82 Raff AvenueHolland Park QLD 4121
Property Details for 82 Raff Ave, Holland Park
82 Raff Ave, Holland Park is a 5 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1950. The property has a land size of 567m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (June 2021)
This rare opportunity, in the heart of Holland Park, offers investors and developers an exciting chance to capitalise on a high growth location.
Currently configured as:
- 3 bedroom, 1 bathroom house at the front
Current rental returns:
Flat 1 (3 bed) - $340 per week
Flat 2 (1 bed) - $260 per week
Flat 3 (1 bed) - $260 per week
TOTAL - $860 per week
The unique nature of 82 Raff Avenue comes with an array of possibilities.
You can (*subject to council approval):
- Retain the property in its current form, sit and forget, with a solid triple income stream.
- Renovate the current dwelling, adding capital improvement and increasing rental yield.
- Extend or redevelop the current dwelling*.
- Knock down and build a family home*.
Unique in nature, unmatched in location, chances like this simply do not present themselves on a regular basis. Don't miss the opportunity, enquire now.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 82 Raff Ave, Holland Park, QLD 4121
- 01 Jun 2021Sold for $980,000
- 12 May 2021Listed for Sale For Sale
- 09 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 3,478 properties. Over the last 5 years, Houses in Holland Park have seen a 83.71% increase in median value, while Units have seen a 110.74% increase. As at 30 November 2024:
- The median value for Houses in Holland Park is $1,405,781 while the median value for Units is $749,446.
- Houses have a median rent of $675 while Units have a median rent of $545.
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