10 Colton StreetHighgate Hill QLD 4101
Property Details for 10 Colton St, Highgate Hill
10 Colton St, Highgate Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (September 2022)
Expressions of Interest - Closing 16th August 2022! Come and inspect this very rare opportunity to buy an un-strata titled whole block of solid brick flats on medium density zoning land, high on the hill in a leafy Highgate Hill position.
The property provides a stable proven cash flow with long term tenants, has great layout and dimensions, plenty of natural light and cross ventilation, and is the perfect blank canvas for a savvy investor to renovate and add value.
Features include:
- Neat and tidy inside with scope for renovation
- Long open plan living areas
- Separate kitchen with plenty of cupboard space
- Main bedroom with built-ins
- North-facing balconies
- Large bathrooms with internal laundry
- Separate toilets
- Currently rented at around $150,000 with scope to increase to $190,000pa with renovation
- Landscaped low maintenance block
The apartment complex is in an attractive position just down from Dornoch Tce. There are luxury apartments being built nearby commanding impressive prices. It is a short walk to bus, Citycat, parkland and popular local restaurants and shops. Its also within the Brisbane State High School catchment.
Buy, maximise, hold! Strata-title and sell off! Investigate development options!
Properties like this dont come up often, be quick.
Property History for 10 Colton St, Highgate Hill, QLD 4101
- 22 Aug 2022Sold for $2,810,000
- 17 Oct 2020Listed for Rent $325 / week
- 24 Oct 2019Listed for Rent $310 / week
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About Highgate Hill 4101
The size of Highgate Hill is approximately 1.3 square kilometres. It has 5 parks covering nearly 1.8% of total area. The population of Highgate Hill in 2011 was 5,823 people. By 2016 the population was 6,225 showing a population growth of 6.9% in the area during that time. The predominant age group in Highgate Hill is 20-29 years. Households in Highgate Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highgate Hill work in a professional occupation. In 2011, 41.3% of the homes in Highgate Hill were owner-occupied compared with 43% in 2016.
Highgate Hill has 3,143 properties. Over the last 5 years, Houses in Highgate Hill have seen a 81.63% increase in median value, while Units have seen a 65.62% increase. As at 31 October 2024:
- The median value for Houses in Highgate Hill is $1,917,849 while the median value for Units is $835,232.
- Houses have a median rent of $650 while Units have a median rent of $550.
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