OFF MARKET

12 Smallman Street
Bulimba QLD 4171

Bedrooms: 7
Bathrooms: 5
Car spaces: 5
Land area: 809m2
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Property Details for 12 Smallman St, Bulimba

12 Smallman St, Bulimba is a 7 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Land Size
809m2
Local Government
Brisbane
Lot/Plan
1/RP136855

Last Listing description (January 2022)

First time offered in 34 years, 12 Smallman Street, Bulimba offers a rare and exciting array of attributes which make it simply unique. Located literally in the heart of Bulimba just 1 door from vibrant Oxford Street, this superb location not only provides enviable convenience and life-style, it also presents multiple redevelopment or leverage options.

The 809m2 with a Development Zone LMR2 (Low-Medium Density Residential 2 or 3 Storey mix) is underutilised. The flats may be able to be Strata titled (subject to Council approvals) and the returns could be increased with relatively minor upgrades.

Comprising 2 x 2 bed & 3 x 1 bed flats, each with lock up garage, occupancy in this hot location is never a problem. All flats are well maintained and are showing a current annual return of $86,320 per annum.

With Oxford Street at your doorstep the treasure trove of Bulimba is all within an easy walk;
Boutique Cinema Complex, a sensational selection of cafes, bars, and fooderies, a comprehensive business district, medical centre, fitness and specialty retail stores;
Excellent local private and public schools (from Pre to Secondary);
Fabulous parklands, river walks and a golf course;
Bus and city cat service;
Short drive to the CBD, Gateway motorway and the airport.

FOR SALE BY TENDER CLOSING 5:00PM ON WEDNESDAY, 3 NOVEMBER 2021.

INFORMATION MEMORANDUM AVAILABLE ON REQUEST.

For all enquiries, please contact Maryanne Birch on 0418 123 400 or maryanne@maryannebirch.com.au

The health and safety of our clients, our staff and the community is of the utmost importance to Maryanne Birch Real Estate and we will adhere to social distancing measures and strict hygiene protocols to protect our clients, staff and public.

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information. Any personal information provided to Maryanne Birch Real Estate will come under the terms our Privacy Policy which can be found at www.maryannebirch.com.au/privacy-policy.

Property History for 12 Smallman St, Bulimba, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$2,568,000
04 Nov 2021
Listed for Rent
$290/w
16 Sep 2016
  • 04 Nov 2021
    Sold for $2,568,000
  • 15 Oct 2021
    Listed for Sale Under Contract
  • 23 Jun 2018
    Listed for Rent $300 / week
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About Bulimba 4171

The size of Bulimba is approximately 2.9 square kilometres. It has 9 parks covering nearly 8.4% of total area. The population of Bulimba in 2011 was 5,940 people. By 2016 the population was 6,842 showing a population growth of 15.2% in the area during that time. The predominant age group in Bulimba is 30-39 years. Households in Bulimba are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bulimba work in a professional occupation. In 2011, 56.1% of the homes in Bulimba were owner-occupied compared with 56% in 2016.

Bulimba has 4,150 properties. Over the last 5 years, Houses in Bulimba have seen a 62.08% increase in median value, while Units have seen a 64.92% increase. As at 31 October 2024:

  • The median value for Houses in Bulimba is $2,065,101 while the median value for Units is $1,009,484.
  • Houses have a median rent of $890 while Units have a median rent of $675.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Bulimba on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Bulimba.

Suburb Insights for Bulimba 4171

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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.