31 Denman St, Greenslopes is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1965. The property has a land size of 511m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
This 4-unit property presents an ideal inner-city investment close to transport, Greenslopes Mall and Greenslopes Private Hospital.
Occupying a 511sqm allotment (12.6m x 40.3m), the dwelling includes 8 bedrooms, 4 bathrooms and 4-car accommodation made up of 4x 2 bed, 1 bath, 1 car units.
A savvy investment, the property features yearly rent returns of $73,320, and a recent rental appraisal estimates rental returns can be achieved between $79,300 - $84,240 per year.
Unit 1: Fixed lease $350 per week until 02/02/2023
Unit 2: Fixed lease $360 per week until 14/04/2023
Unit 3: Fixed lease $350 per week until 23/02/2023
Unit 4: Fixed lease $350 per week until 16/06/2023
Each unit includes:
- An open plan living and dining area
- Functional kitchen with an oven and cooktop
- 2 bedrooms (1 with a built-in robe) and 1 bathroom
- Access to a shared laundry and drying court
- 1 car space in the 4-car carport
- The 2 top floor units feature undercover decks
- The front unit includes a private courtyard
Positioned in a sought-after inner-city precinct, this property is 10 minutes from the CBD, 250m to Greenslopes Mall, 600m to Greenslopes Private Hospital and 700m to IGA.
Lifestyle precincts, including Coorparoo Square and Stones Corner Village, are 5 minutes away, and you are close to recreation areas, parks, reserves and bikeways. Transport is made easy with city bus stops and SE Busway within walking distance and the M1 Motorway in close proximity.
Just 700m from childcare, within the Greenslopes State School and Brisbane South State Secondary College catchments, close to premier private schools, 6 minutes from Griffith University, 11 minutes to QUT Gardens Point and 16 minutes to UQ.
Total Annual Council Rates: Approx. $5,771.86 excl. water/sewer.
Total Annual Water/Sewerage Fees: Approx. $4,086.12.
Rental Appraisal: $1000 to $1,100 per week.
Fully tenanted and offering great returns this is the perfect investment property.
For a copy of the Information Memorandum, please contact the agent.
*Image outlines displayed are indicative only
Disclaimers
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
* 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.
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.
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.
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