1208 Sandgate RoadNundah QLD 4012
Property Details for 1208 Sandgate Rd, Nundah
Last Listing description (November 2021)
+ Diversified Multi-Tenanted Investment 100% Leased with 8 Long Term Tenants
+ Majority of leases are on a 5 year term
+ Minimum 2% fixed annual rental increases, assuring growth
+ Prime freestanding 1,639sqm corner site with triple street access
+ Complementary tenancy mix restaurant, hairdresser, beauty therapist, caf and office space
+ Rare off street car parking with a total of 16 spaces
+ Modern build with potential depreciation benefits
+ Nundah Inner suburb in Northern Brisbane, with easy access to the M1 Gateway Motorway and intersected by the Sandgate Road major arterial
+ Net income: $349,165 pa + GST
For Sale by Investment Portfolio Auction
11am (Brisbane Time) Wednesday 10 November 2021
Property History for 1208 Sandgate Rd, Nundah, QLD 4012
- 11 Nov 2021Sold for $6,851,000
- 06 Oct 2021Listed for Sale Price on Request
- 25 May 2020Listed for Rent - Price not available
Recent sales nearby
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0About Nundah 4012
The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2016 was 12141 people. By 2021 the population was 13098 showing a population growth of 7.9% in the area during that time. The predominant age group in Nundah is 30-39 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation.In 2021, 43.00% of the homes in Nundah were owner-occupied compared with 40.00% in 2016.
Nundah has 8,407 properties. Over the last 5 years, Houses in Nundah have seen a 80.72% increase in median value, while Units have seen a 132.06% increase. As at 31 March 2026:
- The median value for Houses in Nundah is $1,524,497 while the median value for Units is $875,676.
- Houses have a median rent of $745 while Units have a median rent of $625.
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