237 South StreetCleveland QLD 4163
Property Details for 237 South St, Cleveland
Last Listing description (December 2022)
Ray White Commercial Bayside is proud to present 237 South Street, Cleveland for Sale by Private Treaty.
The property provides a 1,337sqm* rectangular shaped allotment, with a gentle slope from road level towards the rear of the property. Erected on the land is a single level metal clad industrial building with attached brick office area for a total GFA circa 180sqm*. The structure has aluminium framed glass doors and windows, with multiple roller doors providing easy vehicle and stock movement in and out of the building.
Features include:
- Self-contained bathroom amenities (including a shower)
- Gravel/exposed earth hardstand areas (or future additional building pad)
- Security fencing to the rear of the site
The property is currently occupied by East Coast Diesel Specialists Pty Ltd, with a final lease expiration date of 31 March 2023. Current rental is $53,175.72^ per annum, including property outgoings, plus GST.
The property is listed with an asking price of $1,295,000^ (GST 'Going Concern' provisions to apply).
For all enquiries, please contact exclusive agent, Nathan Moore on 0413 879 428.
*Approximately
^Prices quoted are exclusive of GST
Property History for 237 South St, Cleveland, QLD 4163
- 27 Oct 2022Sold for $1,250,000
- 27 May 2022Listed for Sale $1,295,000
- 10 Aug 2018Listed for Rent - Price not available
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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 9,177 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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