271 Rode Road, Wavell Heights, QLD 4012 | Property Value & History | OnTheHouse
 
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271 Rode Road
Wavell Heights QLD 4012

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 465m2
Land area: 604m2
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Property Details for 271 Rode Rd, Wavell Heights

Building Type
Commercial
Floor Size
465m2
Land Size
604m2
Local Government
Brisbane
Lot/Plan
1/RP43937

Last Listing description (April 2021)

Extremely low vacancy rate & located in the sought after retail hub in the popular suburb of Wavell Heights, this property enjoys excellent exposure to busy Rode & Pfingst Roads. With bus stops in the immediate vicinity this property caters for a wide range of uses and will best suit an investor seeking a prime, prominent position, with leases in place for all shops in the complex.

Here's the main details:

$123,523.87 rental income

7.1% return

$15151.76 In outgoings ( $14501.78 collected from tenants )

-4 Shops with Tenants in place on 2,4 & 5 year leases

-465m2 of shop space.

-First Floor:
-Shop A: 233m2 of retail space
-Private toilet and bathroom are also on this floor.

Ground Floor:
-Shop B: 42m2 of retail space
-Shop C: 118m2 of retail space
-Shop D: 72m2 of retail space
-Male & female toilets, add to this level

-604m2 of land on a corner block, with two street frontage

-10 Parking spaces

For further information please contact Hayden Flouch on 0438 742 087, or the Go Gecko Inner North Office, 07 3122 1323.

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Property History for 271 Rode Rd, Wavell Heights, QLD 4012

A timeline of how this property has performed in the market
Last Sold
$1,620,000
27 Jan 2021
Listed for Rent
07 Feb 2020
  • 27 Jan 2021
    Sold for $1,620,000
  • 21 Jul 2019
    Listed for Sale FOR SALE VIA OFFERS TO PURCHASE
  • 21 Nov 2015
    Listed for Sale $1,740,000
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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 86.88% increase in median value, while Units have seen a 96.26% increase. As at 31 January 2026:

  • The median value for Houses in Wavell Heights is $1,573,247 while the median value for Units is $811,715.
  • Houses have a median rent of $745 while Units have a median rent of $608.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Wavell heights on OnTheHouse. According to Cotality's data, 216 properties were sold in the past 12 months in Wavell heights.

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