51 Godwin StreetBulimba QLD 4171
Property Details for 51 Godwin St, Bulimba
Last Listing description (February 2024)
This is a unique opportunity to purchase a freehold asset within the tightly held Godwin Street Precinct being offered for the first time in 25 years.
This property features the following:
• Office/warehouse building
• A total of eight (8) off-street car parks plus street parking.
• Leased to Le Mans Motors until 30/09/2025 with a 1 year option. The tenant has occupied the premises for 16 years.
• The property is zoned as "Low-medium density residential (2 or 3 storey mix)" under the Brisbane City Plan.
• Short walk to Oxford Street, one of Brisbane`s premier high streets boasting a high level of amenity with significant retail and service offerings.
• Bulimba is serviced by both bus and ferry public transportation services and enjoys easy access to the Brisbane CBD and Gateway Motorway.
• This property offers an opportunity for investors and owner occupiers as well as land bankers, due its excellent development upside.
For further information, please contact the exclusive selling agents John Dwyer on 0439 034 010 or Ben Sands on 0432 547 164.
* Approximately
Property History for 51 Godwin St, Bulimba, QLD 4171
- 02 Feb 2024Sold for $2,200,000
- 15 Nov 2023Listed for Sale ATTENTION: PRICE REDUCTION
- 05 Mar 2007Listed for Sale 2700000
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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 4,162 properties. Over the last 5 years, Houses in Bulimba have seen a 64.62% increase in median value, while Units have seen a 60.46% increase. As at 30 September 2024:
- The median value for Houses in Bulimba is $2,062,686 while the median value for Units is $962,936.
- Houses have a median rent of $935 while Units have a median rent of $680.
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