23/31 Agnes StreetAlbion QLD 4010
Property Details for 23/31 Agnes St, Albion
23/31 Agnes St, Albion is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 102m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2022)
This classy apartment offers exciting opportunities to receive fantastic return on your investment either through capital growth, rental return or Airbnb income . And here's why;
Location;
You're in the inner city, just 4kms to the CBD, 15 minutes to Brisbane Airport, within walking distance to portside, James St, Gasworks, and you can smell the steaks at the Breakfast Creek hotel only a street over. Moreover, get in now as this area is within the heart of proposed 2032 Olympics developments.
The apartment;
This elevated modern apartment has an elegant feel with a smart layout, river views, and quality finishes throughout. There are 2 spacious bedrooms with built-ins, one ensuited and a separate bathroom - both modern with natural light, and ample storage available.
The sizeable kitchen overlooks the living area with views out to the balcony. You'll love the stone benchtops, gas-cooktop, and modern appliances including dishwasher.
The entertaining balcony is spectacular with lofty views of the river, and glimpses of the city.
Rental potential;
This property is currently tenanted until 15 February 2023 and apartments in this complex have always been strong renters.
Albion has surging population growth, with an increase of 15% in the last 5 years. Units have seen growth of almost 30% over the last three years and 17% in the last 12 months.
The current weekly rent is $460/w and is at a reduced amount due to the lift not being useable. It is expected that the lift will be in working order before the end of this tenancy. The rental appraisal with a useable lift is $500-$550/week.
Don't miss your chance to secure this incredible investment opportunity. We are taking this property to Auction so call Josh now on 0412 518 782 or inspect at one of our listed open homes.
Fees;
$1503.27/Qtr
Sinking fund balance at at May 2022 = $88,726.22
Don't miss your chance to secure this incredible investment opportunity. Call Josh now on 0412 518 782 or inspect at one of our listed open homes
Property History for 23/31 Agnes St, Albion, QLD 4010
- 01 Sep 2022Sold for $442,000
- 19 Jul 2022Listed for Sale Offers Over $430,000
- 29 Mar 2022Listed for Rent $460 / week
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0About Albion 4010
The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2011 was 1,986 people. By 2016 the population was 2,290 showing a population growth of 15.3% in the area during that time. The predominant age group in Albion is 20-29 years. Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation. In 2011, 47.4% of the homes in Albion were owner-occupied compared with 37.5% in 2016.
Albion has 2,435 properties. Over the last 5 years, Houses in Albion have seen a 53.15% increase in median value, while Units have seen a 69.78% increase. As at 31 October 2024:
- The median value for Houses in Albion is $1,277,626 while the median value for Units is $690,026.
- Houses have a median rent of $650 while Units have a median rent of $580.
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