1516/35 Hercules StreetHamilton QLD 4007
Property Details for 1516/35 Hercules St, Hamilton
1516/35 Hercules St, Hamilton is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Apartment sold in Hamilton in the last 12 months.
Last Listing description (July 2024)
This is a rare find of an apartment building, mixed with a four-star hotel, blending residential living, long-term leasing, and short-term hotel rentals. You can live here while enjoying hotel amenities and environment, including a luxurious hotel lobby, 24-hour customer service, hotel security, timely building maintenance. You also have the option to choose between long-term leasing or short-term rentals for higher returns. Scarcity adds value to the property.
This North-facing fully furnished apartment offers a modern and breezy atmosphere with stunning views of the parkland below. Embracing low-maintenance living in a secure and conveniently situated complex, the property is currently in short-term leasing, yielding an approximate income of $3,500-$4500 per month with a gross rental return of 9%.
It can be vacant on settlement.
BC Levy: $1,607 per quarter approx.
Council rate: $480.95 per quarter approx.
Featuring
* One generously sized bedroom with built-in mirror door robes
* Contemporary bathroom
* Study nook
* Open plan living and dining area adjacent to a well-equipped kitchen
Additional amenities
* a fully equipped internal laundry
* Split system air-conditioning
* Ceiling fans
* Secure intercom access.
The property boasts quality fixtures and fittings throughout, enhancing its appeal. Enjoy resort-style outdoor facilities on Level 3, such as a communal BBQ area and a pool, along with a gym. The location is highly desirable, within a short stroll to river walks, the city cat terminal, and the Portside shopping precinct with cinemas.
The apartment is not only fully furnished but also self-contained, providing convenience and comfort. The bedroom includes a wall of built-in mirror door robes, and a good-sized study nook adds versatility to the living space. The modern kitchen complements the living area, creating a cohesive and functional layout.
The bathroom, conveniently located near the study, features a walk-in shower with a full glass screen, a stylish vanity, and a toilet. Additional storage solutions are found throughout the apartment, including a laundry space behind cupboard doors.
Residents have access to outdoor entertainment facilities within the complex, including a large swimming pool, communal BBQ area, and a gymnasium. The location is characterized by its proximity to key amenities, such as the Brisbane CBD (6 km), Brisbane's international and domestic airports (5 km), historic Eagle Farm Racecourse, Racecourse Road's renowned cafés and boutiques, fitness centers, medical and dental services, lush parklands, sports fields, children's playgrounds, and the Royal Queensland Golf Course.
Furthermore, the property is strategically positioned between Queensland's major employment and technology hubs-Brisbane CBD and Australia Trade Coast. It is also near City Cat Terminals, Bretts Wharf, Northshore Hamilton, KSD1, and Brisbane Technology Park. Major supermarkets, including Woolworths, Coles, and IGA, are conveniently located within a few minutes' walk. The seller, motivated to secure a sale, encourages offers from serious buyers.
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein
Property History for 1516/35 Hercules St, Hamilton, QLD 4007
- 03 Jul 2024Sold for $500,000
- 20 May 2024Listed for Sale Sold $500,000
- 06 Sep 2019Listed for Rent $429 / week
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About Hamilton 4007
The size of Hamilton is approximately 3.4 square kilometres. It has 8 parks covering nearly 2.5% of total area. The population of Hamilton in 2011 was 4,720 people. By 2016 the population was 7,001 showing a population growth of 48.3% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 53.6% of the homes in Hamilton were owner-occupied compared with 45.5% in 2016.
Hamilton has 6,275 properties. Over the last 5 years, Houses in Hamilton have seen a 61.78% increase in median value, while Units have seen a 52.59% increase. As at 31 August 2024:
- The median value for Houses in Hamilton is $2,317,091 while the median value for Units is $712,313.
- Houses have a median rent of $770 while Units have a median rent of $620.
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