SOLD
Sold on 07 Nov 2023 for $395,000

2511/37 Mayne Road
Bowen Hills QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 66m2
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Property Details for 2511/37 Mayne Rd, Bowen Hills

2511/37 Mayne Rd, Bowen Hills is a 1 bedroom, 1 bathroom Unit and was built in 2020. The property has a land size of 66m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Bowen Hills in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
53m2
Land Size
66m2
Local Government
Brisbane
Lot/Plan
2511/SP259430

Last Listing description (February 2024)

Above the crowd on the 25th floor, now is the perfect time to elevate your lifestyle with high rental yields whilst owning these breathtaking views.

Located in the heart of Bowen Hills, this Panorama luxury-resort style apartment offers a large master bedroom with 2 way access, a study/office space, high quality kitchen with stone bench tops (and Bosch stainless steel appliances), and a north facing balcony with stunning suburban and river views.

Providing a low-maintenance & easy lifestyle, this well-maintained apartment is perfect for a buyer with a busy lifestyle who want to make the most out of their weekends. It would also suit a buyer seeking a set and forget investment as this unit is currently rented until February 2024.

Some of the many features include:
- Breath taking north facing views (including river views)
- Timber look vinyl flooring throughout with carpet in bedrooms and office/study
- Stone bench tops
- Bosch stainless steel appliances: dishwasher, gas cook top & oven
- Ducted air-con throughout
- Motorbike parking bay
- Panoramic Sky Deck on level 26 boasting spectacular views of the Brisbane River and City, outdoor movie screen, dining, bench seats, BBQ/kitchen
- 30m lap pool, Zen Garden with sun lounges, sauna, BBQ/dining area and a well-equipped gym
- A caf and barber shop on the ground floor of the building

BEST OFFER OVER $379,000 ALL OFFERS TO BE SUBMITTED BY 5PM SATURDAY 11th NOVEMBER 2023 (IF NOT SOLD PRIOR)

LOCATION HIGHLIGHTS:
- 2km from Brisbane CBD
- 2-minute walk to Bowen Hills Train Station (200m)
- 5-minute walk to the RBWH Bus Interchange & Hospital Facilities (700m)
- 10-minute drive to Brisbane Domestic & International Airports
- Easy access to Brisbane's tunnel network (100m)
- 10-minute walk to Brisbane's prime lifestyle destinations including;
- James Street Precinct; shopping, dining, nightlife, and the exclusive Calile Hotel
- King Street Dining Precinct

RENTAL
This property is currently rented until February 2024 at $400 per week.

RATES
$480.95 per quarter
Brisbane City Council

BODY CORP FEES
$4007.22 Annually
($1001.81 Qtr)

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Property History for 2511/37 Mayne Rd, Bowen Hills, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$395,000
07 Nov 2023
  • 07 Nov 2023
    Sold for $395,000
  • 03 Oct 2023
    Listed for Sale BEST OFFER OVER $379,000
  • 06 Sep 2022
    Sold for $413,500

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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 4,094 properties. Over the last 5 years, Houses in Bowen Hills have seen a -20.94% decrease in median value, while Units have seen a 22.18% increase. As at 31 July 2024:

  • The median value for Houses in Bowen Hills is $855,025 while the median value for Units is $540,268.
  • Houses have a median rent of $573 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 27 properties listed for rent in Bowen hills on OnTheHouse. According to CoreLogic's data, 406 properties were sold in the past 12 months in Bowen hills.

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