181 Chatsworth Rd, Coorparoo is a 6 bedroom, 3 bathroom Unit and was built in 1960. The property has a land size of 569m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Just under 5.3km from the CBD*, this solid brick property presents a rare and lucrative investment opportunity with three fully tenanted flats on a single title. Prudent buyers will appreciate immediate cashflow with a myriad of options to explore - sitting on a sizable 569m2 North-facing lot, there is plenty of potential on offer here to redevelop, renovate to increase already significant yields, strata title to sell separately, or simply kick back and landbank whilst enjoying comfortable returns (STCA). Well-connected to CBD transport, surrounded by fashionable lifestyle precincts amongst Coorparoo Square, Camp Hill Marketplace and Stones Corner, and minutes from Greenslopes & PA Hospitals as well as the highly anticipated Gabba Olympic Games Precinct, this address presents a compelling long-term opportunity and must be acted upon quickly to secure.
- North-facing 569m2 ? redevelop, renovate or landbank (STCA)
- All flats feature 2 bedrooms, 1 bathroom and an alfresco balcony/patio
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 9,770 properties. Over the last 5 years, Houses in Coorparoo have seen a 78.23% increase in median value, while Units have seen a 89.53% increase. As at 31 October 2024:
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