OFF MARKET

202/9-11 Walden Lane
Bowen Hills QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 14 Oct 2024
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Property Details for 202/9-11 Walden Lane, Bowen Hills

202/9-11 Walden Lane, Bowen Hills is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Brisbane

Last Listing description (September 2022)

Set in a great location in Bowen Hills, this one-bedroom apartment represents an excellent investment opportunity with great rental returns!

There is so much to love about this inner-city bargain with an expansive layout and the most perfect location opposite the Royal Brisbane Women's Hospital and RBWH bus station just to name a few. It is easy to see why this apartment has enjoyed such fantastic rental returns.

Upon entry, you will find a generous open-plan living and dining area that feels wonderfully bright and welcoming. This spacious one-bedroom apartment encompasses all that inner city living has to offer.

Features include:
- Natural light filled living spaces
- Fully furnished
- Air conditioned
- Modern open plan living
- Built in robes
- Onsite management
- Attractive rental returns for investors
- Private and secure building with intercom, CCTV and fob access
- Across the road from the Royal Brisbane Women's hospital, the Faculty of Medicine, a branch of Queensland university, the centre for clinical research and the RBWH bus station
- Within short walking distance to the Brisbane showgrounds and new Cross River Rail station

Currently tenanted until 29/07/2022 paying $350 per week.
Council rates: $1,721 p.a.
Body Corporate fees: $4,456 p.a.

This apartment is ideally located within a number of retail and restaurant precincts, all boasting trendy restaurants and bars in the thriving city fringe hub of Bowen Hills. The array of lifestyle opportunities for either a blue-ribbon investment or lifestyle residence don't miss out on this exceptional buying opportunity.

Only a short stroll to the RNA Showgrounds, Victoria Park and the new King Street entertainment precinct. Healthcare professionals note that The Royal Brisbane and Women's Hospital is on your doorstep. You also have the UQ Medical School, the Oral Health Centre and QUT Kelvin Grove.

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Property History for 202/9-11 Walden Lane, Bowen Hills, QLD 4006

A timeline of how this property has performed in the market
  • 21 Mar 2022
    Listed for Sale $360K

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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 4,059 properties. Over the last 5 years, Houses in Bowen Hills have seen a -54.93% decrease in median value, while Units have seen a 22.71% increase. As at 30 September 2024:

  • The median value for Houses in Bowen Hills is $618,286 while the median value for Units is $557,920.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 45 properties listed for sale, and 22 properties listed for rent in Bowen hills on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in Bowen hills.

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