SOLD
Sold on 04 May 2024 for $1,385,000

311 Maundrell Terrace
Aspley QLD 4034

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 802m2
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Property Details for 311 Maundrell Tce, Aspley

Building Type
Commercial
Land Size
802m2
Local Government
Brisbane
Lot/Plan
1/RP75665

Last Listing description (July 2024)

Are you seeking a unique investment opportunity that seamlessly merges a thriving business space with a cozy family home, all situated in the prime and convenient location of Aspley? Check out this property on the corner block of 29 Darwin Street and 311 Maundrell Terrace, Aspley.

The main house faces 29 Darwin Street, while the shop faces 311 Maundrell Terrace, Aspley.

Discover the perfect blend of living and earning in this exceptional property. Set in a prime location, this unique home offers four bedrooms complemented by a separate, versatile commercial shop generating multiple income streams, all on a generous 802m? corner block with two street frontages.

The Shop features:
? Strategically positioned with its frontage facing Maundrell Terrace, offering unparalleled visibility and exposure.
? The shop is completely separate from the main house, providing its own autonomous space.
? Opposite the Aspley State School.
? Council approved for business/commercial use.
? Currently vacant (past tenant was a Real Estate Agency).
? Rental appraisal of $2,000 per month plus GST
? Equipped with essential amenities including a bathroom and kitchenette.
? Includes air-conditioning and ceiling fans.
? Features four cubicle workstations.
? Separate toilet
? 2 x Air condition units

The Main House:
? The main house is cozy and facing an entrance from Darwin Terrace.
? Impresses with its thoughtful layout.
? 4 Bedrooms
? The master bedroom has an en-suite.
? Double lockup garage
? Features two bathrooms, two toilets, two showers, and a bathtub.
? Well-appointed kitchen boasting stone benchtops, a gas cooktop, and a dishwasher, adjacent to a laundry area.
? NBN network available.
? A large deck equipped with a kitchenette and BBQ beckons for outdoor entertaining. Generously sized living spaces flow seamlessly, culminating in an outdoor living area, accompanied by a two-car lockup garage for added convenience.

This property is situated in a quiet part of Aspley, near beautiful parks like Machant Park and Chermside Hills Reserve. Aspley State School is just a stone's throw away, and transportation is easy with buses and the Geebung train station nearby.

Brisbane City is only 13 kilometers away, and the airport is easily accessible. Supermarkets like Coles and Woolworths are close by for everyday needs.

Whether you aim to run a business or simply enjoy a peaceful lifestyle, this property has it all. It presents a great investment opportunity with nature, education, and convenience right at your fingertips. Don't miss out on making this vibrant property your own!

For more information and viewing, contact Hugh Dao.

Property History for 311 Maundrell Tce, Aspley, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$1,385,000
04 May 2024
  • 04 May 2024
    Sold for $1,385,000
  • 22 Mar 2024
    Listed for Sale Not Disclosed
  • 08 Apr 2022
    Sold for $1,100,000
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About Aspley 4034

The size of Aspley is approximately 6.5 square kilometres. It has 17 parks covering nearly 13.8% of total area. The population of Aspley in 2011 was 12,594 people. By 2016 the population was 12,108 showing a population decline of 3.9% in the area during that time. The predominant age group in Aspley is 40-49 years. Households in Aspley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspley work in a professional occupation. In 2011, 68.1% of the homes in Aspley were owner-occupied compared with 69.5% in 2016.

Aspley has 5,520 properties. Over the last 5 years, Houses in Aspley have seen a 80.78% increase in median value, while Units have seen a 73.97% increase. As at 30 September 2024:

  • The median value for Houses in Aspley is $1,095,195 while the median value for Units is $705,904.
  • Houses have a median rent of $700 while Units have a median rent of $570.
There are currently 37 properties listed for sale, and 17 properties listed for rent in Aspley on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Aspley.

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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.