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Sold on 16 Nov 2024 - Price Unavailable

54 Coutts Street
Bulimba QLD 4171

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 716m2
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Property Details for 54 Coutts St, Bulimba

54 Coutts St, Bulimba is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 716m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 6 bedroom Unit sold in Bulimba in the last 12 months.

Building Type
Unit
Land Size
716m2
Local Government
Brisbane

Last Listing description (November 2024)

Auction Location: On-Site

Extremely Rare Bulimba Opportunity 716m Corner Block of Flats in Prestigious Coutts Street!

Discover a rare gem in Bulimba's prestigious "River Avenue" at Coutts Streeta golden opportunity for developers, investors, and savvy buyers. This prime, northeast-facing corner block spans an impressive 716m and boasts dual street frontage, making it an unmissable addition to any serious property portfolio. Properties like this come along once in a generation!

Currently hosting three ground-floor, two-bedroom flats, this income-producing block offers endless potential. Each unit features an open-plan living and dining area, communal laundry, separate storeroom, and convenient undercover parking. The practical layout and prime location attract a wide range of tenants, making this a versatile investment with strong rental appeal and secure income.

Nestled in one of Bulimba's most desirable locales, just 300 meters from the vibrant Oxford Street, this property is surrounded by multi-million dollar homes, cafes, boutique shops, and the popular Bulimba Ferry Terminal for easy access to the Brisbane CBD. This is more than just a location; it's a lifestyle that renters and future buyers will cherish.

With a solid build, no body corporate fees, and favourable zoning for potential development or subdivision (STCA), this property is a blue-chip opportunity that doesn't come around often. Whether you're looking to develop, renovate, or simply land bank, the future potential here is enormous.

Seize the chance to secure this extraordinary Bulimba property before it's too late. Schedule an inspection today and see firsthand the immense possibilities that await!

Don't miss this chance to secure a piece of Bulimba's thriving real estate market. Contact us today to arrange an inspection and discover the limitless possibilities that await.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 54 Coutts St, Bulimba, QLD 4171

A timeline of how this property has performed in the market
Last Sold
16 Nov 2024
  • 16 Nov 2024
    Sold
  • 29 Oct 2024
    Listed for Sale Auction

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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 4,159 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 25 properties listed for sale, and 11 properties listed for rent in Bulimba on OnTheHouse. According to CoreLogic's data, 207 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.