OFF MARKET

313/60 Park Road
Milton QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Oct 2024
Low
High
Share
Save

Property Details for 313/60 Park Rd, Milton

313/60 Park Rd, Milton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Brisbane

Last Listing description (June 2023)

If you are looking for something similar to this apartment in the same complex, please call 0432 00 33 55.
This is one of the BEST VALUED ONE BEDROOM APARTMENTS in the Inner City. Fantastic Location! Extraordinary Convenience! City Views! This is the perfect getaway home for busy people who want comfort, convenience and lifestyle in a fantastic location that offers so much including great city views (check out the video in this advertisement). This is a no brainer for the smart savvy buyer who wants lifestyle more than anything else. Be quick.

This apartment is ideal for an individual or couple that frequent inner city Brisbane for work or pleasure and want their own place rather than staying at a hotel or friend's place. And when you are not using your apartment, have it rented out on a daily basis by allowing the onsite professional management to rent it out for you. You will be surprised at how much you will save by not paying regular hotel accommodation in the CBD or close by. Join the others who have recently purchased in the Cosmo Apartments for this very reason (to save you money and make life that much more enjoyable). The math is simple. Call or email today to learn more. Please note, you can't use this property as your principal place of residence, however owners have good rights - call the agent for further details. Please also note this complex was not inundated by water from the late February/early March 2022 floods.

ABOUT THE LOCATION
With Roma St Station Precinct upgrade (includes cross-River Rail) and new world class Queen's Wharf Brisbane both under construction, together with the bonus of the Olympic Games being held in Brisbane in 2032 this is a no brainer for the long-term savvy buyer.

- Located on trendy Park Road
- Walk to everything, restaurants, iconic hotels, cafes, bottle shop, shopping areas and cinemas.
- 15 minutes' drive to the Brisbane domestic airport (less to the international airport)
- Brisbane's most acclaimed Chinese restaurant "China Sea - Milton" is a resident in this complex.
- Do you love sports and entertainment - Suncorp Stadium is 1.0 km away
- The Milton Train Station is two streets away (two stops to the city)
- The Milton CityCat Terminal is 150 metres away (one stop to the city, two stops to Southbank parklands, restaurants, museum, performing arts and much more)
- Walk to the City (approx. 2.3 km - 30 min)
- 65-70 minutes' drive south or north to world class beaches
- Do you like walking, running, or cycling - fantastic riverside walkway is just 100 metres away

ABOUT THE APARTMENT
- Stylish 4.5 star one bedroom apartment on the Third Floor (total of 5 Levels)
- 45 sqm of living plus use of the secure car park when the owner stays
- Private balcony with fantastic views of the city
- Free High speed WiFi recently installed
- Rare, free car parking available when owner stays
- Tasteful decor and furnishings
- Self-contained kitchenette
- Washing machine and drier in hideaway in bathroom
- Sold fully furnished
- Airconditioned
- Small gym and large sauna
- Professionally managed by Central Cosmo Apartments if you choose

FINANCIAL INFORMATION ON THIS PROPERTY

The gross revenue for Feb - April 2023 was $10,234. The net revenue for this period after rental management, cleaning, and minor maintenance costs was on average $291 p.w.

Outgoings
Brisbane City Council Rates Approx. $450 per quarter
Qld Urban Utilities (Water). Approx. $290 per quarter
Body Corporate Fees: Admin & Sinking Fund = $7,510.78 per annum (consisting of admin of $5,318.76 and Sinking Fund of $2,192.02)
Building insurance = $294.73 per year.
Balance of Sinking Fund: $396,585 as of 22 Feb 2023.

Want a virtual tour no problems. For further information on this property, please call (0432 00 33 55) or email Jeff Smith.

Show More

Property History for 313/60 Park Rd, Milton, QLD 4064

A timeline of how this property has performed in the market
  • 21 May 2023
    Listed for Sale $269,000
  • 15 Oct 2021
    Listed for Sale Sold in 10 Days for $245K by Jeff Smith

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Milton 4064

The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2011 was 1,987 people. By 2016 the population was 2,289 showing a population growth of 15.2% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation. In 2011, 34.9% of the homes in Milton were owner-occupied compared with 36.3% in 2016.

Milton has 2,795 properties. Over the last 5 years, Houses in Milton have seen a 32.67% increase in median value, while Units have seen a 29.05% increase. As at 30 September 2024:

  • The median value for Houses in Milton is $1,505,035 while the median value for Units is $628,826.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 32 properties listed for sale, and 38 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Milton.

Milton Profile Page

Suburb Insights for Milton 4064

Visit Milton profile page
Market Insights
Milton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Milton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Milton profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED