20 Bogong StreetRiverhills QLD 4074
Property Details for 20 Bogong St, Riverhills
Last Listing description (May 2014)
SHOPPING CENTRE WITH EXCELLENT RETURNS
This mixed commercial retail centre located on Bogong Street, Riverhills features a 16 tenancy complex returning approximately $250,000 NET income per year.
Perfect for the astute buyer at this price range and incorporating a prime development site as well. The property is located just off Sumner Road and close to the Western Freeway and surrounding suburbs of Riverhills, Sumner, Jamboree Heights and Mount Ommaney to name a few.
SUMMARY
16 TENANTS
1,228 Square Metres of Floor Area
Land Size of 6,614 Square Metres (1 1/2 Acres)
Approximately 110 Car Parks
10% RETURN
FOR SALE AT $2.5 MILLION
Please contact our Commercial Consultants today for a Confidential discussion in relation to this rewarding opportunity or to request further details. Viewings can be arranged at your convenience.
Property History for 20 Bogong St, Riverhills, QLD 4074
- 24 Dec 2024Sold for $4,200,000
- 20 Oct 2013Listed for Sale $2.5 MILLION
- 04 Apr 2013Listed for Sale CONTACT AGENT
Recent sales nearby
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About Riverhills 4074
The size of Riverhills is approximately 2.3 square kilometres. It has 4 parks covering nearly 31.0% of total area. The population of Riverhills in 2016 was 4042 people. By 2021 the population was 4121 showing a population growth of 2.0% in the area during that time. The predominant age group in Riverhills is 30-39 years. Households in Riverhills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverhills work in a professional occupation.In 2021, 73.40% of the homes in Riverhills were owner-occupied compared with 71.70% in 2016.
Riverhills has 1,634 properties. Over the last 5 years, Houses in Riverhills have seen a 92.66% increase in median value, while Units have seen a 115.72% increase. As at 31 March 2026:
- The median value for Houses in Riverhills is $1,142,373 while the median value for Units is $862,275.
- Houses have a median rent of $695 while Units have a median rent of $415.
Suburb Insights for Riverhills 4074
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