FOR SALE
$4,057,000

Contact Agent For Address
Woolloongabba QLD 4102

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Two complexes in adjoining suburbs close to the city.

This is two buildings one suburb apart sold as one. There is a managers unit but you do not have to live on site. It is currently rented out. P&L done by accredited MR accountant. Valuation done by accredited broker. Top ups have just been done and 24 years left to run. Cooperative BC committee
BC Salary has increased by $9,200 above attached P&L. Sales price has not been increased therefor there has been a .15 drop in multiplier.
Woolloongabba – Level 1 recreational lounge & BBQ area, pool and toilet. Level 7 Rooftop lounge & BBQ area with a toilet.
Number of apartments
Kangaroo Point – 69
Woolloongabba- 89 (including retail lot)
Total = 158
Number of apartments in letting pool
Woolloongabba- 61
Kangaroo Point– 43
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Property Details for Contact Agent For Address, Woolloongabba

Building Type
Commercial

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About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,342 properties.

    There are currently 26 properties listed for sale, and 29 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Woolloongabba.

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    Robert Collins
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    RAAS Property Group
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