105 Riding Rd, Hawthorne is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 653m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Located on one of Brisbane's prettiest roads in prestigious Hawthorne, this boutique block of 4 brick flats (2x2 bedroom, 2x1 bedroom) is offered for the first time in 36 years.
The exterior of the property and the full interior of Units 1, 2 & 3 have been newly painted and with a gross rental yield of $63,180.00+, there is still potential to add value and investigate other development options. This special parcel offers a fantastic entry level opportunity into this blue chip area.
The exceptional 4171 address is well connected to the best of Brisbane by bus, train or ferry. It is also handy to Oxford Street, boutique theatres, excellent local schools (both public and private, primary and secondary) and extensive nearby parklands.
Hawthorne is a picturesque suburb which sits in good company with neighbours Bulimba and Balmoral as the jewels of inner eastern Brisbane.
Information Memorandum available upon request.
For inspection details and further information please contact Maryanne Birch on 0418 123 400 or Maryanne@maryannebirch.com.au.
The size of Hawthorne is approximately 1.6 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Hawthorne in 2011 was 4,776 people. By 2016 the population was 4,986 showing a population growth of 4.4% in the area during that time. The predominant age group in Hawthorne is 40-49 years. Households in Hawthorne are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorne work in a professional occupation. In 2011, 57.2% of the homes in Hawthorne were owner-occupied compared with 57.1% in 2016.
Hawthorne has 2,507 properties. Over the last 5 years, Houses in Hawthorne have seen a 76.14% increase in median value, while Units have seen a 72.55% increase. As at 30 September 2024:
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