111 Grosvenor StreetMorningside QLD 4170
Property Details for 111 Grosvenor St, Morningside
111 Grosvenor St, Morningside is a 6 bedroom, 3 bathroom Unit with 6 parking spaces and was built in 1970. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (June 2021)
Located on a prime 607sqm allotment and boasting an elevated position high on the hill, this complex of three renovated units presents an exceptional investment opportunity.
A high income-producing asset, ideal for investors or superannuation, these units feature no Body Corporate fees and income of $61,776 per year.
Capturing sensational light, breezes and city glimpses, there is potential for future development, or to extend and add a fourth unit to take advantage of the city views.* Alternatively, landbank the site and reap the rewards of this exclusive inner-city setting.
With each unit boasting open living, polished timber floors, updated kitchens, modern bathrooms and two bedrooms, these apartments offer effortless living within walking distance to cafes, restaurants, supermarkets and transport.
Additional property highlights:
- Unit 1: $395 p/week fixed term until 29/07/2021
- Unit 2: $395 p/week fixed term until 04/11/2021
- Unit 3: $398 p/week fixed term until 05/11/2021
- Three renovated units, all boasting open interiors, natural light and cooling breezes
- Air-conditioned living and dining areas adorned with polished timber floors
- Updated kitchens appointed with breakfast bars and stainless steel appliances
- Each unit includes two well-sized bedrooms and a renovated bathroom
- Unit 1 features a private balcony enjoying city and mountain glimpses and suburban vistas
- Unit 3 boasts an exclusive deck capturing city glimpses and views over the communal yard
- Each unit features an exclusive laundry and secure storage room on the ground floor
- A single lock-up garage car space for each unit, plus off-street parking
- Security doors, ceiling fans throughout and air-conditioned living spaces
- Private communal yard and clotheslines located at the rear of the complex
- 600m from Riding Road cafes and 1km to the Hawthorne dining and cinema precinct
- 1.3km to Coles and Woolworths, 2km to Oxford Street and 15 minutes to the CBD
Located in a desirable and elevated inner-city position, these units are within walking distance of bus stops, parks, Morningside Preschool and Morningside State School. Minutes from the cafes and restaurants of Riding Road, and the Hawthorne dining and cinema precinct, residents will also enjoy the ease of access to Oxford Street and the CBD.
*Subject to council approval
Disclaimer
This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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 111 Grosvenor St, Morningside, QLD 4170
- 15 Jun 2021Listed for Sale Auction
- 22 May 2021Sold for $1,390,000
- 28 Apr 2021Listed for Sale Auction
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About Morningside 4170
The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.
Morningside has 6,527 properties. Over the last 5 years, Houses in Morningside have seen a 74.41% increase in median value, while Units have seen a 80.65% increase. As at 28 February 2025:
- The median value for Houses in Morningside is $1,446,365 while the median value for Units is $819,079.
- Houses have a median rent of $703 while Units have a median rent of $650.
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