Property Details for 272 Newmarket Rd, Wilston
Last Listing description (November 2024)
INNER CITY MULTI-TENANTED INDUSTRIAL INVESTMENT WITH UPSIDE
• Fully leased to 5 tenants providing holding income
• Existing improvements 1,200sqm* GFA
• Situated on 2,066sqm land zoned Low Impact Industry
• Substantial future rental reversion via refurbishment
• Excellent access & local amenity including bus & train at door
• Genuine opportunity to reposition asset to the market
• First time offered in 32+ years - Retiring Vendor Will be Sold
For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.
Auction In-Rooms (if not sold prior) Wednesday 2 October 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron
Listing ID 1136081
Property History for 272 Newmarket Rd, Wilston, QLD 4051
- 02 Oct 2024Sold - Price Undisclosed
- 21 Aug 2024Listed for Sale Auction In-Rooms 2 October 2024
- 11 Nov 2007Listed for Sale Not Disclosed
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About Wilston 4051
The size of Wilston is approximately 1.4 square kilometres. There are 9 parks, covering nearly 14.2% of the total area. The population of Wilston in 2016 was 3937 people. By 2021 the population was 4110 showing a population growth of 4.4% in the area during that time. The predominant age group in Wilston is 50-59 years. Households in Wilston are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wilston work in a professional occupation.In 2021, 64.00% of the homes in Wilston were owner-occupied compared with 62.10% in 2016.
Wilston has 1,784 properties. Over the last 5 years, Houses in Wilston have seen a 43.07% increase in median value, while Units have seen a 83.32% increase. As at 31 August 2026:
- The median value for Houses in Wilston is $2,042,172 while the median value for Units is $939,059.
- Houses have a median rent of $850 while Units have a median rent of $620.
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