29 Arnold StreetHolland Park QLD 4121
Property Details for 29 Arnold St, Holland Park
29 Arnold St, Holland Park is a 5 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 604m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom Unit sold in Holland Park in the last 12 months.
Last Listing description (April 2023)
Are you looking for an engaging investment opportunity in the Holland Park area? Look no further than this incredible unit complex for sale! This 602m2 block involves four units: two 2-bedroom apartments, plus two 1-bedrooms. This could also be a fantastic medium-density development site, but of course, any proposed changes would need to be approved by the local council.
Solid construction with cavity brick work, 29 Arnold Street is in excellent condition. With minor investment rental yield could be dramatically increased, especially given the current rental squeeze.
The opportunity consists of:
- 4/29 Arnold tidy one-bedroom unit with built-in robe, one bathroom, combined kitchen and living area. Current return $300 per week, lease ending 4/8/23.
- 3/29 Arnold - tidy one-bedroom unit with built-in robe, one bathroom, combined kitchen and living area. Allocated undercover parking. Current return $260 per week, lease ending 22/07/23.
- 2/29 Arnold two-bedroom unit with built-ins, one bathroom, allocated undercover parking. Current return $305 per week, lease ending 26/07/23.
- 1/29 Arnold - two-bedroom unit with built-ins, one bathroom, allocated undercover parking. Current return $350 per week, lease ending 07/06/23.
Downstairs there is secure parking, communal laundry facilities and storage space.
Current rental return is below the market, a formal rental appraisal is available on request.
Located close to local shopping precincts, including Garden City shopping precinct and public transport, this is an opportunity that should not be missed. If you have been searching for a chance to invest in Holland Park, this could be for you - don't wait. Contact us for more information.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 29 Arnold St, Holland Park, QLD 4121
- 04 Jun 2024Sold for $1,765,000
- 14 Feb 2023Listed for Sale Offers Over $1,500,000
- 15 Jul 2020Listed for Rent - Price not available
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About Holland Park 4121
The size of Holland Park is approximately 3.1 square kilometres. It has 17 parks covering nearly 9.1% of total area. The population of Holland Park in 2011 was 7,848 people. By 2016 the population was 8,116 showing a population growth of 3.4% in the area during that time. The predominant age group in Holland Park is 40-49 years. Households in Holland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Holland Park work in a professional occupation. In 2011, 61.7% of the homes in Holland Park were owner-occupied compared with 61.3% in 2016.
Holland Park has 3,464 properties. Over the last 5 years, Houses in Holland Park have seen a 84.71% increase in median value, while Units have seen a 104.00% increase. As at 31 October 2024:
- The median value for Houses in Holland Park is $1,397,108 while the median value for Units is $743,617.
- Houses have a median rent of $660 while Units have a median rent of $555.
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