FOR SALE
Auction

1-6/19 Rutland Street
Coorparoo QLD 4151

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
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Auction Time
Wed 24 Jul 6:00 pm
Inspection Times
No upcoming inspections scheduled.
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Entire Strata-Titled Unit Block Opportunity

Rarely do opportunities like this come up, on offer is this entire block of 6 strata-titled units, set on an 827m2 block in an elevated and exclusive pocket of Coorparoo. This six-residence building positioned in a quiet street with suburban views currently generates $134,160 Per/Annum ($2580 Per/Week) in rental income. This cavity brick unit block will impress with its ready-made investment and capital growth opportunities.
Auction Details: if not sold prior,
Coronis In-Room Auction Event
520 Lutwyche Road, Lutwyche, QLD, 4030
24/7/2024 at 6:00 pm
The property's six (2 bed, 1 bath) units offer a choice of expansive floorplans ranging from 106m2- 123m2, with all units in perfectly rentable condition, you could still come through and renovate the units to a higher standard if you would like. All units are air-conditioned, and have lush treetop skyline aspects captured from all apartments, with the interiors further enhanced by fresh hillside cross breezes.
Set amongst beautiful traditional character homes. Located just 300 metres walk from an express bus stop (15 minutes to and from the CBD plus a short drive to Westfield Carindale), the property is also moments from the South-East Freeway, Hospitals, local cafes, Coorparoo Square's restaurants, bars, multiple supermarkets and cinemas; and within the catchment of the coveted Coorparoo State School and Coorparoo Secondary College.
The property's three unique floor plans offer open-plan designs, plenty of flowing natural light and an abundance of space and large bedrooms. All units are currently occupied by long-standing tenants with leases all in place.
Current Annual Outgoings:
- Common Property Electricity - $474.52 P/A
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Property Details for 1-6/19 Rutland St, Coorparoo

1-6/19 Rutland St, Coorparoo is a 12 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The place is currently for sale with Coronis Inner South.

Building Type
BlockOfUnits

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About Coorparoo 4151

The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2011 was 14,944 people. By 2016 the population was 16,284 showing a population growth of 9.0% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation. In 2011, 52.7% of the homes in Coorparoo were owner-occupied compared with 52.1% in 2016.

Coorparoo has 9,829 properties.

    There are currently 27 properties listed for sale, and 28 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 426 properties were sold in the past 12 months in Coorparoo.

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    Solomon Michael
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    Coronis Inner South
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