115 Days RoadGrange QLD 4051
Property Details for 115 Days Rd, Grange
115 Days Rd, Grange is a 7 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1920. The property has a land size of 810m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (February 2024)
Welcome to 115 Days Rd, Grange.
Resting on top of the hill on 810m2 of prime land in Grange, Brisbane. This investment opportunity is not to be overlooked. At present this investment property generates a fantastic income, with the potential to generate much more with the Olympic games so close. Under 5km from the CBD, Grange is close to it all, with some of the best state and private schools nearby, either within walking distance or a short bus ride away, anyone looking to invest in this catchment prior to the Olympics will not go wrong. Only a 3-4 minute drive will take you to the vibrant dining precinct and boutique stores of Wilston Village, convenient shopping at Coles Alderley or the Newmarket Village Shopping Centre with its Reading Cinemas. Compromising of 5 x single bedroom units and 1 x two bedroom unit, all with garages spaces and a backyard to kick the ball around.
Property Features:
* 5 x one bedroom units
* 1 x two bedroom unit
* Premier Position in highly sought after area
* Fantastic Opportunity to generate huge income potential
* Opportunity to change internal layout
* 810m2 Flat Block
* Built 1920's - Character listed
* Walking distance to both Wilston and Newmarket Train station
* 3km to Royal Brisbane Woman's Hospital
* Current Rental income over $86,000.00 per annum
* Potential Rental income over $100,000.00 per annum
* Council Rates Approx - $1,876.00 per qtr
* Water Rates Approx - $1,815.00 per qtr
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
Property History for 115 Days Rd, Grange, QLD 4051
- 14 Dec 2022Listed for Sale Not Disclosed
- 15 Oct 2022Sold for $1,380,000
- 14 Jul 2022Listed for Sale Presenting Offers - Massive Rental Returns!
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About Grange 4051
The size of Grange is approximately 1.8 square kilometres. It has 8 parks covering nearly 24.4% of total area. The population of Grange in 2011 was 4,163 people. By 2016 the population was 4,296 showing a population growth of 3.2% in the area during that time. The predominant age group in Grange is 40-49 years. Households in Grange are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grange work in a professional occupation. In 2011, 70.9% of the homes in Grange were owner-occupied compared with 74.1% in 2016.
Grange has 1,799 properties. Over the last 5 years, Houses in Grange have seen a 87.20% increase in median value, while Units have seen a 61.17% increase. As at 31 October 2024:
- The median value for Houses in Grange is $1,777,564 while the median value for Units is $725,891.
- Houses have a median rent of $790 while Units have a median rent of $480.
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