OFF MARKET

5/181 Waterworks Road
Ashgrove QLD 4060

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 121m2
Land area: 223m2
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Property Details for 5/181 Waterworks Rd, Ashgrove

5/181 Waterworks Rd, Ashgrove is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1998. The property has a land size of 223m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Townhouse
Year Built
1998
Floor Size
121m2
Land Size
223m2
Local Government
Brisbane
Lot/Plan
5/SP111374

Last Listing description (July 2021)

Centrally located in the heart of Ashgrove, this massive 223m2 tri-level townhome is perfect for first home buyers, small families, or investors. Owner occupiers and tenants alike will love the easy access to the Brisbane CBD and all modern amenities.

Quietly set back from the road with plenty of space to entertain, you can look forward to an
enviable, inner-city lifestyle here. A townhouse of this size in such an esteemed location will be in high demand; be quick to inspect this weekend or contact Angela for further information.

Features include:
- Low-Body Corporate Fees $786.00 per quarter.
- Rental Appraisal $520 - $550 per week.
- Tri-level townhouse with open plan living areas and multiple outdoor entertaining areas over 223m2.
- Three bedrooms plus two and a half bathrooms will suit professional couples, young families, or investors.
- Quietly situated at the back of the complex ensuring no road noise and a green outlook.
- Walking distance to public transport, shopping centre, cafes, restaurants, and bars.

The address of this tri-level townhome means you may have certain expectations of this
property. However, Unit 5 is tucked away at the back of the boutique complex and - once inside - is private and quiet. You will have a green, north aspect over Ashgrove and beyond to the surrounding leafy suburbs. The balconies situated across the middle and top storey of the home welcome in cooling local breezes and are a peaceful space to entertain family and friends.

Entering on the lower level, you are greeted by a single secure garage and laundry room. The
garage opens onto a fully fenced and paved courtyard which could be utilised for outdoor
entertaining. If you have a green thumb, you could add hedges or established plants to promote even greater privacy.

Returning indoors and to the middle level, there is a massive open plan living and dining area for relaxing and entertaining. This room is air-conditioned for your comfort and includes a ceiling fan, built-in storage, and access to a sunny balcony with a beautiful leafy outlook. A spacious kitchen is on offer with timber cabinetry, stainless-steel appliances, dishwasher, plus ample storage and bench space. This level overs a powder room for convenience.

The upper level is dedicated to the three bedrooms. Each bedroom is carpeted and includes a
ceiling fan and mirrored built-in storage. The master bedroom boasts a private balcony with
beautiful views, along with an ensuite. The two other bedrooms share access to a family bathroom with plenty of storage and a large spa bath.

The convenience of this location cannot be overstated; leave the car at home as there are
express bus routes to the CBD almost from your doorstep. Coles, Woolworths, and Aldi are all
within 100m at the Ashgrove Central Shopping Centre which includes other amenities such as
medical professionals, cafes, takeaways, and chemists. Brisbane CBD is just 4km away,
ensuring an easy commute for professional couples. Young families will appreciate being within the sought-after Ithaca Creek State School and Kelvin Grove State College catchment areas; both high-performing and well-respected schools.

5/181 Waterworks Road is low-maintenance, inner-city living at a reasonable price. A property of such a substantial size and convenient location will be highly sought-after by buyers from a range of backgrounds. Our owners are committed to selling and this property will be snapped up! Inspect this weekend or contact Angela or Harrison for further information.

Property History for 5/181 Waterworks Rd, Ashgrove, QLD 4060

A timeline of how this property has performed in the market
Last Sold
$582,500
30 May 2021
Listed for Rent
$435/w
03 May 2019
  • 30 May 2021
    Sold for $582,500
  • 17 May 2021
    Listed for Sale For Sale
  • 23 Jan 2019
    Listed for Rent $465 / week
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About Ashgrove 4060

The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The population of Ashgrove in 2011 was 12,916 people. By 2016 the population was 13,045 showing a population growth of 1.0% in the area during that time. The predominant age group in Ashgrove is 40-49 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation. In 2011, 69.4% of the homes in Ashgrove were owner-occupied compared with 69% in 2016.

Ashgrove has 5,630 properties. Over the last 5 years, Houses in Ashgrove have seen a 78.58% increase in median value, while Units have seen a 73.78% increase. As at 31 October 2024:

  • The median value for Houses in Ashgrove is $1,720,282 while the median value for Units is $768,089.
  • Houses have a median rent of $720 while Units have a median rent of $600.
There are currently 17 properties listed for sale, and 15 properties listed for rent in Ashgrove on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Ashgrove.

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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.