OFF MARKET

4/61 Ludwick Street
Cannon Hill QLD 4170

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 102m2
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Property Details for 4/61 Ludwick St, Cannon Hill

4/61 Ludwick St, Cannon Hill is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 102m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2016
Floor Size
70m2
Land Size
102m2
Local Government
Brisbane
Lot/Plan
4/SP270496

Last Listing description (July 2020)

PUBLIC OPEN HOME
Saturday 16th May at 11:45am-12:15pm

Purchased new in 2016, this spacious corner apartment is quietly set at the rear of the complex. Initially reserved for the builder/developers own daughter with the intent to hold long term, however circumstances have changed and this value packed apartment must be sold. Now is your opportunity to secure the pick of the bunch in this coveted residential building.

Entry is at street level via a secure foyer, ideal for buyers of all ages for security and access. From the moment you enter the single level apartment, youll be taken aback by the feeling of space.

As you move through the hallway, you will pass by the second bedroom with built-in robe, and the main bathroom; the apartment then unfolds to the large open plan living, dining and the kitchen.

The balcony is a wonderful extension of the interior living space, with a seamless transition and a leafy outlook, its perfect for entertaining and alfresco dining. Finished to a very high standard with a suite of quality appointments, the modern kitchen presents with stone bench tops, breakfast bar, 900mm 5 burner gas stove and Smeg convection oven.

The master bedroom enjoys its own level of privacy and separation set at this end of the apartment with its own bathroom and private access to the balcony.

This apartment is currently tenanted until October 2020, at $400 per week. This is an approx. 5% gross yield. Added features included split system air conditioning and vertical blinds throughout.

Well positioned for maximum lifestyle enjoyment, with a plethora of dining and caf options all within a very short, and easy walk including well regarded East Village. Public transport is plentiful and within close proximity, ensuring easy access to the CBD just 8km away, along with universities and schools without taking the car. The apartment will be sold with a single secure car park.

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

Property History for 4/61 Ludwick St, Cannon Hill, QLD 4170

A timeline of how this property has performed in the market
Last Sold
$387,500
12 May 2020
Listed for Rent
$400/w
14 Nov 2018
  • 12 May 2020
    Sold for $387,500
  • 01 May 2020
    Listed for Sale $385,000 - $405,000
  • 09 Nov 2018
    Listed for Rent - Price not available
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About Cannon Hill 4170

The size of Cannon Hill is approximately 3.8 square kilometres. It has 8 parks covering nearly 42.9% of total area. The population of Cannon Hill in 2011 was 4,507 people. By 2016 the population was 5,542 showing a population growth of 23.0% in the area during that time. The predominant age group in Cannon Hill is 30-39 years. Households in Cannon Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannon Hill work in a professional occupation. In 2011, 71% of the homes in Cannon Hill were owner-occupied compared with 65.1% in 2016.

Cannon Hill has 3,176 properties. Over the last 5 years, Houses in Cannon Hill have seen a 85.93% increase in median value, while Units have seen a 64.44% increase. As at 30 September 2024:

  • The median value for Houses in Cannon Hill is $1,348,282 while the median value for Units is $687,897.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 11 properties listed for rent in Cannon hill on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Cannon hill.

Suburb Insights for Cannon Hill 4170

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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.