FOR SALE
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1 - 6/19 Dickson Street
Morningside QLD 4170

Bedrooms: 8
Bathrooms: 6
Car spaces: 6
Land area: 1012m2
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WHOLE UNIT BLOCK - POSITION PERFECT - TROPHY INVESTMENT

SITUATED OFF RIDING ROAD IN THE EXCLUSIVE MORNINGSIDE - HAWTHORNE PRECINCT WE OFFER THIS SOLID BRICK UNIT COMPLEX OF 2 X 2 BEDROOM & 4 X 1 BEDROOM UNITS. FULLY LET UNDER LEASE RETURNING $131,820.00 PA. SOMEWHAT UNDER LET THE CURRENT APPRAISED RENTAL VALUE IS $148,200.00 PA. ASTUTE INVESTORS WILL READILY UNDERSTAND THE LOCATIONAL BENEFIT OF THE PROPERTY RELATING TO INCREASED RENTAL RETURN AND FUTURE CAPITAL GROWTH.
Located on a generous allotment of 1012 sqm the property enjoys future subdivisional potential. On one title, the solid brick units are fully self contained with good paying responsible tenants.
VALUE WEIGHT IS GIVEN TO THE A1 LOCATION BEING IN WALKING DISTANCE TO THE CAFES AND EATERIES ALONG RIDING ROAD AND BULIMBA, BUS STOPS, WATER TAXIS ALONG THE BRISBANE RIVER, ACCESS TO THE CBD OF BRISBANE AND THE AIRPORT AND 1.2KS TO THE MORNINGSIDE RAILWAY STATION MAKES THIS AN OUTSTANDING INVESTMENT OPPORTUNITY. An Information Memorandum including outgoings and current rental appraisal is available on request. Enquiries to Andrew Sim 0426 582 818

Property Details for 1 - 6/19 Dickson St, Morningside

1 - 6/19 Dickson St, Morningside is a 8 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Ray White Redcliffe.

Building Type
BlockOfUnits
Land Size
1012m2

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About Morningside 4170

The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.

Morningside has 6,540 properties. Over the last 5 years, Houses in Morningside have seen a 80.78% increase in median value, while Units have seen a 72.97% increase. As at 30 November 2024:

  • The median value for Houses in Morningside is $1,442,734 while the median value for Units is $780,729.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 27 properties listed for sale, and 19 properties listed for rent in Morningside on OnTheHouse. According to CoreLogic's data, 335 properties were sold in the past 12 months in Morningside.

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Andrew Sim
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Ray White Redcliffe
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