Property Details for 70 Raynham St, Salisbury
Last Listing description (November 2023)
HIGH PROFILE MULTI-TENANTED SALISBURY INVESTMENT
Blue Commercial and Cushman & Wakefield are pleased to exclusively present this exciting investment opportunity in the heart of one of Brisbane's traditional industrial precincts. 70 Raynham Street, Salisbury is a multi-tenanted land rich investment offered for sale via Expressions of Interest.
This infill property has 3,214m2* of total building area situated on a 6,417m2* corner block of land and is home to multiple tenants returning an annual passing income of $337,936.38*. It is located in the history rich industrial suburb of Salisbury approximately 13km south of the Brisbane CBD.
A few key features include:
- 3,214m2* of GLA on a 6,417m2* corner site block
- Five tenants producing a current annual passing income of $337,936.38*
- Opportunity for significant rental uplift for the prospective buyer
- Suitable for future development upside (STCA)
- In proximity to major arterials such as the Pacific Motorway, Ipswich Motorway, and Beaudesert Road
- Zoned IN1 Industry (General industry A)
- Flexible tenancy options
All offers on this property must be submitted by 4:00pm on Thursday the 31st of August 2023.
To find out more, or to book an inspection, please reach out to the exclusive agents below.
*approx
Property History for 70 Raynham St, Salisbury, QLD 4107
- 02 Aug 2023Listed for Sale Contact Agents
- 16 Jan 2015Listed for Rent WOW ONLY $70 PER SQM
- 25 Oct 2014Listed for Rent WOW ONLY $70 PER SQM
Recent sales nearby
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0About Salisbury 4107
The size of Salisbury is approximately 4.6 square kilometres. There are 10 parks, covering nearly 14.9% of the total area. The population of Salisbury in 2016 was 6290 people. By 2021 the population was 6790 showing a population growth of 8.0% in the area during that time. The predominant age group in Salisbury is 30-39 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Salisbury work in a professional occupation.In 2021, 68.40% of the homes in Salisbury were owner-occupied compared with 67.10% in 2016.
Salisbury has 3,063 properties. Over the last 5 years, Houses in Salisbury have seen a 108.04% increase in median value, while Units have seen a 124.95% increase. As at 30 April 2026:
- The median value for Houses in Salisbury is $1,389,159 while the median value for Units is $955,612.
- Houses have a median rent of $675 while Units have a median rent of $550.
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