28 Old Cleveland Road, Stones Corner, QLD 4120 | Property Value & History | OnTheHouse
OFF MARKET

28 Old Cleveland Road
Stones Corner QLD 4120

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Property Details for 28 Old Cleveland Rd, Stones Corner

Building Type
Commercial
Local Government
Brisbane

Last Listing description (December 2023)

Prime Owner-Occupier or Value-Add Opportunity

RE/MAX City is proud to offer for sale a rare city-fringe, freehold purchasing opportunity located at 28-38 Old Cleveland Road, Stones Corner.

28-38 presents a unique owner occupier or value add investment opportunity. The 2,400m2 fitted out building is positioned on a 1,977m2 block over 2 titles. The building is made up of five commercial tenants and one residential tenant, 4 of which are currently occupied, the largest vacant space available being a high-quality institutional grade commercial office building with campus style floorplan, previously leased by long term tenant Australian Institute of Applied Science.

Prime 1,977m* land holding over 2 lots

2,400m* of fitted out building area
Certificate of Classification
$122,353.06* net holding income from 4 commercial properties
Attractive earning potential
Disability access / Connected access from bus station to premises
38 car spaces in a secured basement / off street parking available
40m* frontage to the Old Cleveland Road retail strip
Local Neighbourhood Plan allows 6 level development
Premium opportunity for owner occupiers, investors and developers occupy, re-tenant, re-position, redevelop

Located only 4 km from Brisbane CBD, Stones Corner is a mixed-use precinct, with established retail, restaurant, office and residential land use. It has excellent access to public transport including bus and train and easy access to all arterials including South East Freeway, Clem 7, Airport Link and Gateway Motorway.

Please contact marketing agent Chris Esdale for further information and to schedule your inspection.

*Approx

Property History for 28 Old Cleveland Rd, Stones Corner, QLD 4120

A timeline of how this property has performed in the market
  • 17 Mar 2020
    Listed for Sale Contact Agent
  • 15 Jan 2020
    Listed for Rent - Price not available
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About Stones Corner 4120

The population of Stones Corner in 2016 was 8936 people. By 2021 the population was 2336 showing a population decline of 73.9% in the area during that time. The predominant age group in Stones Corner is 20-29 years. Households in Stones Corner are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Stones Corner work in a professional occupation.In 2021, 37.10% of the homes in Stones Corner were owner-occupied compared with 40.80% in 2016.

Stones Corner has 1,727 properties. Over the last 5 years, Houses in Stones Corner have seen a 64.53% increase in median value, while Units have seen a 110.15% increase. As at 31 December 2025:

  • The median value for Houses in Stones Corner is $1,313,917 while the median value for Units is $853,490.
  • Houses have a median rent of $650 while Units have a median rent of $660.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Stones corner on OnTheHouse. According to Cotality's data, 82 properties were sold in the past 12 months in Stones corner.

Suburb Insights for Stones Corner 4120

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.