OFF MARKET

31 Sapsford Street
Northgate QLD 4013

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 667m2
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Property Details for 31 Sapsford St, Northgate

31 Sapsford St, Northgate is a 12 bedroom, 6 bathroom House with 6 parking spaces. The property has a land size of 667m2.

Building Type
House
Land Size
667m2
Local Government
Brisbane
Lot/Plan
1/BUP2483

Last Listing description (March 2024)

On the market for the first time, this strata-titled 6-unit complex presents an excellent investment opportunity in an elevated pocket of Northgate close to transport and amenities.

Owned by the original builder and being sold as a complete block, the property boasts solid 1970s brick construction on a 700sqm corner site.

Fully tenanted, the low-maintenance building comprises 6x 2-bedroom, 1-bathroom, 1-garage units, each featuring functional kitchens, open-plan living and balconies.

Just 18 minutes from the CBD, the building provides an outstanding location close to amenities. Northgate train station is 500m away, and cafes and restaurants are within easy walking distance.

Tenants can travel 1.6km to Nundah Village, featuring Woolworths, medical centres, shopping, dining and weekend markets. Excellent recreation space is also nearby, including parks, playgrounds, Kedron Brook Bikeway and Nudgee Golf Course.

Property features:
+ Strata-titled 6-unit complex built in 1976
+ Solid brick construction on a 702sqm corner block
+ 6x 2-bedroom, 1-bathroom, 1-garage units
+ Open-plan living areas and balconies
+ Functional kitchens and storage
+ Lock-up garages with laundries
+ Low-maintenance building and grounds
+ 500m from Northgate train station
+ 1.6km to Nundah Village with Woolworths
+ 3.7km to Australian Catholic University
+ 10 mins to Nudgee College
+ 18 mins to CBD and 12 mins to Brisbane Airport

Property History for 31 Sapsford St, Northgate, QLD 4013

A timeline of how this property has performed in the market
  • 15 Jan 2024
    Listed for Sale Offers Over $2.5 Million
  • 27 Jul 2023
    Listed for Sale Offers Over $2.5 Million

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About Northgate 4013

The size of Northgate is approximately 3.3 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Northgate in 2011 was 4,304 people. By 2016 the population was 4,553 showing a population growth of 5.8% in the area during that time. The predominant age group in Northgate is 20-29 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation. In 2011, 54.6% of the homes in Northgate were owner-occupied compared with 52.7% in 2016.

Northgate has 2,771 properties. Over the last 5 years, Houses in Northgate have seen a 63.08% increase in median value, while Units have seen a 56.02% increase. As at 31 July 2024:

  • The median value for Houses in Northgate is $1,124,299 while the median value for Units is $623,328.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Northgate.

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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.