SOLD
RECENT ADVICE
Sold on 24 Jul 2024 for $785,000

50705/37B Harbour Road
Hamilton QLD 4007

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 74m2
Land area: 85m2
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Property Details for 50705/37b Harbour Rd, Hamilton

50705/37b Harbour Rd, Hamilton is a 2 bedroom, 2 bathroom Unit and was built in 2012. The property has a land size of 85m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Hamilton in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
74m2
Land Size
85m2
Local Government
Brisbane
Lot/Plan
50705/SP277728

Last Listing description (July 2024)

This furnished unit in the desirable Proximity Apartments on Level 7 provides a great opportunity to make it your own. The unit features modern living spaces with stylish finishes, a spacious balcony, and scenic river views. This 2-bedroom unit is ideally situated in a prime location poised for a $20 million rejuvenation, transforming it into a vibrant dining and lifestyle hub ahead of the Olympic Games.

Designed by leading Brisbane architects, Cootee Parker, 'Proximity Hamilton' draws inspiration from its proximity to the Brisbane River, with a unique design resembling ripples in a flowing stream. The 14-storey building sits adjacent to the Brisbane River, only 6 kilometres from the CBD, offering a secure and convenient lifestyle.

Upon entering the unit, you are greeted by an open-plan layout that seamlessly integrates the kitchen, living, and dining areas. The modern kitchen features Bosch appliances, a gas cooktop, double sink, breakfast bar, stone benchtops, and ample drawer and cupboard space. The living area flows effortlessly onto the balcony, ideal for alfresco dining and enjoying the relaxing water vistas.

The unit comprises two generously sized bedrooms, both with built-in wardrobes. The master bedroom with picturesque views includes an ensuite and the second bedroom is serviced by a well-appointed bathroom, with a shower over bath, vanity and toilet.

Floor-to-ceiling windows and doors throughout the unit provide abundant natural light and stunning river views. Comfort is ensured with reverse cycle air-conditioning in both the living area and main bedroom. Additionally, the unit includes a European laundry and a secure exclusive basement car space with a private storage cage.

Residents of the complex benefit from a range of amenities, including a lap pool and sundeck for relaxation, secure bike storage, dual lifts, and a secure foyer entry with intercom. An onsite manager adds to the convenience and security of the living experience.

This unit is in a vibrant locale with easy access to Portside Wharf, Racecourse Road, and Eat Street containing diverse dining options, cafes, Dendy Cinema, fitness centres, weekend markets, and an IGA supermarket. The bus and CityCat stop is less than 350 meters away, ensuring quick and easy access to public transportation. Schools such as Hamilton State School, Aviation High School, Brisbane Grammar, St Rita's College, and St Margaret's Anglican Girls School are all within easy reach. The Brisbane Airport is a 15-minute drive away, and the Brisbane CBD is just 12 minutes away.

Financials at a Glance:
Body Corp fees $2324 approx. per 4 months ($6972 per annum, admin, sinking and insurance)
Sinking Fund $1,139,326.17 as at 20 June 24
Tenanted until 10/11/24 at $650 per week
Rental Appraisal $680 - $720 per week
Council rates are $480.95 per quarter (investors, less owner occupiers)
Furnished (except for lounge and microwave and tenant is willing to sell these if wanted)

This turnkey offering presents a unique opportunity to acquire a furnished home or investment property promising a great lifestyle and a lucrative rental potential.

Don't miss your chance to live the lifestyle you deserve, or to purchase your investment in this world-class riverfront precinct! Contact Megan Jones at 0439 941 501 to arrange an inspection, or I look forward to seeing you at the open home on Saturday.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein

Property History for 50705/37b Harbour Rd, Hamilton, QLD 4007

A timeline of how this property has performed in the market
Last Sold
$785,000
24 Jul 2024
  • 24 Jul 2024
    Sold for $785,000
  • 29 Jun 2024
    Listed for Sale For Sale
  • 09 Dec 2014
    Sold for $588,000

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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 6,267 properties. Over the last 5 years, Houses in Hamilton have seen a 58.29% increase in median value, while Units have seen a 50.25% increase. As at 31 July 2024:

  • The median value for Houses in Hamilton is $2,246,189 while the median value for Units is $694,142.
  • Houses have a median rent of $778 while Units have a median rent of $620.
There are currently 52 properties listed for sale, and 28 properties listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 459 properties were sold in the past 12 months in Hamilton.

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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.