15 Watson StreetNewmarket QLD 4051
Property Details for 15 Watson St, Newmarket
15 Watson St, Newmarket is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1952. The property has a land size of 810m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (February 2021)
Located on the high side of prestigious Watson Street, this is the last post war home available providing an extremely rare opportunity to remove the existing home and build new in this landmark location. Enjoy 360 degree views of Brisbane from this impressive 810m2 of prized land over 2 lots. Surrounded by multi-million dollar residences, there is no fear of over capitalising nor of being built out!
The options for the property are endless.
* Take advantage of the large elevated 810m2 site by removing the existing home and building a grand residence.
* Move in and enjoy the 1952 built tidy post war home consisting of four bedrooms, 2 bathrooms with large open plan living, dining, a new kitchen which flows seamlessly to a level rear back yard
*Land bank and enjoy its current rental return of $675 per week till 7th February 2021
The property sits on the high side of Watson Street on the top of Wilston Hill. Build up one more level and you will enjoy prevalent 360 degree views of all of Brisbane with no risk of being built out. Enjoy views of our city skyline, Brisbane river, an eastern aspect over to Moreton Island and western through to Mt Nebo. Perfect for development as all services are on the footpath making this site ideal for construction and drainage with the land sloping to the curb.
The Allotment in Summary;
810m2 set over two lots
Services on the footpath ideal for construction and drainage
Sloping to the curb
Uninterrupted 360 degree views available without fear of being built out
Watson Street is located within the Wilston State School and Kelvin Grove State College catchments and is within walking distance to the Royal Brisbane Hospital, Wilston Village cafe precinct, shops, the train station (four train stops to Central Station), bus stop, parklands and bikeways. Less than 6kms to the CBD and just a short distance to major arterial roads including the ICB, Clem 7 and the Airport Link tunnel.
Opportunities to build new on this hill are rarely available.
This property is marketed for Sale via Expressions of Interest, closing Monday 21st of December at 5pm. To obtain further information or to arrange an inspection, please contact Holly Bowden.
**As this property is being sold without a price, 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 15 Watson St, Newmarket, QLD 4051
- 22 Dec 2020Sold for $2,450,000
- 24 Nov 2020Listed for Sale UNDER CONTRACT
- 01 Jul 2019Listed for Rent - Price not available
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0About Newmarket 4051
The size of Newmarket is approximately 1.7 square kilometres. It has 10 parks covering nearly 9.3% of total area. The population of Newmarket in 2011 was 4,444 people. By 2016 the population was 4,986 showing a population growth of 12.2% in the area during that time. The predominant age group in Newmarket is 20-29 years. Households in Newmarket are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newmarket work in a professional occupation. In 2011, 51.2% of the homes in Newmarket were owner-occupied compared with 46.8% in 2016.
Newmarket has 2,499 properties. Over the last 5 years, Houses in Newmarket have seen a 81.62% increase in median value, while Units have seen a 38.72% increase. As at 31 July 2024:
- The median value for Houses in Newmarket is $1,499,436 while the median value for Units is $603,806.
- Houses have a median rent of $700 while Units have a median rent of $530.
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