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Sold on 06 Apr 2024 - Price Unavailable

86 Osborne Road
Mitchelton QLD 4053

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 607m2
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Property Details for 86 Osborne Rd, Mitchelton

86 Osborne Rd, Mitchelton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Mitchelton in the last 12 months.

Building Type
House
Land Size
607m2
Local Government
Brisbane
Lot/Plan
432/RP18795

Last Listing description (April 2024)

Lots of potential here - Zoned "Lmr3 Low-Medium Density Residential" and can build up to 3 Storeys (STCA) or simply MOVE IN as your beautiful family home. Sensationally located next to a leafy park and mere minutes to bustling Brookside Shopping Centre and Mitchelton train station, this vacant much-loved highest could be enjoyed or rented out as it is or be given a new lease on life with a thoughtful renovation or a complete restart (STCA).

Highlights:

- Development Zone: Lmr3 Low-Medium Density Residential (Up To 3 Storeys)
- Generous level block with leafy Osborne Road Park to the rear and along one side
- Convenient location near supermarket, specialty stores, eateries, train/bus, local schools
- Existing home: 3 beds, kitchen, living/dining + bathroom; downstairs laundry/double garage
- Lovely original features ripe for renewal including exposed timber floors on the upper level and lots of areas in the ground level as your work shop or home office
- Lots of options for home buyers, renovators, investors, and even home business operators

The versatility of this property is incredible. If you're looking for a place to rent out or move into straight away, there's no reason you can't get the act ready or call the moving van upon settlement, get gear in quickly, and start enjoying the superior serene lifestyle on offer in Mitchelton or reaping the rental return.

Set well back from Osborne Road, the home's upper level offers 2.6m ceiling height, a functional floorplan of three bedrooms set around a central living/dining area with an adjacent updated kitchen and main crisp bathroom. The smoke alarm has been installed and the interior and exterior was re-painted a few years ago. The floors have been stripped of carpet to reveal the home's original timber boards which would look even more amazing with a polish. Downstairs is concreted in line with the area's use as a laundry and double garage.

If you envision this as your own home, you'd make amazing progress simply by polishing the floorboards and maybe adding a big timber deck out back to capture the tree-lined vistas through the adjacent parkland. Imagine the serenity on a sweet summer evening!

The existing house could also be repurposed to accommodate a home business, especially given the exposure to Osborne Road and the off-street parking potential at the front of the property. The upper level is in fairly good nick, but a few improvements to the ground floor could create a thriving, rent-free office space.

Those with big plans might already be mentally drawing up the dream home - and why not (STCA)? This is a substantial block in a sensational, family-friendly area with Brookside Shopping Centre and the train station mere minutes from the front door or a leisurely 15-minute walk to Mitchelton State primary/high schools. Likewise, investors will recognise the property's return potential as a rental - both now and in the future. There could even be lucrative development options to explore (STCA).

Elderly owners are committed to making a sale, so be ready if you want to walk out a winner!

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Chui Yi Chow with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 36 423 223 183 / 21 107 068 020

Property History for 86 Osborne Rd, Mitchelton, QLD 4053

A timeline of how this property has performed in the market
Last Sold
06 Apr 2024
Listed for Rent
$340/w
28 Sep 2017
  • 06 Apr 2024
    Sold for $784,000
  • 16 Feb 2024
    Listed for Sale Under Contract
  • 11 Jul 2017
    Listed for Rent - Price not available
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About Mitchelton 4053

The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2011 was 8,011 people. By 2016 the population was 8,546 showing a population growth of 6.7% in the area during that time. The predominant age group in Mitchelton is 30-39 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation. In 2011, 64.4% of the homes in Mitchelton were owner-occupied compared with 60.7% in 2016.

Mitchelton has 3,953 properties. Over the last 5 years, Houses in Mitchelton have seen a 82.14% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:

  • The median value for Houses in Mitchelton is $1,204,621 while the median value for Units is $687,464.
  • Houses have a median rent of $643 while Units have a median rent of $520.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Mitchelton on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Mitchelton.

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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.