FOR SALE
FOR SALE

6 Rutledge Street
Indooroopilly QLD 4068

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 607m2
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LANDHOLD, RENOVATION OR REBUILD OPPORTUNITY IN AN EXCLUSIVE RIVER-VIEW HILLTOP POSITION

Prestigiously perched on top of the hill with tranquil river views, in one of Indooroopilly's most exclusive enclaves, this property presents an outstanding opportunity to secure a prestigious location for future growth, or a luxury location to craft your new forever home.
Situated on 607sqm of exclusive land behind a wide 30-metre frontage, the existing 5 bedroom, 2 bathroom 60's built duplex offers ample accommodation ideal for a renovation, or remarkable scope to knock down and make way for a brand-new multimillion-dollar river-view residence within a highly coveted precinct, only 400m from St Peter's Lutheran College (STCA).
With the ability to generate income from the tenanted duplex while you make future plans (currently returning approx. $60k pa), you can bring your architect and begin designing your opulent hilltop abode.
In an area sought-after by families and in proximity to some of Brisbane's best education, this is the perfect place to raise your children. Within the Indooroopilly School catchments and mere moments from St Peter's, Brigidine, Ambrose Treacy and the UQ campus, top colleges are on your doorstep.
Featuring Indooroopilly Shopping Centre 1.3km away, and Indooroopilly train station 900m from your door, transport, shopping, dining, and entertainment are within easy reach. The scenic Riverwalk, beautiful parks, playgrounds, and golf courses at Indooroopilly and St Lucia are also close at hand, allowing you to enjoy a lifestyle of leisure, relaxation and recreation only 7.5km from the CBD.
Property Overview:
- Knock down rebuild opportunity in an exclusive hilltop position (STCA)
- 607sqm lot with a wide 30m frontage and tranquil river views
- Existing duplex (1x 2-bed, 1x 3-bed) with two tenants and $60k pa approx. rental income
- Premier position in a sought-after school precinct and close to amenities
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Property Details for 6 Rutledge St, Indooroopilly

6 Rutledge St, Indooroopilly is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 607m2. The place is currently for sale with Ray White Sherwood.

Building Type
House
Land Size
607m2

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About Indooroopilly 4068

The size of Indooroopilly is approximately 7.8 square kilometres. It has 31 parks covering nearly 34.9% of total area. The population of Indooroopilly in 2011 was 11,669 people. By 2016 the population was 12,235 showing a population growth of 4.9% in the area during that time. The predominant age group in Indooroopilly is 20-29 years. Households in Indooroopilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Indooroopilly work in a professional occupation. In 2011, 54.2% of the homes in Indooroopilly were owner-occupied compared with 51% in 2016.

Indooroopilly has 6,935 properties. Over the last 5 years, Houses in Indooroopilly have seen a 69.92% increase in median value, while Units have seen a 73.29% increase. As at 30 November 2024:

  • The median value for Houses in Indooroopilly is $1,566,909 while the median value for Units is $778,477.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 52 properties listed for sale, and 54 properties listed for rent in Indooroopilly on OnTheHouse. According to CoreLogic's data, 327 properties were sold in the past 12 months in Indooroopilly.

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Tim Davis
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