14 Ross Court, Cleveland, QLD 4163

Retail | Offices | Medical

Sold $550,000 Under Offer

  • Property ID: 430767
  • Floor Area: 216m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 28/09/2023 216m2 N/A N/A
221sqm. Retail/Showroom/Consulting/Office. Invest/Occupy

LJH Commercial are pleased to present Lot 14 Ross Court, to the market for immediate sale.
* Level 1: currently used for Yoga Studio.
* 216sqm Total space.
* 120 onsite car spaces for common use.
* Multiple Suitable future uses, including office/consulting etc.
* Lease in place until 31/12/2024.
* Substantial growth in income. Well under market value lease rate.
* Current Rental until 30/06/2023 is $27,000 + GST
* Rent from 1/7/2023 until 31/12/2024 $30,000 + GST.
* Outgoings: Body Corp $1963 per Qrt, Rates & Water $894 per Qrt.
* Total Outgoings Per annum approx. $11,428 per annum.
* Opportunity to invest and occupy in future.
* Well known site in Cleveland on the Doorstep of the CBD.
* Centre anchored by IGA & Department of Transport Main Roads.
* Deal to be done.
* Contact Exclusive Agents Tasmin Colquhoun or Manoli Nicolas for inspection today.

PRICE: Contact Agent
BUILDING AREA: 221 sqm

Location
Cleveland is located approximately 16kms (via road) east of the gateway motorway, 23kms (via road) north-east of the pacific motorway and approximately 9kms (via road) east of the Capalaba industrial precinct. Cleveland is the local government and business centre of the newly named Redland City (formally Redland Shire). Cleveland and the Redland’s diverse population give local businesses access to a strong professional, skilled and labour workforce. The Cleveland commercial property mixture of professional office, retail, industrial and warehouse space provides local businesses and manufacturers access to most required professional and trade services and locally manufactured or imported products, while also having good access to major arterial roads and motorways connected Cleveland to the greater Brisbane, Gold and Sunshine Coast market places. A large attraction for businesses moving to the Redlands is the creation of work/life balance assisted through living and working in the Bayside area.

Cleveland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3472 $169 4.88%
Retail $6014 $183 3.05%
Offices $6014 $414 6.89%
This is the average advertised price, rent and yield for Cleveland, QLD 4163*

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

Days on Market data for Retail 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:

  • 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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