36 Park RoadMilton QLD 4064
Property Details for 36 Park Rd, Milton
36 Park Rd, Milton is a 0 bedroom, 0 bathroom Unit. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (February 2025)
RWC Milton is pleased to present 36 Park Road, Milton, to the market for sale via Expression of Interest closing 20th of November 2024 (If not sold prior).
This exceptional commercial and retail property in Milton offers a rare investment opportunity with secure, long-term tenants in place across both retail and office spaces. The property features two high-profile retail tenants on the ground floor and four established commercial office tenants, ensuring a diversified income stream.
Investment Highlights:
Total net income $259,243.20pa (Plus outgoings and GST)*. Gross return of $398,984.24*
Total NLA - 596sqm* Freestanding retail and commercial building sitting on 809sqm* of DC2 District Centre land.
Prime location: situated in the heart of Milton, one of Brisbane's most dynamic and sought-after suburbs for both commercial and retail activities.
Secure tenancy mix. Most tenants have been very long-term.
WALE of 2 years*.
Huge undercover car park (28 cars): All car parks are currently leased either to the sitting tenants or on a month-to-month basis to surrounding businesses.
Flood-free site
Hugely popular Milton city fringe precinct
Staggered lease expiries ensuring cashflow security into the future, and rental reversion potential.
* approx
This property represents a solid, low-risk investment opportunity with the potential for long-term capital growth. An ideal choice for investors looking to expand their portfolio in Brisbane's booming commercial market.
Expression of Interest Campaign closing at 4 pm on the 20th of November 2024 (if not sold prior). Don't hesitate to get in touch with the undersigned for further information.
Property History for 36 Park Rd, Milton, QLD 4064
- 25 Nov 2024Sold for $3,975,000
- 09 Oct 2024Listed for Sale Expression of Interest Closing Wed 20th of Nov
- 04 Sep 2020Listed for Rent - Price not available
Recent sales nearby
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0About Milton 4064
The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2016 was 2274 people. By 2021 the population was 3144 showing a population growth of 38.3% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation.In 2021, 29.50% of the homes in Milton were owner-occupied compared with 36.30% in 2016.
Milton has 2,971 properties. Over the last 5 years, Houses in Milton have seen a 50.87% increase in median value, while Units have seen a 67.73% increase. As at 30 November 2025:
- The median value for Houses in Milton is $1,645,545 while the median value for Units is $766,485.
- Houses have a median rent of $700 while Units have a median rent of $660.
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