OFF MARKET

4/48 Vernon Street
Nundah QLD 4012

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 78m2
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Last updated 10 Feb 2025
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Property Details for 4/48 Vernon St, Nundah

4/48 Vernon St, Nundah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 78m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1975
Floor Size
55m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
4/BUP1519

Last Listing description (April 2024)

One-On-One Inspections are available for this property at a time to best suit you and your schedule.

Situated just a short walk to Nundah Village and station this 1974 built apartment block may be just what you are looking for.
Body Corporate costs for this property are $1,760 per year.

Currently leased $290.00 p/week for the last 5 years with tenants who would be willing to stay on this property would ideally suit both investors and home buyers.
The property provides two generous bedrooms combined living dining and secure lock up garage.
If you are looking for a property in an ideal location then this property is definitely worth your time. For the purchaser, the current owners have put forward a once in a lifetime opportunity that is sure to grab your attention.

For approximately $13,000, the current owners are prepared to renovate the apartment; with plans for new paint, flooring, carpets, bathroom and kitchen, the facelift will create the unit's new character while you guide the renovations to your liking. As the purchaser, you will be able to be as involved as you like throughout the whole process. Extras on top include, but are not limited to:

New tapware in kitchen and bathroom
New kitchen sink
New shower screen, towel rack and toilet roll holder in the bathroom.
New lighting throughout
New power points/outlets
New curtains or blinds
New custom wardrobes in both bedrooms
New custom linen cupboard

To view examples of the builder's style of work and decide if this is the right move for you, please view the links below:

https://www.realestate.com.au/sold/property-apartment-qld-clayfield-136266426
https://www.realestate.com.au/property/unit-7-3-collins-st-nundah-qld-4012

One-on-One Inspections are available anytime, to best suit you and your schedule. To arrange yours, please contact us.

From all of us at Johnson Real Estate, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.

Property History for 4/48 Vernon St, Nundah, QLD 4012

A timeline of how this property has performed in the market
Last Sold
$310,000
16 Feb 2022
Listed for Rent
$295/w
29 Dec 2016
  • 16 Feb 2022
    Sold for $310,000
  • 23 Sep 2021
    Listed for Sale $310,000
  • 22 Dec 2016
    Listed for Rent - Price not available
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About Nundah 4012

The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2011 was 10,386 people. By 2016 the population was 12,150 showing a population growth of 17.0% in the area during that time. The predominant age group in Nundah is 20-29 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation. In 2011, 43.8% of the homes in Nundah were owner-occupied compared with 40% in 2016.

Nundah has 8,328 properties. Over the last 5 years, Houses in Nundah have seen a 56.47% increase in median value, while Units have seen a 85.24% increase. As at 31 January 2025:

  • The median value for Houses in Nundah is $1,127,980 while the median value for Units is $682,491.
  • Houses have a median rent of $600 while Units have a median rent of $563.
There are currently 39 properties listed for sale, and 27 properties listed for rent in Nundah on OnTheHouse. According to CoreLogic's data, 529 properties were sold in the past 12 months in Nundah.

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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.