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Sold on 27 Feb 2024 - Price Unavailable

222 Riding Road
Balmoral QLD 4171

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 222 Riding Rd, Balmoral

222 Riding Rd, Balmoral is a 2 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Balmoral in the last 12 months.

Building Type
House
Local Government
Brisbane
Lot/Plan
2/SP261729

Last Listing description (February 2024)

Introducing a unique and versatile mixed use property with a residential townhouse and commercial office/retail space. This exceptional property, located in a central and vibrant area, offers a myriad of features that cater to both residential comfort and business endeavours.

The modern townhouse consists of two spacious bedrooms, each boasting its own bathroom with built-in robes. The open-plan kitchen is a culinary haven, equipped with a SMEG gas stove, electric fan-forced oven, and a dishwasher. Polished timber floors upstairs add an elegant touch to the living space along with ducted air-conditioning throughout, ensuring year-round comfort.

On the ground floor there is a large laundry and powder room, under stair storage, double remote-control garage and office/study opening up to the light filled North facing patio and courtyard.

An exciting addition to this property is the attached commercial office/retail space offering investors the advantage of a dual income stream - both residential and commercial. Ready to be occupied, this space opens up possibilities for running your business from home or leasing it out for additional income. The current layout has three offices, reception area, bathroom, kitchenette & separate storage space at rear.

Whether you choose to occupy both spaces for a dynamic live-work lifestyle or explore rental opportunities, this property provides the flexibility you desire. Centrally located, this property is in immediate proximity to shops, cafes, parks, and schools, enhancing the convenience of daily life.

Don't miss the chance to own a property that combines the best of both worlds. Contact us now to arrange a viewing and unlock the doors to your new, versatile home and business space.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

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Property History for 222 Riding Rd, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
27 Feb 2024
Listed for Rent
$525/w
26 Mar 2019
  • 09 Feb 2024
    Sold for $1,551,000
  • 11 Jan 2024
    Listed for Sale Contact Agent
  • 06 Sep 2019
    Sold for $1,250,000
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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 1,976 properties. Over the last 5 years, Houses in Balmoral have seen a 79.81% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:

  • The median value for Houses in Balmoral is $1,862,435 while the median value for Units is $868,349.
  • Houses have a median rent of $800 while Units have a median rent of $645.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Balmoral on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Balmoral.

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Alex Donnan
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Ray White Bulimba
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