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Sold on 31 Oct 2024 for $1,160,000

29 Bolan Street
Balmoral QLD 4171

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 433m2
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Property Details for 29 Bolan St, Balmoral

29 Bolan St, Balmoral is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 433m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Balmoral in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
88m2
Land Size
433m2
Local Government
Brisbane
Lot/Plan
125/RP12671

Last Listing description (November 2024)

Situated in an elevated position in the highly desired suburb of Balmoral, this quaint post war cottage property presents the incoming purchaser with several exciting possibilities: they can move in as-is, make minor cosmetic updates to match their personal style, or embark on major renovations. The latter option is supported by proven end-values that would justify a high-quality renovation project, or alternatively the site lends itself to a knock down rebuild.

The home exudes abundant character charm with features including high ceilings and timber floors. The generous living area opens to a rear veranda which provides elevated north facing views across the river to Hamilton, not to mention enjoys the great breezes year-round. The entire home is bathed in natural light, thanks to the original casement windows that make the most of the ideal Queensland aspect. The kitchen is very functional and caters to the home with ample storage and French doors which open up to a small front veranda - perfect for enjoying an early morning coffee or alfresco breakfast!

Two bedrooms, both of good size include built-in storage. They are serviced by the main bathroom which includes a corner spa bath.

Generous double garage and an extensive storage area sits underneath the house.

The expansive backyard is ideal for children and pets to play freely. Additionally, it holds great potential for the installation of a swimming pool (subject to council approval) or the development of a more established garden.

Features we love:
Circa 1950 character home walking distance to Oxford Street
Excellent opportunity to renovate or raise and build in (STCA)
Period timber floors, high ceilings and French doors
Spacious living and dining area opening to the rear veranda
Large Kitchen connecting to front veranda via French doors
Two bedrooms with robes, 1 bathroom with corner spa bath
Walking distance to the exciting Bulimba Barracks redevelopment
Bulimba SS & Balmoral SHS catchment

An unbeatable location, Oxford Street's brilliant selection of boutique's, dining and entertaining options are just metres away whilst numerous bus stops and Apollo Road's Ferry Terminal is located just down the road.

The nearby transformation of the Bulimba Barracks into a vibrant new village precinct is set to significantly enhance the already appealing value and lifestyle of the area. Proposed plans include a mix of residential, retail, and commercial spaces, as well as over 500 meters of public land along the Brisbane riverfront. This development will feature a network of walkways and cycleways, a playground, covered picnic areas, a viewing deck, and expansive grass fields, all adding to the area's charm and utility.

Make no mistake, opportunities like 29 Bolan Street are extremely rare in such a sought after location. Contact us today!

Property History for 29 Bolan St, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$1,160,000
31 Oct 2024
  • 31 Oct 2024
    Sold for $1,160,000
  • 05 Sep 2024
    Listed for Sale For Sale by Negotiation
  • 09 Apr 2008
    Listed for Sale BY NEGOTIATION
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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.

Suburb Insights for Balmoral 4171

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Chris Lawsen
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Melissa Connolly
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Harcourts Inner East
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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.