SOLD
Sold on 03 May 2024 for $738,000

2/240 Wellington Road
East Brisbane QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 111m2
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Property Details for 2/240 Wellington Rd, East Brisbane

2/240 Wellington Rd, East Brisbane is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 111m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in East Brisbane in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
79m2
Land Size
111m2
Local Government
Brisbane
Lot/Plan
2/SP120148

Last Listing description (October 2024)

Located on the cusp of Kangaroo Point and East Brisbane just 50m from the Brisbane River and enjoying a perfect north-east aspect, this spacious 2 bedroom apartment will be highly sought after by homemakers looking for a relaxing lifestyle or the astute investors looking for solid returns and guaranteed future capital growth.

The 122m2 generously sized apartment is unique and will surely impress with two undercover balconies, a small grassed courtyard and its own private access to Thorn St. The apartment is spacious ready to live in as is or for those looking to do some renovations you could create a truly beautiful home. Open plan living dining and kitchen all lead to the front north-facing balcony that will capture the cooling river breezes.

Both carpeted bedrooms are generously sized and well-appointed with large windows, ceiling fans, built-in robes and have direct access to a private balcony and courtyard. The master features a full ensuite with shower, toilet and vanity

- Elevated ground floor position in a boutique block of 12 units
- Close proximity to restaurants, cafe's, shops and Mowbray Park
- Minutes' walk to the CityCat, public transport and the CBD
- Air-conditioned open plan living, kitchen and dining layout
- Massive north east facing deck off the living area
- Master bedroom includes a deluxe ensuite bathroom
- Second bedroom has a generous private balcony
- Secure undercover car accommodation with room for storage
- On-site swimming pool and Security Intercom
- The current lease expires in early August $590 per week
- Future rental appraisal $680 - $700/week.

Surrounded by multi-million dollar properties in a quiet riverside precinct. Minutes from a multitude of shops, cafes and restaurants, this incredible apartment is near leafy Mowbray Park and the popular Kangaroo Point Cliffs Park. You have your choice of public transport with Buses and 2 ferry terminals all within an easy walk. The iconic Gabba Cricket Grounds and the soon-to-be-constructed Cross River Rail Woolloongabba station precinct are easily accessible from this address.

A fantastic opportunity, our sellers are determined to sell either before or at auction.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their inquiries to verify the information contained herein.

Auction:
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 2/240 Wellington Rd, East Brisbane, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$738,000
03 May 2024
Listed for Rent
03 Aug 2023
  • 03 May 2024
    Sold for $738,000
  • 04 Apr 2024
    Listed for Sale SOLD
  • 19 Jul 2023
    Listed for Rent $590 / week
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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 3,738 properties. Over the last 5 years, Houses in East Brisbane have seen a 69.26% increase in median value, while Units have seen a 61.36% increase. As at 31 October 2024:

  • The median value for Houses in East Brisbane is $1,474,552 while the median value for Units is $696,747.
  • Houses have a median rent of $760 while Units have a median rent of $595.
There are currently 18 properties listed for sale, and 12 properties listed for rent in East brisbane on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in East brisbane.

Suburb Insights for East Brisbane 4169

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Ray White South Brisbane
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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.