OFF MARKET

124 Cavendish Road
Coorparoo QLD 4151

Bedrooms: 10
Bathrooms: 6
Car spaces: 6
Land area: 799m2
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Property Details for 124 Cavendish Rd, Coorparoo

124 Cavendish Rd, Coorparoo is a 10 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 799m2. While the property is not currently for sale or for rent, it was last sold in August 1983.

Building Type
Unit
Land Size
799m2
Local Government
Brisbane
Lot/Plan
1/RP119841

Last Listing description (March 2021)

Appealing to investors everywhere, this block of 6 units located on the corner of Cavendish Road and Birdwood Road,

This remarkable offering caters to those seeking proven investment returns within a tightly held inner-city locale, currently returning $95,420/year with potential for upside when leases come up for renewal.


Additional features:

- 4 x 2 bedroom, 1 bath, 1 car garage
- 2 x 1 bedroom, 1 bath, 1 car garage located on a north facing corner position. On a level 799sqm of BR3 land, this property presents an outstanding investment or development opportunity in the heart of Coorparoo.
- 799m2
- North East Facing position
- BR3 Zoning
- Double cavity brick
- Solar Energy

Located within walking distance from the new Dendy and Coorparoo Square Shopping and Cinema precinct and easy walking distance to Coorparoo Train station and bus interchange.

Don't miss out - to secure this enviable, low-maintenance investment opportunity, enquire today!

Property History for 124 Cavendish Rd, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
Last Sold
$132,000
05 Aug 1983
Listed for Rent
$320/w
09 Feb 2017
  • 08 Oct 2018
    Listed for Rent $290 / week
  • 21 Nov 2017
    Listed for Sale Offers from $1,950,000
  • 09 Feb 2017
    Listed for Rent - Price not available
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About Coorparoo 4151

The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2011 was 14,944 people. By 2016 the population was 16,284 showing a population growth of 9.0% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation. In 2011, 52.7% of the homes in Coorparoo were owner-occupied compared with 52.1% in 2016.

Coorparoo has 9,877 properties. Over the last 5 years, Houses in Coorparoo have seen a 73.70% increase in median value, while Units have seen a 91.72% increase. As at 30 November 2024:

  • The median value for Houses in Coorparoo is $1,616,130 while the median value for Units is $716,197.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 19 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 466 properties were sold in the past 12 months in Coorparoo.

Suburb Insights for Coorparoo 4151

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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.