14 Blackwood StreetMitchelton QLD 4053
Property Details for 14 Blackwood St, Mitchelton
Last Listing description (May 2026)
14 Blackwood Street, Mitchelton presents a rare chance to acquire a freehold property with strong holding income and Development Approval for a boutique mixed-use project.
Set on 1,174 sqm of Major Centre zoned land, the property sits within a thriving hub of retail, medical, dining, and residential. With 100% tenancy occupancy and future development approval already in place, this asset is ideal for both investors and developers.
Key Features:
1,174 sqm freehold land parcel
Existing improvements: 3 retail shops, house, and storage sheds
442 sqm total building area, fully leased with no impediments
Gross income: $119,604 (incl gst) per annum | Outgoings: approx. $27-$28k.
Development Approval: 11 units + 1 retail shop (180 sqm)
8 x 3-bedroom units
3 x 2-bedroom units
5 levels including ground floor retail
Major Centre zoning with flexibility for a wide range of future uses
Prime location within Brisbane's inner-north west, only 15 mins to CBD
Location Highlights:
Walking distance to Mitchelton Train Station and Brookside Shopping Centre
3 mins to Enoggera Gallipoli Barracks
Thriving commercial and residential precinct with strong daily activity
This opportunity in one of Brisbane's most dynamic growth corridors. Whether you're seeking strong returns today or development upside tomorrow, 14 Blackwood Street ticks all the boxes.
Contact Dennis You 0472 789 847 or email dennis.you@yong.com.au
Contact Peter Huang 0418 888 889 or email peter.huang@yong.com.au
Property History for 14 Blackwood St, Mitchelton, QLD 4053
- 07 Oct 2025Listed for Sale Offers from $2.99 Million
- 08 May 2023Listed for Rent - Price not available
- 06 Jul 2021Sold for $1,150,000
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0About Mitchelton 4053
The size of Mitchelton is approximately 4.2 square kilometres. There are 17 parks, covering nearly 7.3% of the total area. The population of Mitchelton in 2016 was 8559 people. By 2021 the population was 9244 showing a population growth of 8.0% in the area during that time. The predominant age group in Mitchelton is 40-49 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation.In 2021, 60.40% of the homes in Mitchelton were owner-occupied compared with 60.70% in 2016.
Mitchelton has 4,037 properties. Over the last 5 years, Houses in Mitchelton have seen a 81.37% increase in median value, while Units have seen a 109.71% increase. As at 30 April 2026:
- The median value for Houses in Mitchelton is $1,428,411 while the median value for Units is $901,144.
- Houses have a median rent of $720 while Units have a median rent of $650.
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