OFF MARKET

27 Thomas Street
Greenslopes QLD 4120

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 80m2
Land area: 615m2
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Property Details for 27 Thomas St, Greenslopes

27 Thomas St, Greenslopes is a 5 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 615m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Floor Size
80m2
Land Size
615m2
Local Government
Brisbane
Lot/Plan
3/RP60798

Last Listing description (January 2023)

Opportunities like this do not come around every day.

Occupying an impeccable position in the desirable suburb of Greenslopes, this solid brick building is sitting on a large and well proportioned 615Sqm block of land.

A great opportunity to capitalise, with the ability to keep the complex as is, spruce it up or develop further.

Featuring three generous and spacious units, all occupied by quality tenants, the property currently return a combined annual income of $47,600, with the ability to increase this income by making a few improvements to the property.

All 3 units are well presented with open plan kitchens and light- filled living area leading off to the roomy bedrooms serviced by a good size bathroom. Built-ins in the main bedrooms and all carpets in good condition with ceiling fans in living areas for all 3 units and air-conditioned in the bedroom of Unit 3.

Situated in one of Greenslopes most coveted streets, the complex is a short walk from the Hospital, parklands, Woolworths and Greenslopes State School; There will never be an issue finding tenants for this fantastic location.

- A brick complex comprising 2 x2 bedroom unit and 1x1 bedroom unit
- Apartments return a combined annual income of $47,840 with further potential to improve rental income and capitalise for the future
- Walking distance to parks, public transport, hospitals & shops, 5km from Brisbane City
- Apartments have carpeted living/bedrooms, tiled kitchens and bathrooms
- Each unit have access to laundry facilities & allocated carports downstairs as well as private storage rooms
- Walking distance to Greenslopes Hospital, parklands, Woolworths and Greenslopes State School
In a prime position well serviced by public transport and easy access to all facilities, there is no question that this is a rare and valuable opportunity!

Call Claudia for more information

Property History for 27 Thomas St, Greenslopes, QLD 4120

A timeline of how this property has performed in the market
Last Sold
$1,030,000
18 Nov 2022
Listed for Rent
$290/w
18 Sep 2015
  • 18 Nov 2022
    Sold for $1,030,000
  • 14 Oct 2022
    Listed for Sale Price by Negotiation
  • 01 Mar 2019
    Listed for Rent $255 / week
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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 4,690 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 15 properties listed for sale, and 9 properties listed for rent in Greenslopes on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Greenslopes.

Suburb Insights for Greenslopes 4120

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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.