OFF MARKET

209 Riding Road
Balmoral QLD 4171

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 188m2
Land area: 325m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 209 Riding Rd, Balmoral

209 Riding Rd, Balmoral is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 325m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
2016
Floor Size
188m2
Land Size
325m2
Local Government
Brisbane
Lot/Plan
1/SP283154

Last Listing description (May 2022)

*Please note all photos taken prior to fire damage*

RESTORE TO FORMER GLORY!

This fire damaged property represents an exceptional mixed commercial & residential use development opportunity, perfectly positioned on the thriving corner of Riding Road and Victoria Street, Balmoral.

The extremely high exposure location would suit several commercial uses including a caf or restaurant, having previously operated as the highly successful Andana & Co patisserie / caf prior the fire. Other commercial uses include a real estate or almost any professional business that would benefit from this amazing position. It is the perfect option for investors or savvy buyer to live above and work below all in the one location.

With many families, schools, and businesses in close proximity, 209 Riding Road presents a remarkable and unique opportunity for you to secure your future.

Features include:
- DA already in place of downstairs commercial classification (6) shop with upstairs classification (4) residence
- High yield site - return to previous state and lease for circa $130,000 pa
- Opportunity to live and work in your own building or rent out separately
- Upstairs - a 3 bedroom, 2 bath executive apartment
- Freehold site with zero body corporate fees but can always be strata titled at a later date
- Four off street parking spaces
- Business / commercial shop / restaurant space with large alfresco dining area
- High exposure position capturing a high traffic area
- 325m2 free hold zoned mixed residential and commercial (6) shop classification
- Building plans, engineering plans, hydraulics plans and survey plans available upon request
- Go straight to a building certifier (BA) and get building immediately

Endless potential upon construction completion to sell off under body corporate or hold:
1. Sell as 3 Bedroom, 2 Bathroom large upstairs unit
2. Sell as Commercial retail shop downstairs
3. Sell as combined upstairs unit and retail space
4. Retain both whilst living off your rental return

This great address sits within easy distance of everything that Balmoral has to offer. It is just a short way from bus transport and the City Cat terminal, riverfront walkways and Oxford Street's dynamic shopping, dining and entertainment precinct. Some of Brisbane's best junior and senior schools, including Bulimba State School, Lourdes Hill College, Saints Peters & Pauls Primary and 'Churchie' Grammar, are all also within handy reach.

Don't miss this opportunity - Contact Chris Lawsen to find out more!

Property History for 209 Riding Rd, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$1,350,000
11 Feb 2022
Listed for Rent
$1.05k/w
24 Jul 2018
  • 11 Feb 2022
    Sold for $1,350,000
  • 27 Oct 2021
    Listed for Sale Not Disclosed
  • 25 Jun 2018
    Listed for Rent $660,000 / year
Sign in to see more transactions

Commute Calculator

About Balmoral 4171

The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2011 was 3,827 people. By 2016 the population was 3,900 showing a population growth of 1.9% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation. In 2011, 60.3% of the homes in Balmoral were owner-occupied compared with 61.3% in 2016.

Balmoral has NaN properties. Over the last 5 years, Houses in Balmoral have seen a 83.03% increase in median value, while Units have seen a 74.86% increase. As at 30 November 2024:

  • The median value for Houses in Balmoral is $1,896,527 while the median value for Units is $878,283.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently no properties listed for sale, and no properties listed for rent in Balmoral on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Balmoral.

Suburb Insights for Balmoral 4171

Market Insights
Balmoral Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Balmoral Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.