18 Kent StreetCoorparoo QLD 4151
Property Details for 18 Kent St, Coorparoo
18 Kent St, Coorparoo is a 2 bedroom, 1 bathroom Unit with 7 parking spaces and was built in 1970. The property has a land size of 911m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (March 2021)
This astute investment comprises 4x 1 bed, 2 x 2 bed brick flats and is currently returning $102,000 per annum. The low maintenance investment is on a 911m2 block of LMR zoned land with a high Council land value of $1,050,000.
With significant upside, further value may be added to the property by the construction of another level of flats capitalising on this property's outstanding position and potential for city views (subject to Council approval, STCA) . Always occupied, these flats are a very short walk from the Martha Street dining precinct and moments from multiple shopping and entertaining centres including Coorparoo Square. Less than 5 radial kms from the CBD, the property has effortless access to it via its close proximity to bus and rail transport options.
- All flats feature spacious light filled layouts, well proportioned, practical kitchens, sizeable bedrooms, air conditioning, 2 entries
- 2 of which are fully secure enclosed garages, 1 with parking for 2 vehicles
- Double brick wall separating each unit
- Hardwired smoke alarms
- Solar power system
- 2 expansive lockable storage areas
- Attractive property investment offering the astute purchaser a number of options
- Maximise your return on investment by renovating or extending the existing structure (STCA)
- Assured strong capital growth
- A Building and Pest Report can be supplied upon request
Property History for 18 Kent St, Coorparoo, QLD 4151
- 07 Jan 2021Sold for $1,655,000
- 24 Dec 2020Listed for Sale AUCTION CANCELLED
- 04 Aug 2020Listed for Rent $290 / week
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0About 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 9,855 properties. Over the last 5 years, Houses in Coorparoo have seen a 82.47% increase in median value, while Units have seen a 79.73% increase. As at 31 July 2024:
- The median value for Houses in Coorparoo is $1,657,063 while the median value for Units is $663,663.
- Houses have a median rent of $695 while Units have a median rent of $550.
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