30 Elliott StreetHawthorne QLD 4171
Property Details for 30 Elliott St, Hawthorne
30 Elliott St, Hawthorne is a 12 bedroom, 6 bathroom House with 8 parking spaces. The property has a land size of 812m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (December 2020)
Expressions of Interest Closing Friday 5pm 4th Dec 2020.
A unique offering of a brick constructed complex on 812m2 of prime Hawthorne land. Comprising of 6 two bedroom flats, offering the potential to modernise and further increase investment return.
This could be the jewel in your property portfolio.
Apartment Information as follows (updated rental appraisal):
UNIT 1 - 2 Bed 1 Bath 2 Car $340-360 pw
UNIT 2 - 2 Bed 1 Bath 2 Car $330-350 pw
UNIT 3 - 2 Bed 1 Bath 1 Car $320-340 pw
UNIT 4 - 2 Bed 1 Bath 1 Car $320-340 pw
UNIT 5 - 2 Bed 1 Bath 1 Car $330-350 pw
UNIT 6 - 2 Bed 1 Bath 1 Car $320-340 pw
Projected gross yearly rental income = $101,920 - $108,160 p.a.
FY20 gross income = $98,695.85
As you can see this block of apartments, in this prime blue chip location, presents a wonderful investment opportunity.
This conveniently positioned property is close to all the necessary amenities, Elliott St is situated South of the river in the prestigious suburb of Hawthorne, just 7km from the CBD and nearby to many major infrastructure upgrades including the Gateway Motorway connecting Brisbane to the North & South coastline.
Features Include:
* Quick and easy access to both the City and the Airport
* Property in good condition with limited upkeep
* Minimal spend to further improve rental yield
* Located next to bus stops and close to city cat ferry
* Ideal for land bank or Superfund acquisition
This fantastic property has been owned within the same family since 2001 and is now a surplus to their requirements and will be sold.
Own your own unit block in Brisbane's elite suburb of Hawthorne.
For further information please contact the team for an Information Memorandum.
Property Disclaimer
We have made our best endeavors to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research. The agent will respond within 24 Hours to all inquiries
Property History for 30 Elliott St, Hawthorne, QLD 4171
- 28 Nov 2020Sold for $2,100,000
- 05 Nov 2020Listed for Sale Expressions of Interest Closing 5pm 4th Dec 2020
- 26 May 2011Listed for Rent - Price not available
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About Hawthorne 4171
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 2,484 properties.
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