31 Blackwood StreetMitchelton QLD 4053
Property Details for 31 Blackwood St, Mitchelton
Last Listing description (October 2026)
The property is first time offered for sale in 40 years, situated in the busy and tightly held Mitchelton Retail Precinct which is only 9 km north-west of Brisbane CBD. This is a very rare investment opportunity in the growing Mitchelton for Owner Occupiers, Investors or Developers.
Property Highlights:
Free-standing solid brick commercial building
Only 9 kms from Brisbane CBD
Major Centre Zoning
Re-development Potential to Maximum of 4 levels (STCA)
Land area 822 sqm rectangular site. High underlying Land value.
Building area of 174 sqm (approx.) configurated into 2 shops @ 87sqm (see floor plan)
Each shop with separate street front entrance, rear access and toilet facilities
Both shops are air-conditioned
Ample space for on-site parking at rear
Walking distance to Mitchelton train station and bus stop near shop front
Neighbouring with array of restaurants, health & wellbeing options and modern conveniences in the Mitchelton Retail Precinct, only 700M to Brookside Shopping Centre and 1.3M to Terala Park.
Current Tenancy:
Shop 1: Leased until 16/5/2027
Shop 2: Leased unit 12/2027 + 3 yr option
Outgoings:
Council rates: $2,600 per quarter by owner
Building insurance: Approx $4,700 per year by owner
Electricity: bear by tenants
Water and Sewerage: bear by tenants
Grease Trap: bear by tenants
NO BODY CORP / COMMERCIAL MANANGEMENT FEES
Versatile Options for owner:
Run your own business in one shop and rent out the other for extra income
Rent out both shops to enjoy dual income streams
Extend or demolish and re-develop (STCA)
Contact Exclusive Agent Ronnie Lo @ 0433 575 330 for inspection and submit your best offer.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties must instead satisfy themselves by inspection and obtain their own legal/professional advice.
Property History for 31 Blackwood St, Mitchelton, QLD 4053
- 08 Oct 2026Listed for Sale Contact Agent
- 01 Oct 2026Sold
- 16 Jun 2026Listed for Sale For Sale
Recent sales nearby
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About 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 4,106 properties. Over the last 5 years, Houses in Mitchelton have seen a 57.32% increase in median value, while Units have seen a 84.72% increase. As at 30 September 2026:
- The median value for Houses in Mitchelton is $1,389,151 while the median value for Units is $864,478.
- Houses have a median rent of $755 while Units have a median rent of $650.
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