134 Mein StreetHendra QLD 4011
Property Details for 134 Mein St, Hendra
134 Mein St, Hendra is a 8 bedroom, 7 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 683m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 8 bedroom BlockOfUnits sold in Hendra in the last 12 months.
Last Listing description (August 2024)
134 Mein Street, Hendra, presents a unique opportunity for astute investors. This block of 7 flats, situated on a 683 sqm block of land (two lots), delivers strong rental returns and holds significant potential for future development. The property directly backs onto the iconic Eagle Farm Racetrack, offering sweeping views of this historic landmark. Located just 7 km from the Brisbane CBD, this property is ideally positioned in a blue-chip location.
Key Property Features:
• Location: 134 Mein Street, Hendra
• Land Size: 683 sqm (Two Lots)
• Lot 155: 331 sqm, approximately 10m frontage
• Lot 156: 352 sqm, approximately 10m frontage
• Zoning: CR1 Character Residential
Flats Configuration:
• 6 x 1 Bedroom, 1 Bathroom
• 1 x 2 Bedroom, 1 Bathroom
• Each flat has its own off-street parking space
• Flat 7 is currently unrented and requires a bathroom renovation (previously rented at approximately $300 per week)
Financial Performance:
• Gross Annual Income: Approximately $100,000
• No body corporate fees, non-strata complex
Development Potential:
• Blue-chip location surrounded by multi-million dollar homes
• Directly backs onto Eagle Farm Racetrack, providing iconic views
• North-facing aspect
Auction Details:
• Date: 3rd August
• Time: 2:00 PM
• Venue: On-site (if not sold prior)
Don't miss out on this rare investment and development opportunity in a prime Hendra location. For further information or to arrange a viewing, please contact us today. Secure your future with this outstanding property!
Property History for 134 Mein St, Hendra, QLD 4011
- 03 Aug 2024Sold for $2,600,000
- 03 Jul 2024Listed for Sale Auction, Sat 3rd August, 2024 at 2:00pm | On-Site
- 04 Oct 2016Sold for $1,451,463
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0About Hendra 4011
The size of Hendra is approximately 2.5 square kilometres. It has 5 parks covering nearly 2.7% of total area. The population of Hendra in 2011 was 4,416 people. By 2016 the population was 4,605 showing a population growth of 4.3% in the area during that time. The predominant age group in Hendra is 40-49 years. Households in Hendra are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hendra work in a professional occupation. In 2011, 69.5% of the homes in Hendra were owner-occupied compared with 72.1% in 2016.
Hendra has 2,238 properties. Over the last 5 years, Houses in Hendra have seen a 89.09% increase in median value, while Units have seen a 58.58% increase. As at 30 September 2024:
- The median value for Houses in Hendra is $1,900,763 while the median value for Units is $951,084.
- Houses have a median rent of $900 while Units have a median rent of $575.
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