Lots 1 & 6, 179-181 Ross River Road, Mundingburra, QLD 4812

Offices | Other

Sold $325,000

  • Property ID: 421387
  • Floor Area: 85m²
  • Land Area: 163m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 09/05/2023 85m2 163m2 N/A
Ross River Road tenanted office investment & residential apartment

This architecturally designed, mixed-use development was constructed in 2011 and consists of two commercial offices and six residential units.

Office suite 1 (Lot 1) and Unit 1 (Lot 7) are available for immediate sale and include the following:
Unit 1 is located directly above office suite 1.

Office Suite 1 (Lot 1) - 85 sqm commercial office
• Subject to a commercial lease expiring 30/11/2024
• Rental income of $29,225 per year + GST
• Leased to Family Daycare Association Queensland
• Ground floor with disabled access throughout
• Professional office fit out
• Dedicated disabled-compliant bathroom
• Kitchen & staff room
• 2 allocated on-site car spaces
• Affordable strata fees of $1,173 per quarter including insurance
Price: $325,000

Unit 1 (Lot 7) - 163 sqm first-floor residential apartment
• Subject to a residential lease at $19,240 per year
• 3 bedrooms
• 2 bathrooms including ensuite
• fully air-conditioned
• Large enclosed deck space
• Opportunity to convert to commercial office space (Subject to an MCU)
• 2 allocated on-site car spaces
• Affordable strata fees of $1,173 per quarter including insurance
Price: $325,000

This attractive complex has always enjoyed full occupancy.

Also Available By Negotiation:

Office Suite 2 (Lot 6)
• 135 sqm ground floor professional office
• Vacant possession
• 3 on-site car spaces
• Offered for lease at $47,250 p.a. + GST

Unit 6 (Lot 8)
• 166 sqm first-floor residence
• Approved for Commercial Office Use
• 2 on-site car spaces
• Currently tenanted

Note: Unit 6 is directly above Office Suite 2.

For more information or to arrange an inspection, please contact marketing agents Ray White Commercial.

Mundingburra Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $850 ---
Offices $3472 --- ---
This is the average advertised price, rent and yield for Mundingburra, QLD 4812*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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