70 Peach St, Greenslopes is a 4 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in June 2000.
Opportunities like this do not come around every day! This brick complex comprising four generous one-bedroom units, each with updated kitchens and bathrooms oozes potential. The apartments currently return a combined annual income of $59,000, with the ability to increase this by making further improvements to the property. Occupying an impeccable position in the desirable suburb of Greenslopes, the location on offer affords walking distance to parks, public transport, hospitals, and shops, just 5km from the heart of the Brisbane CBD.
Each of the apartments has an open plan kitchen and living area leading off to the roomy bedrooms and private ensuite. The updated kitchens flaunt timber-look cabinetry, stainless steel ovens and gas cooktops, while the bathrooms incorporate a mirrored vanity, walk-in shower and toilet. The units access laundry facilities and allocated carports downstairs, each with balconies privatised by the surrounding greenery. There is ample opportunity here to spruce up the well-built complex, currently occupied by quality, long term tenants.
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 4,687 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:
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