48 Cavendish RoadCoorparoo QLD 4151
Property Details for 48 Cavendish Rd, Coorparoo
Last Listing description (June 2023)
Stephen & Elliot Kidd of Ray White Commercial (Qld) are proud to be appointed to sell 48 Cavendish Road, Coorparoo.
The property is leased to: Link Vision and Auto Keepers who each occupy roughly 50% of the building.
The property has the following positive investment attributes:
Long term tenants providing income security and stability
Low current rental rates which effectively reduce the current property value and provide for substantial future income & capital gain.
Rapidly growing trade area population nearly 60% faster than QLD average
Exposure to over 200,000 vehicles weekly
Prime Corner retail location just 8.5 minutes drive from Brisbane CBD
New Roof just installed (May 2023) along with tilt slab construction imply minimal long-term maintenance
Substantial block of land close to amenity for future mixed-use high-rise development - STCA
Motivated Seller due to family circumstances.
Method of Sale: Public Auction to take place on 22nd June 2023.
Location of Auction: Level 26, 111 Eagle Street Brisbane CBD
Bidding Options: In room, online or over the phone. Please ensure you are registered before the auction day.
A detailed Due Diligence Package is available upon request.
We look forward to speaking with you soon.
Stephen and Elliot
Property History for 48 Cavendish Rd, Coorparoo, QLD 4151
- 22 Jun 2023Sold for $3,600,000
- 15 May 2023Listed for Sale Sold at Auction
- 13 Mar 2015Listed for Rent - Price not available
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About Coorparoo 4151
The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2016 was 16282 people. By 2021 the population was 18132 showing a population growth of 11.4% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation.In 2021, 52.30% of the homes in Coorparoo were owner-occupied compared with 52.10% in 2016.
Coorparoo has 9,924 properties. Over the last 5 years, Houses in Coorparoo have seen a 81.24% increase in median value, while Units have seen a 114.94% increase. As at 30 November 2025:
- The median value for Houses in Coorparoo is $1,737,492 while the median value for Units is $831,555.
- Houses have a median rent of $670 while Units have a median rent of $600.
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