SOLD
Sold on 15 Apr 2024 for $582,500

1/58 Peach Street
Greenslopes QLD 4120

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 111m2
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Property Details for 1/58 Peach St, Greenslopes

1/58 Peach St, Greenslopes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 111m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Greenslopes in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
72m2
Land Size
111m2
Local Government
Brisbane
Lot/Plan
1/BUP5004

Last Listing description (May 2022)

Available to purchase for the first time in almost 35 years, this two-bedroom unit positioned on the first floor of a boutique six-pack is the one you've been waiting for! In its' original condition, the property is a renovator or investor's dream, flaunting traditional arched doorways, dual balconies, and a generous floorplan. Occupying a premium position within walking distance of Greenslopes Hospital, parks, schools, shops, and public transport, there is no doubt that this lucrative location affords a prime investment opportunity!

The property is naturally well-lit through the ample doors and windows, enabling refreshing breezes to flow through the apartment with ease. The layout allows for an open plan living and dining space, with the well-maintained property incorporating a full kitchen, bathroom, and two spacious bedrooms. Featuring dual balconies, security screens, and a single garage on the ground floor, the retro apartment offers a low-maintenance, 'lock-up and leave lifestyle that will suit a wide range of demographics.


The predominantly owner-occupied complex features a number of already tastefully renovated apartments, demonstrating the future potential of this much-loved home. Investors will delight in the rental returns on a property so close to major employment hubs, whilst keen owner-occupiers will see an advantageous opportunity to secure a high-growth property in a thriving suburb. Providing easy access to the M1, Clem 7, and a mere 5km from the heart of the CBD, there is sure to be a high level of interest in this unit, one of only a few remaining unrenovated inner-city apartments!

2 Bedroom unit on the first floor of a boutique six-pack in Greenslopes
Original condition with arched doorways, 2 balconies & generous floorplan
Walking distance to Greenslopes Hospital, parks, schools, shops & transport
Property well-lit throughout with ample doors/windows enabling breezes
Well-maintained kitchen, bathroom, 2 spacious bedrooms & dual balconies
Security screens & single lock-up garage on the ground floor
Easy access to the M1, Clem 7 & 5km from the heart of Brisbane City
Lucrative returns for investors based on proximity to major employment hubs
One of only a few remaining unrenovated inner-city apartments

Property History for 1/58 Peach St, Greenslopes, QLD 4120

A timeline of how this property has performed in the market
Last Sold
$582,500
15 Apr 2024
Listed for Rent
$270/w
03 May 2009
  • 15 Apr 2024
    Sold for $582,500
  • 13 Apr 2022
    Sold for $463,500
  • 08 Apr 2022
    Listed for Sale $400,000
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About Greenslopes 4120

The size of Greenslopes is approximately 2.5 square kilometres. It has 11 parks covering nearly 10.5% of total area. The population of Greenslopes in 2011 was 8,564 people. By 2016 the population was 8,939 showing a population growth of 4.4% in the area during that time. The predominant age group in Greenslopes is 20-29 years. Households in Greenslopes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenslopes work in a professional occupation. In 2011, 42.5% of the homes in Greenslopes were owner-occupied compared with 40.8% in 2016.

Greenslopes has 4,726 properties. Over the last 5 years, Houses in Greenslopes have seen a 77.46% increase in median value, while Units have seen a 65.03% increase. As at 31 July 2024:

  • The median value for Houses in Greenslopes is $1,323,657 while the median value for Units is $625,476.
  • Houses have a median rent of $675 while Units have a median rent of $520.
There are currently 15 properties listed for sale, and 15 properties listed for rent in Greenslopes on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Greenslopes.

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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.