OFF MARKET

53 Macdonald Street
Lota QLD 4179

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 607m2
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Property Details for 53 Macdonald St, Lota

53 Macdonald St, Lota is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1960
Land Size
607m2
Local Government
Brisbane
Lot/Plan
113/RP61720

Last Listing description (January 2022)

This is a rare and exciting opportunity to invest in one of South East Queensland's hot spots. Lota is quickly becoming a sought after lifestyle locations and it is easy to understand why. With so many social activities, sporting organisations, education facilities, transport options, boutiques, cafes and restaurants and magical Moreton Bay all located inside a 2km radius of this property it offers the perfect combination of location and lifestyle.

This exciting piece of real estate offers the astute purchaser a number of options that will flourish well into the future. Currently configured as two immaculate two bedroom units, the property offers you a solid rent return as well as a raise and renovate option or a demolish and rebuild opportunity (subject to council approval).

A short stroll of less than 200m will have you enjoying a wonderful Moreton Bay vista with the yachts sailing by and the Royal Queensland Yacht Squadron is a short walk and the perfect location to entertain your family and friends..

Highly sought-after opportunities like this offering a sizeable block of land, close to the esplanade and walking distance to everything you need do not come along every day.

The possibilities here are exciting and an inspection to fully appreciate what is on offer and a drive around the Bayside enclave is a must!

Close to:
* Lota PCYC: 0.05km
* Inspiration Point: 0.95km
* Royal Esplanade: 0.2km
* Manly Village: 1.4km
* Royal Queensland Yacht Club: 1.0km
* Lota Train Station: 0.35km
* Brisbane CBD: 20km
* Wynnum CBD: 4.2km
* Lota State School: 0.27km
* Wynnum State High School: 2.4km
* St John Vianney's Primary School: 1.5km
* Iona College: 5.0km

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Property History for 53 Macdonald St, Lota, QLD 4179

A timeline of how this property has performed in the market
Last Sold
$938,000
06 Nov 2021
  • 06 Nov 2021
    Sold for $938,000
  • 14 Oct 2021
    Listed for Sale Auction
  • 28 Aug 2001
    Sold for $165,000

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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 1,316 properties. Over the last 5 years, Houses in Lota have seen a 72.67% increase in median value, while Units have seen a 110.13% increase. As at 30 September 2024:

  • The median value for Houses in Lota is $1,142,428 while the median value for Units is $844,258.
  • Houses have a median rent of $700 while Units have a median rent of $425.
There are currently 14 properties listed for sale, and 1 property listed for rent in Lota on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Lota.

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