OFF MARKET

16 Kirkland Avenue
Coorparoo QLD 4151

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 108m2
Land area: 506m2
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Property Details for 16 Kirkland Ave, Coorparoo

16 Kirkland Ave, Coorparoo is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1935. The property has a land size of 506m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
1935
Floor Size
108m2
Land Size
506m2
Local Government
Brisbane
Lot/Plan
27/RP12969

Last Listing description (October 2019)

Currently configured as three separate residences and generating an immediate rental return of 6% plus per annum, this LMR-zoned property offers a series of outstanding possibilities.
Set in a desirable, elevated enclave within walking distance of both the Coorparoo and Stones Corner lifestyle precincts, the address boasts dual street frontages with city views from the Raby Road end.
RESIDENCE ONE with a frontage to Raby Road enjoys a modern open floorplan with soaring high ceilings, 5 bedrooms and a clever bathroom with multiple showers and toilets. It features modern stainless steel kitchen appliances including gas cooktop, as well as city views from the entry verandah.

RESIDENCE TWO fronting Kirkland Avenue boasts an ideal north-eastern aspect with full width balcony and two entrances. A large open-plan design with well-maintained modern finishes is accompanied by three excellent sized bedrooms and a central bathroom.
RESIDENCE THREE is a spacious two-bedroom, one bathroom apartment, also featuring two separate entrances.
All units feature a lock-up garage, storage and laundry access
Options for the property:
1.Enjoy the immediate and secure investment offered by the tenanted premises
2.Reside in one of the residences while continuing to enjoy the income stream from the other two
3.Take advantage of the blocks LMR zoning to demolish the existing building and redevelop into multiple dwellings*
4.Remove the existing building and build a new luxury home capitalising on the prime location and city views*
Positioned just 4km from the CBD, the address is also moments from express transport routes, local shops, the dynamic new Coorparoo Square dining and cinema precinct, coveted Coorparoo State School and other top colleges.
Offering rare size, location and potential, this is a unique opportunity not to be missed!
*Subject to Brisbane City Council Approval
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.

Property History for 16 Kirkland Ave, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
Last Sold
$960,000
19 Sep 2019
Listed for Rent
$320/w
24 Jun 2010
  • 19 Sep 2019
    Sold for $960,000
  • 06 Mar 2019
    Listed for Sale Not Disclosed
  • 06 May 2013
    Transferred for $800,000
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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 9,878 properties. Over the last 5 years, Houses in Coorparoo have seen a 90.33% increase in median value, while Units have seen a 81.74% increase. As at 31 August 2024:

  • The median value for Houses in Coorparoo is $1,686,637 while the median value for Units is $685,056.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 38 properties listed for sale, and 23 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 457 properties were sold in the past 12 months in Coorparoo.

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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.