highly desirable Cleveland House complex, the property presents an entry-level commercial investment secured by one of the largest healthcare providers in the country.
Complete with a basement car park, the premises provides a nett income of $23,334.92 PA (ex GST). Listed at only $399,000 (GST Going Concern to Apply), this is a healthy investment opportunity.
Features include:
- 81sqm* ground floor strata office suite
- Suspended grid ceiling
- Ducted air-conditioning
- Disability-compliant entrance
- Common amenities
- Basement carpark
- 3 + 3 year lease (commenced 23 May 2021)
- CPI annual increases
* Approximately
Property History for 21/120 Bloomfield St, Cleveland, QLD 4163
- 30 Apr 2026Sold for $346,500
- 17 Jan 2024Sold for $235,000
- 25 Oct 2022Listed for Sale $399,000 (GST Going Concern to Apply)
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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 9,248 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.
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