17 Arran AveHamilton QLD 4007
Property Details for 17 Arran Ave, Hamilton
17 Arran Ave, Hamilton is a 7 bedroom, 5 bathroom Unit. The property has a land size of 1313m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (June 2024)
Tucked away in one of Hamilton's most prestigious precincts and atop an elevated perch, your opportunity to capitalise on an enticing real estate prospect has arrived. Brimming with potential and spoiling you for choice, this 1,313m2 parcel of land promises to be an ideal investment opportunity or offers the exciting chance to build the luxury home you've longed for. With current plans drafted by BASE architecture available to the buyer, there is already a significant vision being explored that provides the opportunity for a buyer to proceed with or amend to their preference.
View interview with BASE Architecture Director Shawn Godwin regarding this exciting site at 15-17 Arran Ave, Hamilton: https://youtu.be/WuwWkdPxQS4
Set out over a double lot, with two titles, this block spans an impressive 21m wide street frontage and runs 77m deep. Currently hosting a three-level brick apartment building, it comprises five units, including 4 x 1 bedroom units on the first and second floors and 1 x 3 bedroom apartment on the top floor, basking in beautiful Brisbane River vistas. Presently, all five apartments are leased and returning an attractive $98,280 (approx.) per annum and are expected to generate substantial future capital growth. This ensures you can bide your time and enjoy a healthy yield from the apartments while you plan your exciting course of action for this site.
You could renovate the units to increase your income or gut them and reconfigure the current structure into a grand tri-level home that captures river views. Or explore your options to knock down and rebuild one or two luxury homes that will be a landmark befitting of this blue-ribbon block. You only need to look to the ultra-exclusive neighbouring houses for inspiration with what is possible in this sought-after street.
Located in a cul-de-sac, start your days with a stroll, run or bike ride along the Lores Bonney Riverwalk, just 280m from home, while taking in the beautiful views. At the day's end, reward yourself with dinner along nearby Racecourse Road. You'll also benefit from being close to leafy parks, quality cafs, Brisbane Airport and acclaimed schools, including St Margaret's Anglican Girls School, Aviation High and Ascot State School. When the city beckons, Kingsford Smith Drive whisks you into the CBD in record time or take advantage of ample bus and ferry services.
Property Specifications:
* Capitalise on an enticing real estate prospect with multiple enviable options
* Elevated 1,313m2 block in one of Hamilton's most prestigious precincts and with Brisbane River views
* Set out over two lots, with two titles and spanning 21m wide street frontage and 77m deep
* Three-level brick apartment building on site, with 4 x 1 bedroom units and 1 x 3 bedroom
* Healthy yield - all apartments are leased and return $98,280 (approx.) per annum
* Renovate units and increase the strong capital growth over time
* Reconfigure the current structure into a grand tri-level home that captures river views
* Knockdown and rebuild one or two luxury homes to emulate the high-quality neighbouring homes
* Located in a cul-de-sac, 280m walk from the Lores Bonney Riverwalk
* Close to leafy parks, quality cafs and all the dining options along nearby Racecourse Road
* Central to Brisbane Airport, St Margaret's Anglican Girls School, Aviation High and Ascot State School
* Easy access to the city via Kingsford Smith Drive plus ample bus and ferry services close by
It's rare to have so many tempting options to consider with one block, so be sure to call Brooke Hawthorne or David Scott now to discuss.
Property History for 17 Arran Ave, Hamilton, QLD 4007
- 02 Jul 2021Sold for $2,210,000
- 18 Feb 2019Listed for Sale Offers Over $2,150,000
- 06 Jul 2018Listed for Rent $290 / week
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About Hamilton 4007
The size of Hamilton is approximately 3.4 square kilometres. It has 8 parks covering nearly 2.5% of total area. The population of Hamilton in 2011 was 4,720 people. By 2016 the population was 7,001 showing a population growth of 48.3% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 53.6% of the homes in Hamilton were owner-occupied compared with 45.5% in 2016.
Hamilton has 6,186 properties. Over the last 5 years, Houses in Hamilton have seen a 46.78% increase in median value, while Units have seen a 57.42% increase. As at 31 October 2024:
- The median value for Houses in Hamilton is $2,148,530 while the median value for Units is $726,053.
- Houses have a median rent of $750 while Units have a median rent of $643.
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