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Sold on 11 Apr 2024 - Price Unavailable

40 Lang Street
Cannon Hill QLD 4170

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 615m2
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Property Details for 40 Lang St, Cannon Hill

40 Lang St, Cannon Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 615m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Cannon Hill in the last 12 months.

Building Type
House
Land Size
615m2
Local Government
Brisbane
Lot/Plan
26/RP46299

Last Listing description (April 2024)

Occupying a large corner block with north-facing frontage to Princess Street, this highset post-war home offers an array of options for buyers looking to enter a coveted family enclave right on the Morningside border.

Presenting in original yet well-maintained condition internally, the solid three-bedroom residence and expansive grounds deliver immediate lifestyle appeal for families prepared to undertake a simple refurbishment. Incredible potential also exists to further raise/utilise the home's lower level (not currently legal height) or extend its footprint to the rear creating more bedrooms and living areas. Either way, there is plenty of space and easy access via the 40-metre Lang Street frontage for any renovations, including the addition of a swimming pool*.

Alternatively, capitalise on the gently sloping land parcel with dual street frontages and quiet leafy position surrounded by contemporary builds, to remove the existing home and construct a brand-new residence*. Suitable for renting out, property holding costs can be minimised during the planning stages.

Location highlights:
This convenient family-friendly address sits just metres from the green fields of Regent Park, bus stops, and Morningside Plaza's cafes, restaurants, major supermarkets, fresh food grocers, specialty stores, and medical/fitness amenities. Walking distance to local childcare centres, St Oliver Plunkett Primary and Cannon Hill State School, it falls within catchment of the sought after Balmoral State High and is moments from Cannon Hill Anglican College (CHAC). Just a three-minute-drive to Morningside Train Station, it is 6kms from the CBD, with swift access to the airport and coast via the Gateway Motorway.

Other notable features:
- Fully fenced 615sqm corner allotment with excellent access for a renovation or rebuild
- Spacious elevated living area and adjoining enclosed balcony/sunroom; large original kitchen
- Three generous bedrooms serviced by the central bathroom
- Hardwood floorboards protected beneath current floor coverings
- Ceiling fans and security/insect screens to capture cool cross-breezes
- Single lock-up garage, workshop, laundry, and storage space plus a covered carport
- Two large water tanks plumbed to the washing machine

Representing the perfect "blank canvas" in a high-activity, capital growth location, this opportunity is not to be missed.

*Subject to Brisbane City Council Approval

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.

Please note the following when attending our open homes:
"The attendee acknowledges that at all times while attending the open home/inspection they do so at their own risk and that the attendee (and other people in the care and control of the attendee) will not hold the owner, agent or any of their employees, contractors or agents liable for any personal injury, death, loss, theft or damage to their personal property, whether caused by the negligence of the owner, agent, their employees, contractors or agents, howsoever caused."

Property History for 40 Lang St, Cannon Hill, QLD 4170

A timeline of how this property has performed in the market
Last Sold
11 Apr 2024
  • 28 Mar 2024
    Sold for $900,000
  • 04 Mar 2024
    Listed for Sale Submit Offers....

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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 17 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.