OFF MARKET

80 Scott Road
Herston QLD 4006

Bedrooms: 12
Bathrooms: 10
Car spaces: 4
Land area: 820m2
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Property Details for 80 Scott Rd, Herston

80 Scott Rd, Herston is a 12 bedroom, 10 bathroom Unit with 4 parking spaces. The property has a land size of 820m2.

Building Type
Unit
Land Size
820m2
Local Government
Brisbane

Last Listing description (September 2024)

Currently yielding $215,800 per annum, this exceptionally presented duplex represents an extraordinary opportunity for an astute investor or homeowner. Selling as a single entity, this stylish property is an extremely valuable and rare investment opportunity.

This gorgeous duplex is full of traditional charming features, sitting on an elevated block and surrounded by quality homes, this prime location is walking distance to the RBH and all its surrounding facilities, QUT- Queensland University of Technology, Kelvin Grove State College, Ballymore Stadium, and Victoria Park.

Each residence features:

- Six bedrooms, four with an ensuite and kitchenette
- Quality well-appointed kitchen with stone benchtops, two-pack cabinetry and quality appliances
- Generous open plan kitchen, lounge and dining area all open onto a large covered deck
- Separate laundry with ample storage
- A beautiful internal timber staircase
- Timber floors on upper level, carpet and tiled on lower level
- Air conditioning and ceiling fans in all bedrooms
- Security & Flyscreens to all windows and doors
- Side access driveway on both sides to two undercover car parks
- LED downlights throughout plus feature pendant light
- Both properties are individually metered for electricity, water, and internet
- Both houses are fully furnished
- Council rates $1,750 per quarter
- Property fully renovated and completed in 2021

House 1, with the front entrance stairs, has an additional formal lounge with ornate plaster ceilings and cornices, timber floors and a traditional fireplace.

The property has great versatility. Take advantage of the high quality, high yielding 12-bedroom accommodation currently in place. Individual RTA leases on each room. Lease one or both houses separately or make the property into one exceptional home.

Take advantage of the benefits from nearby proposed developments such a Herston Quarter: a 5ha world class public health facility, private hospital, ages care and retirement living, residential accommodation, childcare facilities, Retail and restaurants, Ballymore Stadium upgrade, and Victoria Park redevelopment (a 64ha inner city green space and future Olympic Games venue). Brisbane Live: a new 17,000 seat entertainment complex will soon be constructed and serviced by underground rail and busway will only be a few minutes away and Roma Street.

80 Scott Road offers an outstanding opportunity to obtain a high growth, high yield and high quality asset in the perfect location.

Call today on 07 3356 2000 for more information.

Property History for 80 Scott Rd, Herston, QLD 4006

A timeline of how this property has performed in the market
  • 02 Sep 2024
    Listed for Sale Best Offer Over $3,200,000
  • 17 Jul 2024
    Listed for Sale Best Offer Over $3,200,000
  • 13 Sep 2019
    Listed for Sale $1,080,000

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About Herston 4006

The size of Herston is approximately 1.6 square kilometres. It has 6 parks covering nearly 48.2% of total area. The population of Herston in 2011 was 1,831 people. By 2016 the population was 2,216 showing a population growth of 21.0% in the area during that time. The predominant age group in Herston is 20-29 years. Households in Herston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Herston work in a professional occupation. In 2011, 42.3% of the homes in Herston were owner-occupied compared with 35.5% in 2016.

Herston has 1,128 properties. Over the last 5 years, Houses in Herston have seen a 71.43% increase in median value, while Units have seen a 69.85% increase. As at 31 October 2024:

  • The median value for Houses in Herston is $1,440,173 while the median value for Units is $791,048.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Herston on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Herston.

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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.