57/56 Park Road, Milton, QLD 4064 | Property Value & History | OnTheHouse
OFF MARKET

57/56 Park Road
Milton QLD 4064

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 50m2
Land area: 58m2
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Property Details for 57/56 Park Rd, Milton

57/56 Park Rd, Milton is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 58m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
1999
Floor Size
50m2
Land Size
58m2
Local Government
Brisbane
Lot/Plan
57/SP107997

Last Listing description (June 2015)

Overview:
- 350sqm to 2,180sqm quality office
- Fully fitted out tenancies available

- 56 car parks + 12 visitor bays
- Shower facilities on each level
- Naming/signage rights available
- CBD & Brisbane River views (terrific natural light)
- The Barracks retail amenity: 400m
- On site caf
- BBQ facilities + outdoor area
- Close to public transport
57 Coronation Drive comprises four levels of prime commercial office accommodation which has recently undergone major refurbishment. Externally, the facade has been completely upgraded, making it one of Milton s most striking buildings. Internally, the office accommodation has also been revitalised, with both fitted and non-fitted out opportunities available for lease. Brand new kitchen and bathroom facilities have been introduced across the building which feature showers for staff use. Currently available for lease are tenancies from 350 991sqm which benefit from terrific levels natural light and views overlooking the CBD & Brisbane River. The property also boasts 56 undercover car parks with a further 12 visitor bays on offer for client use. There is also a large BBQ and outdoor area for tenants exclusive use which is located at the rear of the property.
57 Coronation Drive is ideally located within proximity to both retail amenity and public transport. An on-site caf is a recent addition to the building and will service the surrounding catchment. The award winning development The Barracks is also just 400m away along Petrie Terrace and features 12 respected caf & restaurant operators, a Palace Cinema, Coles supermarket, as well as a range of convenience and specialty stores which benefit from free short term stay parking. Further to, renowned retail precinct, Park Road is just a short walk from the property. Public transport is also in abundance with Milton & Roma Street Stations within 700m. Regular bus services operating along Milton Road & Coronation Drive further support the precinct by way of amenity.
For further information or to arrange an inspection please contact agents Jones Lang LaSalle or Wright Property.

Property History for 57/56 Park Rd, Milton, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$338,000
07 Dec 2023
Listed for Rent
26 Jun 2015
  • 07 Dec 2023
    Sold for $338,000
  • 29 Mar 2022
    Sold for $320,000
  • 27 Apr 2015
    Listed for Rent - Price not available
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About 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 37.44% increase in median value, while Units have seen a 80.27% increase. As at 28 February 2026:

  • The median value for Houses in Milton is $1,693,288 while the median value for Units is $816,904.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 26 properties listed for sale, and 30 properties listed for rent in Milton on OnTheHouse. According to Cotality's data, 188 properties were sold in the past 12 months in Milton.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.