Smart Buyers Blog

Screen Shot 2023-07-03 at 11.18.00 am

Buyers Agent Brisbane Home Buyer Insights – What’s happening in Auchenflower – Commercial property to be transformed if development application is approved

Share with a friend:

As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Auchenflower.

A development application has been lodged to transform an existing two-storey commercial building in Auchenflower, in Brisbane’s inner west, into a neighbourhood lifestyle hub with a food and drink outlet, office and a shop.

The development at 28 Grimes Street would be operated by Fifth Avenue Lifestyle, which offers boutique studio rental opportunities across Brisbane for hairdressers, barbers, beauty specialists and entrepreneurs offering allied health, creative or professional services. It has several other developments across the city.

According to the developed application, the proposed project would rejuvenate and extend the Auchenflower building, enhancing its street appeal and providing a modern highly functional working space as an alternative to a traditional workplace.

The ground floor of the project would have a food and drink outlet (a café), and an office/shop space, while the first floor would also have an office/shop tenancy. The development will also have 10 car parks, and would operate from 6am to 10pm.

Market Snapshot – Auchenflower

Median house price House annual price growth Houses sold over past 12 months Median Unit price Unit annual price  growth Units sold over the past 12 months Population Median age of residents % of renters
$1,450,000 -6.45% 40 $525,000 0.96% 87 6,053 32 46.3%

Source: CoreLogic, ABS 2021 Census

 

Would you like help with your next Brisbane home or investment property purchase?

As a Brisbane buyers agent focused on the best results for our clients we’ll help you make a smart buying decision on your next property purchase. We act independently and only select homes that meet our strict ‘smart buying’ criteria.

Our clients regularly tell us they engaged us because they were frustrated by their Brisbane property search. They were sick of wasting their time at weekend open homes and in the evenings – time that could be better spent with their loved ones.

We’d love to help you make your next Brisbane property investment or home purchase.

FREE session: “Brisbane Buyers Agent Insight Session”

Imagine being crystal clear on what’s most important to you, so you can buy a property that sets you up best financially and lifestyle-wise. Book a free Brisbane Buyers Agent Insight session today. In this session, we’ll help you get clear on your Buying Brief. We’ll also give you some insight into hot Brisbane property opportunities available right now.

This session is valuable to home buyers, investors, and first home buyers.

You’ll leave our session knowing exactly the type of property you need to grow a strong financial future and property portfolio.

To book your “Brisbane Buyers Agent Insight Session” register at the form to the right of this blog, call 0409 499 034 or email paul@brisbanebuyersagency.com.au