OFF MARKET

2 Alexander Street
Lota QLD 4179

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 120m2
Land area: 417m2
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Property Details for 2 Alexander St, Lota

2 Alexander St, Lota is a 2 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 417m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1980
Floor Size
120m2
Land Size
417m2
Local Government
Brisbane
Lot/Plan
221/RP33168

Last Listing description (February 2021)

Hot, Hot Value in Front Row Position ...This very neat home in a superb location is proudly presented to the market by your local experienced agents Reno Muscat and Cameron Bastow of Re/Max Advantage.

Water views, parkland picnics, strolls along the quiet Lota Esplanade - this home is all about lifestyle... Time for a real sea change - the more time you spend here... the more you will come to enjoy the feel, lifestyle and spirit of the beautiful and peaceful bayside community of Lota.

Welcome home to this neat and tidy two to three bedroom designed lowset home, presented in lovely condition throughout and well renovated, so that you can just move straight in with nothing to do.

Future opportunities abound to add extra value, by adding an extra level on top, or chance to redevelop the site to take full advantage of the northerly views and breezes across Moreton Bay.

As is, the home has definite value, as it has recently been lovingly renovated throughout offering:

An updated bright and airy kitchen, featuring modern stainless steel appliances, plus dishwasher and loads of under-bench and overhead cabinetry space. The kitchen cabinetry is finished in a gleaming white two-pac finish;

Fully tiled expansive living areas, featuring casement windows, particularly to take full advantage of the views and prevailing breezes;

Two spacious built in bedrooms (main with ensuite) plus the scope to re-instate the third bedroom (the home itself was originally developed as a three bedroom design - so simple to re-instate this third room);

Neutral fresh paint scheme to allow new owners to mix and match furnishings to suit;

Established gardens and fenced in keeping with the style of the dwelling.

The owners have indicated that they are serious about selling, and have priced this property accordingly - it represents excellent value for waterfront location - take a drive up and down the Esplanade, ... compare,... and you will be sure to return to this property for a viewing. But don't wait too long - as you may miss this rare opportunity.

Lota parklands are well known across Brisbane as being one of the most popular picnic spots on the bayside. So you have a wonderful opportunity to share this beautiful green space with friends and relatives on the weekend, plus during the week... it's all yours on your own. Watch the sail boats drift by, enjoy a paddle up the Tingalpa creek, catch a crab for dinner ... it's all here for you and your family to enjoy.

And from a growth point of view, your investment is assured, with this property being at the conservative end of the price scale, for Esplanade location - so your capital value can only continue to grow, along with the proven continued strength of water view properties.

Inspections of 2 Alexander St (corner of Esplanade & Alexander) Lota, can be arranged easily by contacting:

Reno Muscat
Phone 3893 6709
Mobile 0413 754 638
reno.muscat@remaxwm.com.au
wynnumproperty.com.au

Cameron Bastow
Phone 3893 6705
Mobile 0413 093 242
cameron.bastow@remaxwm.com.au
wynnumproperty.com.au

Property History for 2 Alexander St, Lota, QLD 4179

A timeline of how this property has performed in the market
Last Sold
$700,000
30 Mar 2017
Listed for Rent
$510/w
31 May 2016
  • 19 Feb 2021
    Listed for Sale $780,000
  • 08 Sep 2020
    Listed for Sale $780,000
  • 30 Mar 2017
    Sold for $700,000
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About Lota 4179

The size of Lota is approximately 2 square kilometres. It has 12 parks covering nearly 28.1% of total area. The population of Lota in 2011 was 3,254 people. By 2016 the population was 3,248 showing a population decline of 0.2% in the area during that time. The predominant age group in Lota is 40-49 years. Households in Lota are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lota work in a professional occupation. In 2011, 67.9% of the homes in Lota were owner-occupied compared with 71.5% in 2016.

Lota has 1,317 properties. Over the last 5 years, Houses in Lota have seen a 73.31% increase in median value, while Units have seen a 80.12% increase. As at 31 October 2024:

  • The median value for Houses in Lota is $1,139,693 while the median value for Units is $912,269.
  • Houses have a median rent of $700 while Units have a median rent of $425.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Lota on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Lota.

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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.