SOLD
RECENT ADVICE
Sold on 27 Apr 2024 for $3,050,000

17 Geelong Street
East Brisbane QLD 4169

Bedrooms: 9
Bathrooms: 5
Car spaces: -
Land area: 707m2
Sold By
Belle Property Bulimba
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Property Details for 17 Geelong St, East Brisbane

17 Geelong St, East Brisbane is a 9 bedroom, 5 bathroom Unit. The property has a land size of 707m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 9 bedroom Unit sold in East Brisbane in the last 12 months.

Building Type
Unit
Land Size
707m2
Local Government
Brisbane
Lot/Plan
BUP5888

Last Listing description (July 2024)

A prime inner-city development opportunity where the groundwork has already been set in place. This 707sq m property, minutes from the CBD and a short walk from a CityCat, is currently occupied by a post-war complex of four strata titled apartments delivering a total rental income of $98,280 per annum. A preliminary town planning report notes it's appropriately zoned, located and of sufficient size to allow for a number of redevelopment opportunities. Beautifully positioned close to the Gabba, major hospitals and excellent schools including Churchie.

* 707sq m inner-city property with post-war brick complex of four apartments
* Strata titled apartments currently generating total $1890/week rental income

* Units one and three are two bedrooms, one bathroom, one car space
* Unit two is one bedroom, one bathroom, one car space
* Unit four is four bedrooms, two bathrooms, two car spaces
* Prelim town planning report notes a number of redevelopment opportunities
* Walk to a CityCat, bus, Mowbray Park, Gabba, Kangaroo Point and Churchie

Outgoings:
Rates - Approx. $480 per quarter, per unit
Insurance - Approx. $3500 per year
Water - Approx. $395 per quarter, per unit

Property History for 17 Geelong St, East Brisbane, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$3,050,000
27 Apr 2024
Listed for Rent
$360/w
12 Jan 2017
  • 27 Apr 2024
    Sold for $3,050,000
  • 29 Mar 2024
    Listed for Sale Not Disclosed
  • 17 Mar 2019
    Listed for Rent - Price not available
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About East Brisbane 4169

The size of East Brisbane is approximately 2 square kilometres. It has 10 parks covering nearly 8.6% of total area. The population of East Brisbane in 2011 was 5,598 people. By 2016 the population was 5,932 showing a population growth of 6.0% in the area during that time. The predominant age group in East Brisbane is 20-29 years. Households in East Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Brisbane work in a professional occupation. In 2011, 44.7% of the homes in East Brisbane were owner-occupied compared with 40.7% in 2016.

East Brisbane has 3,794 properties.

    There are currently 14 properties listed for sale, and 16 properties listed for rent in East brisbane on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in East brisbane.

    Suburb Insights for East Brisbane 4169

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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.