OFF MARKET

49/38 Palmer Street
Greenslopes QLD 4120

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 107m2
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Property Details for 49/38 Palmer St, Greenslopes

49/38 Palmer St, Greenslopes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 107m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2000
Floor Size
73m2
Land Size
107m2
Local Government
Brisbane
Lot/Plan
49/SP154417

Last Listing description (December 2021)

Fresh, light and bright and situated on the fringe of an inner-city lifestyle where the City bound bus stop is virtually at your front door, apartment 49 at "Coolmore" is the one you've been waiting for! Move in ready and offering a carefree lifestyle where everything is right on your doorstep, this apartment is ideal for savvy first home-buyers, downsizers or investors who know good value when they see it.

Positioned on the first level and boasting multiple spacious balconies (off each bedroom) and with brand new paint and flooring throughout, there's a lot to love here. With a clever layout ideal for sharing, each bedroom is of good size and offers some separation between them. The master features a walk through wardrobe and an ensuite while the second bedroom has direct access to the two-way main bathroom and generous built in robes.

The kitchen is tidy and functional and includes a dishwasher, while the open plan lounge and dining area is air-conditioned for year round comfort. The covered front balcony is the perfect spot for your morning coffee or alfresco dining, while the second spacious balcony may be the ideal place to accommodate your BBQ or your potted herb/veggie garden.

Coolmore is a friendly, gated community with a shared in-ground pool and excellent on-site manager. A single covered dedicated parking space, additional visitor parking and scope to add even more value over time completes this value packed buying opportunity.

Contact Emma De Marco today for more information.

At A Glance:
- Body corporate fees: $874 per quarter
- Brisbane City Council rates: $430 per quarter
- Sinking Fund $433,231 as at 3 November 2021
- Rental estimate $370 - $420 per week
- New paint throughout
- New flooring throughout
- Two built-in bedrooms
- Two bathrooms
- Balconies at the front and rear of the apartment
- Air-conditioned living area
- Kitchen with dishwasher
- Internal laundry
- Single car space
- Shared In-ground pool
- Cavendish Road High School catchment
- Greenslopes State School catchment
- Fast bus access (via pedestrian gate to Logan Road) to CBD, Southbank, Buranda, Westfield Garden City (route 180)
- Fast access to Pacific Motorway
- Easy cycle to the recently completed Veloway, for safe cycling to the CBD
- Plenty of cycle tracks and green space nearby to enjoy
- Dining/entertainment precincts in Stones Corner, Holland Park and Coorparoo Square within close proximity

LOCATION, LOCATION, LOCATION...Just a short stroll to the ever popular Greenslopes Mall with Coles Supermarket and a little further along to the famous local IGA. Or drive just a couple of minutes to the Stones Corner precinct where you'll enjoy the local caf scene, restaurants, retail therapy and the ALDI supermarket. Coorparoo Square is also within a short driving distance where you'll find a further array of dining, shopping and cinematic experiences less than 10-minutes from Palmer Street. Access to the CBD, Southbank, Garden City, Griffith University via easy public bus transport, and the Pacific Motorway and South East Busway and New Veloway are both only a few minutes drive/cycle.

Property History for 49/38 Palmer St, Greenslopes, QLD 4120

A timeline of how this property has performed in the market
Last Sold
$395,000
17 Nov 2021
  • 17 Nov 2021
    Sold for $395,000
  • 03 Nov 2021
    Listed for Sale Offers over $395,000
  • 16 Sep 2002
    Sold for $219,000

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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 4,689 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 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.

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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.