FOR SALE
Expressions of Interest

38 Hoogley Street
West End QLD 4101

Bedrooms: 2
Bathrooms: 1
Car spaces: 9
Floor area: 129m2
Land area: 405m2
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Excellent Investment Property Not to be Missed

Positioned beautifully, and escaping the hustle and bustle sometimes found in this suburb, is a rare opportunity to purchase a residential property (with commercial character overlay) which means the entire property can be used for commercial or residential.
With transport on your doorstep, this allotment measures approximately 13.5 m x 31.0 m and is 405m² in size and is close to parks, transport, schools and shops.
Property currently operates as a renovated 2 bed / 1 bathroom home, together with an attached commercial tenancy (approximately 65m²).
The Commercial space is currently leased as Barber Shop on a 3 x 3 year lease from April 2023 (includes air-cond. / toilets / storeroom / kitchenette).
There are also 3 x secure carparks and 3 open tandem car spaces.
Commercial space can be extended as commercial character applied to whole property.
Total current rental income $57,200 pa excluding GST.
Nearby landmarks / place of public interest / travel options:
- 100 metres to West End ferry,
- Inside the catchment for Brisbane State High School,
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Property Details for 38 Hoogley St, West End

38 Hoogley St, West End is a 2 bedroom, 1 bathroom House with 9 parking spaces. The property has a land size of 405m2 and floor size of 129m2. The place is currently for sale with Drakos Real Estate West End.

Building Type
House
Floor Size
129m2
Land Size
405m2

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About West End 4101

The size of West End is approximately 2.3 square kilometres. It has 4 parks covering nearly 6.7% of total area. The population of West End in 2011 was 8,061 people. By 2016 the population was 9,482 showing a population growth of 17.6% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation. In 2011, 36.9% of the homes in West End were owner-occupied compared with 38.7% in 2016.

West End has 9,227 properties. Over the last 5 years, Houses in West End have seen a 54.55% increase in median value, while Units have seen a 53.02% increase. As at 30 November 2024:

  • The median value for Houses in West End is $1,718,377 while the median value for Units is $814,851.
  • Houses have a median rent of $720 while Units have a median rent of $675.
There are currently 57 properties listed for sale, and 39 properties listed for rent in West end on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in West end.

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Chris Kazonis
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Emanuel Kazonis
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Drakos Real Estate West End
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