41 Burlington StreetHolland Park QLD 4121
Property Details for 41 Burlington St, Holland Park
41 Burlington St, Holland Park is a 6 bedroom, 5 bathroom House with 7 parking spaces. The property has a land size of 830m2.This Property is currently listed for sale with Ray White Holland Park
Last Listing description (September 2024)
Just 6.5km radius from the CBD, in one of the inner-south's hottest rental zones, is this block of 5 fully-leased units on a huge 830m2 block of land.
With only a few blocks over 800m becoming available in Holland Park each year, the rarity and scale of this property presents an enormous asset on its own. That's before even considering the lucrative current returns of approximately $100,000 per annum, or the huge bonus potential to update, land bank, subdivide, or refresh and make way for an entirely new commodity (STCA).
This is a consistently in-demand low vacancy area, popular with medical practitioners, families, and professionals for its close access to the CBD, Greenslopes and PA hospitals, top-rated schools, and vibrant dining.
That spotlight is only set to boost alongside DA approval for a new Logan Road shopping precinct featuring Woolworths, dining, medical and specialty retail - all within just 5 minutes stroll from here. Adding a sought-after spot in the Holland Park SS and Cavendish Road SHS catchments, it's a future-proof bet with imminent growth potential.
Key Features:
- Lot dimensions 20.4m x 42.2m deep
- Tidy complex with recent roof upgrades (late 2022)
- Shared laundry facilities, individual parking
- Current estimated returns at $100k p.a (approx)
- Low vacancy area, booming with tenants
- 5 min walk from DA approved shopping precinct on Logan Rad
- Among prized Holland Park SS & Cavendish Road SHS catchments
Offers close - 4pm, 19th of September 2024
For more information or a copy of the information memo and expression of interest form, please call Piers Crawford or Steve Landeta on the numbers provided below.
Lease details:
Unit 1 | 2 bed 1 bath 1 car - $420 p/week - Feb 2025
Unit 2 | 1 bed 1 bath 1 car - $360 p/week - Jan 2025
Unit 3 | 1 bed 1 bath 1 car - $360 p/week - Sept 2025
Unit 4 | 1 bed 1 bath 1 car - $365 p/week - Sept 2024
Unit 5 | 1 bed 1 bath 1 car - $400 p/week - Feb 2025
Disclaimer:
While preparing this information we have used our best endeavors to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries to verify the information contained here.
Property History for 41 Burlington St, Holland Park, QLD 4121
- 02 Sep 2024Listed for Sale Undisclosed
- 07 Jul 2020Listed for Rent - Price not available
- 23 Jan 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 3,477 properties. Over the last 5 years, Houses in Holland Park have seen a 89.83% increase in median value, while Units have seen a 83.68% increase. As at 31 July 2024:
- The median value for Houses in Holland Park is $1,377,325 while the median value for Units is $668,847.
- Houses have a median rent of $660 while Units have a median rent of $540.
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