40/26 Glenrosa Rd, Red Hill is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Townhouse sold in Red Hill in the last 12 months.
Welcome to the forefront of Sovereign Hill, a highly sought-after townhouse community, nestled a short distance from the hustle and bustle of Paddington & CBD.
Residents of this inner-city retreat enjoy beautiful established trees, lagoon style pool, peaceful community and ample off-street visitor parking. Just a stone's throw away from the local cafes and located in the Petrie Terrace State School & Kelvin Grove State College catchment, It can be the idyllic family home.
Upon entry you are greeted with a comfortable ambience, the spacious open plan living, dining and kitchen all connect to a private courtyard offering space for entertaining and relaxing. The master bedroom enjoys double built-in robes, ensuite with bath, air-conditioning, ceiling fan and has direct access to a generous balcony. Surrounded by leafy greenery this is a wonderful hideaway.
This property is ready for some light work which will improve the rental, however, it is not only a wonderful opportunity for smart investors but also suitable for an owner occupier, a perfect opportunity to secure an incredible on-trend home in the heart of Red Hill.
Approx annual outgoings:
Admin Fund: $2,735.85
Sinking Fund: $936.73
The size of Red Hill is approximately 140.9 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Red Hill in 2011 was 5,546 people. By 2016 the population was 5,565 showing a population growth of 0.3% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 50.6% of the homes in Red Hill were owner-occupied compared with 50.5% in 2016.
Red Hill has 2,779 properties. Over the last 5 years, Houses in Red Hill have seen a 74.64% increase in median value, while Units have seen a 44.09% increase. As at 31 October 2024:
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