16 Somer StreetHyde Park QLD 4812
Property Details for 16 Somer St, Hyde Park
Last Listing description (March 2020)
This 480m2 industrial facility includes a large amount of professional office area that has just undergone a major refurbishment along with a small warehouse and workshop area to the rear. There are several private offices, meeting rooms and open plan work spaces that would be ideal for a large training or professional office organisation. This is then complimented by the rear workshop along with a secure yard that is ideal for car parking or equipment storage.
The property has just had major works done to the property to modernise it and ensure it presents professionally with new floor coverings to suit the new tenant on a 4 Year Lease. It also has dual amenities and a large kitchen area to accommodate a large number of staff members. It is available for sale for $584,500 and currently enjoys a Gross Return of $52,800 per annum.
The property is ready for immediate sale so to arrange an inspection please don't hesitate to contact Shaun McLaren or Ben Wheeler from Colliers International today.
Highlights:
* 4 Year Lease in Place
* Tenanted Investment
* Located Close to CBD
Property History for 16 Somer St, Hyde Park, QLD 4812
- 07 Nov 2025Sold for $850,000
- 13 Jan 2025Listed for Sale Sale by EOI or Lease $65,000 p.a.
- 13 Jan 2025Listed for Rent - Price not available
Recent sales nearby
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0About Hyde Park 4812
The size of Hyde Park is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.3% of total area. The population of Hyde Park in 2016 was 1387 people. By 2021 the population was 1374 showing a population decline of 0.9% in the area during that time. The predominant age group in Hyde Park is 20-29 years. Households in Hyde Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation.In 2021, 46.40% of the homes in Hyde Park were owner-occupied compared with 49.30% in 2016.
Hyde Park has 942 properties. Over the last 5 years, Houses in Hyde Park have seen a 88.64% increase in median value, while Units have seen a 132.17% increase. As at 30 November 2025:
- The median value for Houses in Hyde Park is $612,193 while the median value for Units is $386,386.
- Houses have a median rent of $400 while Units have a median rent of $370.
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