SOLD
Sold on 20 Jun 2024 for $491,000

406/510 St Pauls Terrace
Bowen Hills QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 68m2
Sold By
Onsite Property Waterford
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Property Details for 406/510 St Pauls Tce, Bowen Hills

406/510 St Pauls Tce, Bowen Hills is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 68m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Bowen Hills in the last 12 months.

Building Type
Unit
Year Built
2017
Land Size
68m2
Local Government
Brisbane
Lot/Plan
406/SP234524

Last Listing description (August 2024)

Discover the epitome of luxury living combined with an exceptional investment opportunity in this exquisite one-bedroom plus study apartment, perfectly situated in the prestigious Belise complex at 406/510 St Paul's Terrace. Currently part of a short-term rental pool, this property offers a lucrative rental income of $2,500 per month, yielding over 6% rental return.

Property Features:

One Bedroom Plus Study: The spacious bedroom features a built-in robe and ducted air conditioning, while the study, complete with a window and built-in robe, can easily function as a second bedroom.

Expansive Balcony: Enjoy a large balcony, perfect for outdoor relaxation and entertaining.
Modern Amenities: The apartment boasts a lavish bathroom finished to the highest standards and a well-appointed kitchen with stone benchtops, SMEG appliances, and ample storage.
Resort-Style Living: Residents have access to the complex's pool, spa, sauna, and gym. Additionally, the stunning rooftop terrace offers panoramic city views and is ideal for entertaining guests.
Prime Location: Conveniently located within walking distance to public transport options, including bus stops and train stations, as well as the Gasworks shopping precinct, RNA Showgrounds, and James Street's vibrant cafes and restaurants. The Royal Brisbane Women's Hospital and various entertainment hubs such as The Valley, Chinatown, New Farm Park, and Powerhouse are all within close proximity.
Financial Details:

Lucrative Rental Income: Currently generating $2,500 per month through short-term rentals, providing an impressive rental return of over 6%.
Levy: $1,232 Quarterly
Council Rate: $484.65 Quarterly

Experience the luxury and convenience of a two-bedroom apartment at the price of a one-bedroom, right in the heart of Brisbane. With its prime location and sought-after features, this apartment offers a unique opportunity for both investors and homebuyers alike. Don't miss the chance to make this stunning property your new home or investment.

For more information or to schedule a viewing, please contact Jerry at 0426 707 257.

Disclaimer:
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries. If the property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 406/510 St Pauls Tce, Bowen Hills, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$491,000
20 Jun 2024
Listed for Rent
$395/w
04 Jul 2017
  • 20 Jun 2024
    Sold for $491,000
  • 14 Jun 2024
    Listed for Sale Contact Agent
  • 10 Apr 2017
    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 4,059 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.

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.