OFF MARKET

14/16 Wren Street
Bowen Hills QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 117m2
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Last updated 11 Nov 2024
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Property Details for 14/16 Wren St, Bowen Hills

14/16 Wren St, Bowen Hills is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 117m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2004
Floor Size
76m2
Land Size
117m2
Local Government
Brisbane
Lot/Plan
14/SP159887

Last Listing description (February 2023)

Looking for something a bit different with some WOW factor to ensure good capital growth as well as high returns?

This stylish inner-city apartment is situated in a boutique low rise building (3 storeys only), and boasts soaring ceilings throughout the spacious living areas, allowing plenty of light and cool breezes to filter through. Living areas open directly to a large rear deck, allowing seamless integration of indoor and outdoor spaces for easy entertaining.
The spacious kitchen with well-appointed with stone benches and quality appliances, including gas cooktop and dishwasher. Includes 2 large bedrooms, 2 modern bathrooms, and is situated in a secure building with lift access and a lockup car space & storage.

Situated in a prime and convenient location, this apartment is the perfect place to live or invest. Positioned close to the RBH hospital, RNA showgrounds, local cafes & restaurants of the popular King Street precinct, wine bars and clubs of Fortitude valley, New Farm and the CBD are all within walking distance. Public transport is also made easy with the bus interchange and train station hub close by.

Features include

* 2 Double Bedrooms (main with walk-in-robe & ensuite)
* 2 modern bathrooms
* Stylish kitchen with stone benches, gas cooktop & dishwasher
* Light and airy Open plan living
* Huge party sized balcony with pleasant outlook
* Air Conditioning & Fans throughout
* Built in laundry
* Secure Single Car Space + lockable storage room
* Secure building with fob entry & lifts
* Walk to Coffee & Restaurants
* Convenient Location
* Bus & train nearby (both with easy connectivity to all areas of Brisbane)
* Pet friendly building (currently has 2 cats approved)
* The Building is elevated and on FLOOD FREE land

Currently tenanted returning $490/wk (with potential to achieve up to $525/wk)
Currently leased with a great long term tenant until 14/01/2024, with low body corp fees and a very healthy sinking fund balance.

A great opportunity to invest in a quality apartment in a prime location, with a good tenant already in place and in a location so close to amenities, that will always perform well and attract quality tenants.

Looking for interest around mid $400k.

Contact the agent for more information or to arrange a viewing in person or video link up.

Property History for 14/16 Wren St, Bowen Hills, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$453,000
15 Nov 2022
Listed for Rent
$415/w
10 Jun 2020
  • 15 Nov 2022
    Sold for $453,000
  • 02 Nov 2022
    Listed for Sale Contact Agent
  • 05 May 2020
    Listed for Rent - Price not available
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About Bowen Hills 4006

The size of Bowen Hills is approximately 1.7 square kilometres. It has 2 parks covering nearly 4.2% of total area. The population of Bowen Hills in 2011 was 1,744 people. By 2016 the population was 3,214 showing a population growth of 84.3% in the area during that time. The predominant age group in Bowen Hills is 20-29 years. Households in Bowen Hills are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowen Hills work in a professional occupation. In 2011, 25.6% of the homes in Bowen Hills were owner-occupied compared with 17.5% in 2016.

Bowen Hills has 4,063 properties. Over the last 5 years, Houses in Bowen Hills have seen a -60.70% decrease in median value, while Units have seen a 26.14% increase. As at 31 October 2024:

  • The median value for Houses in Bowen Hills is $556,481 while the median value for Units is $561,889.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 52 properties listed for sale, and 24 properties listed for rent in Bowen hills on OnTheHouse. According to CoreLogic's data, 431 properties were sold in the past 12 months in Bowen hills.

Suburb Insights for Bowen Hills 4006

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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.