FOR SALE
Expected Offeres between $620,000 to $650,000

1009/123 Cavendish Road
Coorparoo QLD 4151

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
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Luxury 2 bedroom with courtyard in the Orion Apartment complex

Affordable luxury living. With train & bus virtually on your door step this lovely ground floor apartment is a commuter's dream home. Only 4 Kms from the city and serviced by both train and bus within a short walk. You'll also enjoy a vibrant restaurant and shopping precinct which includes Woolworths, Coles and Aldi. This is just the start of what this new generation apartment offers. It's located in a quiet location with a private courtyard providing even more living space if required. Add a roof-top pool and entertainment area and you'll enjoy a lifestyle above and beyond the rest.
This apartment presents an outstanding investment opportunity with a secure lease in place until February next year, generating $580 per week in rental income. The next planned increase will be reviewed at $640 p/w. With low body corporate fees, it offers a strong return while benefiting from impressive capital growth in the sought-after Coorparoo area.
STANDARD APARTMENT FEATURES
• Designed with a private courtyard
• Ducted air-conditioning and ceiling fans in the living area and bedrooms
• Kitchen features, gas cooktop, quality appliances, glass splashbacks and stone bench tops
• Recessed LED downlights
• A designated car park with secure lift access
• Video Intercom, secure access to all building entry points
• Amazing roof-top pool and entertainment area with spectacular views towards the city.
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Property Details for 1009/123 Cavendish Rd, Coorparoo

1009/123 Cavendish Rd, Coorparoo is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 84m2. The place is currently for sale with Raine & Horne Onsite Sales.

Building Type
Apartment
Floor Size
84m2

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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 9,877 properties. Over the last 5 years, Houses in Coorparoo have seen a 73.70% increase in median value, while Units have seen a 91.72% increase. As at 30 November 2024:

  • The median value for Houses in Coorparoo is $1,616,130 while the median value for Units is $716,197.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 21 properties listed for sale, and 21 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Coorparoo.

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