OFF MARKET

7 Malcolm Street
Hawthorne QLD 4171

Bedrooms: 8
Bathrooms: 4
Car spaces: 9
Floor area: 2m2
Land area: 655m2
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Property Details for 7 Malcolm St, Hawthorne

7 Malcolm St, Hawthorne is a 8 bedroom, 4 bathroom Unit with 9 parking spaces. The property has a land size of 655m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Floor Size
2m2
Land Size
655m2
Local Government
Brisbane
Lot/Plan
2/RP64341

Last Listing description (February 2020)

Offering exceptional service to the Hawthorne area, sell with the apartment specialists - Paul Johns Team.

An exceptional offering, this block of four renovated apartments sits on a prime 655m2 position and will appeal to savvy buyers seeking a quality property with strong returns and potential for future growth in one of Hawthorne's best river avenues. Architectural drawings with a preliminary planning assessment for 8 brand new apartments are now available. Buyers can explore their options with a secondary assessment and concept drawings for a townhouse development of five, offering a maximum height to three levels.

All four units are currently tenanted, providing a combined rental income of $1,340 per week or $69,680 per annum, with no body corporate or body corporate fees. Capturing natural light and refreshing breezes from an elevated position, each updated unit has their own unique floor plan and aspect. Adorned with warm tiles and carpet against crisp neutral tones throughout, the floor plan takes advantage of effortless living with seamless transitions from kitchen to lounge zones.

Each unit has access to a common balcony and provides a single lock-up garage. This small boutique complex framed by low maintenance garden, maximises great clearances between near-by boundaries allowing for grassed areas and drying zones.

If you are looking for your next investment with strong rental returns and capital value growth all in one of Brisbane's best inner-city enclaves, opportunities of this calibre don't last long. Located on a very desirable street within the highly sought-after Hawthorne pocket, this residence is close to the popular Hawthorne Garage for gourmet shopping, transport options via bus or ferry with deluxe cinemas and restaurants in abundance. All concept drawings are available upon request.

Property History for 7 Malcolm St, Hawthorne, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$1,435,000
10 Jan 2020
Listed for Rent
$385/w
10 Nov 2016
  • 10 Jan 2020
    Sold for $1,435,000
  • 23 Oct 2019
    Listed for Rent $330 / week
  • 06 Jun 2019
    Listed 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.

    There are currently 5 properties listed for sale, and 3 properties listed for rent in Hawthorne on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Hawthorne.

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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.