Property Details for 255 South St, Cleveland
Last Listing description (November 2023)
Multi-Tenancy Freestanding Industrial Buildings in Tightly-Held Bayside Pocket
RWC Bayside is pleased to present 255 South Street, Cleveland to the market For Sale via expressions of interest closing Wednesday 18th October, 4pm.
The 1,336sqm* site is improved with two freestanding block buildings accommodating 5 tenancies, 4 warehouses and a small tenancy at the front that was previously used as a snack bar combining to make a total NLA of 675sqm*.
Tenancies 3 and 4 are leased until August 2025, there is a short balance term for Tenancy 2 (expiring March 24), and Tenancies 1 and 5 are offered with vacant possession, providing value for any potential owner-occupier.
Features include:
- 2 freestanding block buildings
- All 4 industrial units accessible via full height roller doors
- Tenancies 3 and 4 have rear roller doors to storage area at rear
- Suit investor or owner-occupier
Expressions of interest close Wednesday 18th October, 4pm
*Approximately
Property History for 255 South St, Cleveland, QLD 4163
- 17 Nov 2023Sold - Price Undisclosed
- 13 Sep 2023Listed for Sale Expressions of Interest close Wed, 18th Oct, 4pm
- 11 Jan 2021Listed for Rent $2,750
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0About 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 9,108 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.
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