SOLD
Sold on 04 Mar 2024 for $650,000

804/8 Hurworth Street
Bowen Hills QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 105m2
Sold By
Plum Property Toowong
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Property Details for 804/8 Hurworth St, Bowen Hills

804/8 Hurworth St, Bowen Hills is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 105m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Bowen Hills in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
86m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
804/SP187495

Last Listing description (April 2024)

Situated within the Richmond Apartments, is this delightful 2 storey Sky Apartment situated on the top floor (Level 8). There is also an opportunity to buy the adjoining apartment (803) also currently for sale if you were looking for more than one.

This oversized apartment sprawls over 2 levels, featuring spacious open plan living areas and kitchen, flowing to a large covered balcony on the entry level, with 2 huge bedrooms and 2 bathrooms (incl ensuite) on the upper level. This modern apartment features quality finishes and a light and airy open plan layout. The well-appointed kitchen includes stone benches, European appliances, gas cooktop and dishwasher and ideally adjoins the spacious living area that flows to a large outdoor entertaining space offering a Northerly aspect and suburban views, the perfect place to relax or for entertaining friends.

Each apartment in this building also includes an extra secure front patio area giving a secure double door entry.
Situated in a secure building with onsite manager, and full security video intercom & lift access, and secure basement carparking. This apartment also includes a large storage cage for exclusive use.

Extra Features
Reverse cycle air conditioning & fans throughout
Surprisingly large private balcony with views to the North
Extra balcony off main bedroom upstairs
Designed for a low maintenance lifestyle with tiled living areas
Ample windows for natural light and cross ventilation
Laundry room inside apartment with clothes dryer included
Currently rented until 25/03/2024 and ready to move in after this date, or keep as an investment with an expected rental return of $675-$725/wk or potentially higher as an Airbnb
Low body Corp Fees - $4168.94 per year + insurance - $734.76 per year
Secure parking for 1 car + large storage cage for exclusive use
Pet friendly
Northerly aspect

The Building
Situated within in the sought after and renowned Richmond Apartments, cleverly designed for those wanting the convenience of an inner-city location with an eco-friendly green environment. This secure and stylish building features an attractive central atrium with an exquisite garden, complete with vertical green walls viewed by all apartments within the building. At the base of the garden is one of many outdoor entertaining spaces provided for residents to enjoy. The complex features 3 well maintained recreational areas, including a community garden, and 2 spacious entertaining/BBQ areas.
Prewired for high speed NBN internet & Foxtel
Onsite Caretaker 24/7
Advanced new Video intercom entry
2 lifts within the complex
Secure entry to garage and building with fob
Storage area for bikes
3 Communal Recreation areas
Secure basement carpark plus plenty of visitor parks
Plenty of street parking available as well
Eco designed building with 6-star energy efficiency
Large water tanks for watering the gardens plus solar panels to help with running costs (lifts etc).
Well maintained gardens, green wall and facilities

The Position

This apartment is located on the city fringe only 2.5km from the city, and in the heart of the CBD growth corridor.
Situated across the road from local amenities including IGA supermarket, Subway, Sushi, Bow & Arrow Caf, and Locos Bar & Kitchen, and a short walk to many other restaurant and wine bar precincts such as Gasworks Plaza, King Street, Newstead & Emporium. Other nearby entertainment opportunities include Fortitude Valley bars and clubs, James Street fresh food markets, boutiques, fine dining restaurants and cinemas, and the Brisbane Ekka Show Grounds & Royal International Convention Centre. Located 10 mins walk to the Royal Brisbane Hospital and its surrounding specialist doctors, bus interchange and only 5 mins walk to Bowen Hills train station (one of Brisbanes main transport links). Situated only 150m from the airport link tunnel (M7) with travel time to Brisbane Domestic & International airports just 12 minutes away.

5 mins drive to QUT Kelvin grove Campus
1 train stop to Fortitude Valley night life
2 train stops to Brisbane City
Walk to various gyms

This apartment is perfect for those wanting a low maintenance inner-city lifestyle, in a great location with reasonable body corporate fee structure. What more could you want? A spacious modern apartment within a secure building in a quiet street, yet so close to many social entertainment activities. The perfect lifestyle for the owner occupier, (move in end March 2024), or capitalise on the strong tenant demand in the area and promising high returns with low fees. A golden rule about buying apartments is that its important to buy something a bit different to ensure strong future saleability and capital growth. 2 storey Sky Apartments are rare and in high demand inspect today to avoid disappointment.

Property History for 804/8 Hurworth St, Bowen Hills, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$650,000
04 Mar 2024
Listed for Rent
$400/w
24 Jan 2019
  • 04 Mar 2024
    Sold for $650,000
  • 19 Feb 2024
    Listed for Sale Sold
  • 18 Jan 2019
    Listed for Rent $400 / week
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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 4,104 properties. Over the last 5 years, Houses in Bowen Hills have seen a -31.26% decrease in median value, while Units have seen a 19.27% increase. As at 31 August 2024:

  • The median value for Houses in Bowen Hills is $527,264 while the median value for Units is $549,250.
  • Houses have a median rent of $590 while Units have a median rent of $600.
There are currently 47 properties listed for sale, and 30 properties listed for rent in Bowen hills on OnTheHouse. According to CoreLogic's data, 415 properties were sold in the past 12 months in Bowen hills.

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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.