Property Details for 264 Rode Rd, Wavell Heights
Last Listing description (December 2024)
Entry-Level Brisbane Retail Centre| Passive 3.96 Year WALE
RWC Retail are proud to present 264 Rode Road, Wavell Heights. For Sale by Auction on Friday 29th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
|What|
Fully leased 220sqm* retail centre with just three tenants
Strong 3.96 year WALE
Passive net leases, with tenants paying for all the usual outgoings
Fully Leased Net Income of $120,452 + GST p.a.
|Where|
Prominent corner land parcel with exposure to over 172,000 vehicles weekly
Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,
Located at the intersection of two major roads, in close proximity to 3 schools and major retail & medical precincts
|Why|
Landlord favourable annual rent increases of CPI and 4%
Longstanding tenant history, with two tenants occupying for over 16 years
An affordable, low-maintenance property makes this an ideal entry-level investment
High profile corner with outstanding positioning on a busy intersection between two major roads.
6 on-site parking bays, providing convenient customer access
Property History for 264 Rode Rd, Wavell Heights, QLD 4012
- 02 Dec 2024Sold - Price Undisclosed
- 01 Nov 2024Listed for Sale Auction 29 November 2024 9:45am
- 27 Sep 2023Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/zqhtah2xrai65gltvwmsfeiipa?signature=17897fb36ca82ea5cc1b0dd64ec451ff48a2bf174241e2a4b74e2ef44c4e79c2){kind=logo}
0
/assets/perm/h4kb3qx3aii6tp5sf6oqlelwui?signature=050742822ed491fe2979f49191f07e7b0e8f432e3237b179d5cba6b7c79ed14f){kind=logo}
0/assets/perm/6hmx7qjsrmi65nlwwpvlii55qe?signature=782fb14cd649c5af74f34479abcc949946dc31362e5222f3f0135f884b70c82c){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Wavell Heights 4012
The size of Wavell Heights is approximately 4.1 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Wavell Heights in 2016 was 9684 people. By 2021 the population was 10336 showing a population growth of 6.7% in the area during that time. The predominant age group in Wavell Heights is 30-39 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation.In 2021, 71.30% of the homes in Wavell Heights were owner-occupied compared with 70.60% in 2016.
Wavell Heights has 4,277 properties. Over the last 5 years, Houses in Wavell Heights have seen a 92.51% increase in median value, while Units have seen a 98.60% increase. As at 31 December 2025:
- The median value for Houses in Wavell Heights is $1,552,283 while the median value for Units is $810,657.
- Houses have a median rent of $740 while Units have a median rent of $615.
Suburb Insights for Wavell Heights 4012
Market Insights
Wavell Heights Trends for Houses
N/A
N/A
View TrendN/A
N/A
Wavell Heights Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
