OFF MARKET

58 Markwell Street
Auchenflower QLD 4066

Bedrooms: 11
Bathrooms: 11
Car spaces: 2
Land area: 832m2
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Property Details for 58 Markwell St, Auchenflower

58 Markwell St, Auchenflower is a 11 bedroom, 11 bathroom House with 2 parking spaces. The property has a land size of 832m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Land Size
832m2
Local Government
Brisbane
Lot/Plan
2/RP804871

Last Listing description (November 2023)

A block of 11 flats in an unbeatable inner city location, close to shops, restaurants, parks and public transport. This is quite simply a sensational investment opportunity not to be missed for anyone seeking to start or add to their property portfolio.

Spanning over two levels, this grand Queenslander has been converted into eleven, one bedroom flats. Positioned high on an 832m2 block with superb city views, all are currently tenanted with a yearly income of $118,880. Varying tenancy/lease end dates from 6 Sept 21 to 5 Mar 22.

Each flat is a different size and layout, with all flats having their own bedroom, bathroom and kitchen facilities.

Perfectly located on a large elevated block, overlooking the city and close to the Auchenflower train station, The Wesley Hospital, City Cat terminal and Toowong Village.

Features
- High rental return
- Fully tenanted
- Elevated 832m2 block
- 11 individual flats - Multi Residential Category 4 and Fire Service Levy Group C
- Stunning city views
- Double carport
- Solar hotwater
- Close to CBD, transport, shops & cafes

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Property History for 58 Markwell St, Auchenflower, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$1,980,000
20 Aug 2021
Listed for Rent
$190/w
29 Feb 2016
  • 20 Aug 2021
    Sold for $1,980,000
  • 05 Jul 2021
    Listed for Sale For Sale
  • 30 Dec 2019
    Listed for Rent $210 / week
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About Auchenflower 4066

The size of Auchenflower is approximately 1.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Auchenflower in 2011 was 5,351 people. By 2016 the population was 5,877 showing a population growth of 9.8% in the area during that time. The predominant age group in Auchenflower is 20-29 years. Households in Auchenflower are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Auchenflower work in a professional occupation. In 2011, 48.3% of the homes in Auchenflower were owner-occupied compared with 48.3% in 2016.

Auchenflower has 3,492 properties. Over the last 5 years, Houses in Auchenflower have seen a 55.65% increase in median value, while Units have seen a 69.56% increase. As at 30 September 2024:

  • The median value for Houses in Auchenflower is $1,692,267 while the median value for Units is $764,603.
  • Houses have a median rent of $650 while Units have a median rent of $540.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Auchenflower on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Auchenflower.

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