SOLD
Sold on 28 Feb 2024 for $1,370,000

24 Ridge Street
Greenslopes QLD 4120

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 101m2
Land area: 693m2
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Property Details for 24 Ridge St, Greenslopes

24 Ridge St, Greenslopes is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 693m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Greenslopes in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
101m2
Land Size
693m2
Local Government
Brisbane
Lot/Plan
2/RP12932

Last Listing description (June 2024)

Contact agent for an inspection.

Occupying an expansive 693sqm allotment in the highly coveted Greenslopes, this three-bedroom character home not only boasts stunning traditional details and breathtaking views but also presents an unparalleled opportunity for developers and land bankers alike. With the potential for a duplex, second residence or even a swimming pool STCA, this dual-level property, spread across two titles, stands as a prime example of a lucrative land bank.

The property, currently a canvas ready for your creative touch, impresses from the outset with its grand traditional facade and charming picket-fenced front gardens. Inside, the residence features lofty 3.6-metre-high ceilings, VJ walls, elegant timber floors, and French doors, setting the stage for a truly elevated living experience.

Step into a generous living area that seamlessly extends to a covered wrap-around verandah, offering panoramic views of tree-dotted Greenslopes and the iconic city skyline beyond. This exceptional al fresco space is not just an extension but an opportunity - envision it as the perfect setting for future gatherings or the foundation for additional developments.

The well-equipped kitchen, adorned with quality appliances and ample cupboard storage, complements the sizable dining area, creating a perfect blend of functionality and style. Downstairs, a spacious concreted entertainment area opens up to a landscaped rear yard, presenting the potential for separate self-contained dwelling (STCA).

Upstairs, an ensuited master bedroom is accompanied by two additional bedrooms, while a newly-renovated main bathroom with floor heating adds a touch of luxury. The property also caters to those who work from home with a dedicated study on the ground level and a workshop area boasting a sink basin and superb storage.

With a secure garage, two undercover parks, room for up to three additional vehicles, loft storage, laundry chute, USB ports, and air-conditioning, this residence seamlessly combines practicality with comfort.

Located mere steps away from an array of shops and dining options, this outstanding property is conveniently situated near city-bound bus stops and Thompson Estate Reserve's playgrounds. Proximity to medical facilities, including Greenslopes Private, Princess Alexandra, Mater, and Queensland Children's hospitals, adds to the appeal. Don't miss this chance to transform this property into a lucrative development opportunity or a strategic addition to your land bank portfolio.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 24 Ridge St, Greenslopes, QLD 4120

A timeline of how this property has performed in the market
Last Sold
$1,370,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $1,370,000
  • 26 Dec 2023
    Listed for Sale Now $1.43m+ Act Fast!
  • 19 Nov 2018
    Sold for $680,000
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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 4,688 properties. Over the last 5 years, Houses in Greenslopes have seen a 77.85% increase in median value, while Units have seen a 91.16% increase. As at 31 October 2024:

  • The median value for Houses in Greenslopes is $1,361,522 while the median value for Units is $704,441.
  • Houses have a median rent of $650 while Units have a median rent of $535.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Greenslopes on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Greenslopes.

Suburb Insights for Greenslopes 4120

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Contact agent
Mikaela Ivey
Show contact details
Place Bulimba
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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.