31 Park StreetPark Avenue QLD 4701
Property Details for 31 Park St, Park Avenue
Last Listing description (April 2021)
Available now for sale is this prime fully tenanted multi tenanted industrial facility in the heart of the Park Avenue industrial area. The property consists of 6 separate tenancies allowing a diverse range of tenants and strong income stream. The sheds are constructed with concrete tilt up external walls with corrugated iron walls separating the internal tenancies. They also feature mezzanine offices and amenities in each. The facility also features concrete hard stand and ample parking.
Take advantage of the booming industrial market in the region currently and secure this prime asset.
- Annual net rental of $185,144
- 1,620 sqm of net lettable area
Contact Jonathon Offord for a copy of the Information Memorandum
Property History for 31 Park St, Park Avenue, QLD 4701
- 09 Mar 2021Sold for $2,325,000
- 24 Feb 2021Listed for Sale SOLD - Price Withheld
- 19 Nov 2019Listed for Rent $2,500 / year
Recent sales nearby
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0About Park Avenue 4701
The size of Park Avenue is approximately 4.6 square kilometres. There are 6 parks, covering nearly 12.0% of the total area. The population of Park Avenue in 2016 was 5094 people. By 2021 the population was 5292 showing a population growth of 3.9% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation.In 2021, 63.60% of the homes in Park Avenue were owner-occupied compared with 61.80% in 2016.
Park Avenue has 2,684 properties. Over the last 5 years, Houses in Park Avenue have seen a 114.85% increase in median value, while Units have seen a 78.76% increase. As at 31 July 2026:
- The median value for Houses in Park Avenue is $541,667 while the median value for Units is $434,761.
- Houses have a median rent of $550 while Units have a median rent of $380.
Suburb Insights for Park Avenue 4701
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