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Sold on 26 Sep 2024 - Price Unavailable

41 Burlington Street
Holland Park QLD 4121

Bedrooms: 6
Bathrooms: 5
Car spaces: 7
Land area: 830m2
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Property Details for 41 Burlington St, Holland Park

41 Burlington St, Holland Park is a 6 bedroom, 5 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 830m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom BlockOfUnits sold in Holland Park in the last 12 months.

Building Type
BlockOfUnits
Land Size
830m2
Local Government
Brisbane
Lot/Plan
2/RP62622

Last Listing description (September 2024)

Just 6.5km radius from the CBD, in one of the inner-south's hottest rental zones, is this block of 5 fully-leased units on a huge 830m2 block of land.

With only a few blocks over 800m² becoming available in Holland Park each year, the rarity and scale of this property presents an enormous asset on its own. That's before even considering the lucrative current returns of approximately $100,000 per annum, or the huge bonus potential to update, land bank, subdivide, or refresh and make way for an entirely new commodity (STCA).

This is a consistently in-demand low vacancy area, popular with medical practitioners, families, and professionals for its close access to the CBD, Greenslopes and PA hospitals, top-rated schools, and vibrant dining.

That spotlight is only set to boost alongside DA approval for a new Logan Road shopping precinct featuring Woolworths, dining, medical and specialty retail - all within just 5 minutes stroll from here. Adding a sought-after spot in the Holland Park SS and Cavendish Road SHS catchments, it's a future-proof bet with imminent growth potential.

Key Features:
- Lot dimensions 20.4m x 42.2m deep
- Tidy complex with recent roof upgrades (late 2022)
- Shared laundry facilities, individual parking
- Current estimated returns at $100k p.a (approx)
- Low vacancy area, booming with tenants
- 5 min walk from DA approved shopping precinct on Logan Rad
- Among prized Holland Park SS & Cavendish Road SHS catchments

For more information or a copy of the information memo and expression of interest form, please call Piers Crawford or Steve Landeta on the numbers provided below.

Lease details:
Unit 1 | 2 bed 1 bath 1 car - $420 p/week - Feb 2025
Unit 2 | 1 bed 1 bath 1 car - $360 p/week - Jan 2025
Unit 3 | 1 bed 1 bath 1 car - $360 p/week - Sept 2025
Unit 4 | 1 bed 1 bath 1 car - $365 p/week - Sept 2024
Unit 5 | 1 bed 1 bath 1 car - $400 p/week - Feb 2025

Disclaimer:
While preparing this information we have used our best endeavors to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries to verify the information contained here.

Property History for 41 Burlington St, Holland Park, QLD 4121

A timeline of how this property has performed in the market
Last Sold
26 Sep 2024
Listed for Rent
$330/w
24 Sep 2015
  • 26 Sep 2024
    Sold for $2,125,000
  • 02 Sep 2024
    Listed for Sale Undisclosed
  • 07 Jul 2020
    Listed for Rent - Price not available
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About Holland Park 4121

The size of Holland Park is approximately 3.1 square kilometres. It has 17 parks covering nearly 9.1% of total area. The population of Holland Park in 2011 was 7,848 people. By 2016 the population was 8,116 showing a population growth of 3.4% in the area during that time. The predominant age group in Holland Park is 40-49 years. Households in Holland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Holland Park work in a professional occupation. In 2011, 61.7% of the homes in Holland Park were owner-occupied compared with 61.3% in 2016.

Holland Park has 3,467 properties. Over the last 5 years, Houses in Holland Park have seen a 96.50% increase in median value, while Units have seen a 90.44% increase. As at 30 September 2024:

  • The median value for Houses in Holland Park is $1,406,956 while the median value for Units is $714,135.
  • Houses have a median rent of $660 while Units have a median rent of $535.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Holland park on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Holland park.

Suburb Insights for Holland Park 4121

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Contact agent
Piers Crawford
Show contact details
Steve Landeta
Show contact details
Ray White Holland Park
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.