OFF MARKET

41 Denman Street
Alderley QLD 4051

Bedrooms: 8
Bathrooms: 5
Car spaces: 1
Land area: 809m2
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Property Details for 41 Denman St, Alderley

41 Denman St, Alderley is a 8 bedroom, 5 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
1965
Land Size
809m2
Local Government
Brisbane
Lot/Plan
1/RP130814

Last Listing description (May 2019)

The owner's instructions are clear! Highly motivated sellers and all offers will be considered.
Properties of this stature rarely become available to the open market. Positioned in the heart of Alderley this property offers 5 fully-tenanted, self-contained units (3 x 2 Bedroom and 2 x 1 Bedroom) and sits on a level 809m2.
Currently holding a gross annual income of around $78,000. This is an excellent investment opportunity currently producing a higher than average yield. The site is potentially underdeveloped.

The existing income allows you to hold or keep it and/or develop it later as it is currently zoned LMR2. A brilliant location and as an existing product offers the investor an opportunity not to be missed.
This well-maintained unit block currently has 5 units spread over two levels and the car accommodation is on the ground level. The units have been renovated and are light-filled with good sized kitchens including a dining/meals area flowing through to the living areas. The large amount of windows throughout is great for breezes and cross-ventilation. Carpeted throughout, double-size bedrooms with built-in robes, ceiling fans & air-conditioning, A fabulous location for your tenants both for accessibility to work and all amenities.
Features:
809m2 of level land
All great sized units
Not currently strata titled
Bathroom with bath & Designated laundry area
Car accommodation with storage area
Security screens
Buy, Maximise, Hold, Strata-title and sell off or investigate development options. This block of units is 200m from Alderley train stations and is centerally located from the ever-expanding Kedron Brook Road Precinct, Royal Brisbane Women's Hospital, Homezone centre with shopping. Nearby to cafes and restaurants, just 5 minutes to Coles. Handy to primary schools, childcare centres and parkland area a stroll away. Easy access to the Clem7, Inner City Bypass and the M3 to be at the Gold or Sunshine Coasts in around an hour. Less than 15 minutes to the domestic and international airports

Property History for 41 Denman St, Alderley, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$1,425,000
10 May 2019
Listed for Rent
$300/w
25 Feb 2016
  • 10 May 2019
    Sold for $1,425,000
  • 27 Mar 2019
    Listed for Sale For Sale
  • 13 Mar 2019
    Listed for Rent $275 / week
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About Alderley 4051

The size of Alderley is approximately 2.5 square kilometres. It has 11 parks covering nearly 26.2% of total area. The population of Alderley in 2011 was 5,680 people. By 2016 the population was 6,108 showing a population growth of 7.5% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation. In 2011, 58.1% of the homes in Alderley were owner-occupied compared with 56.2% in 2016.

Alderley has 3,392 properties. Over the last 5 years, Houses in Alderley have seen a 73.69% increase in median value, while Units have seen a 85.09% increase. As at 30 November 2024:

  • The median value for Houses in Alderley is $1,513,777 while the median value for Units is $707,445.
  • Houses have a median rent of $655 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Alderley on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Alderley.

Suburb Insights for Alderley 4051

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.