SOLD
Sold on 12 Mar 2024 for $641,000

5/22 Lemnos Street
Red Hill QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 120m2
Sold By
Achieve Real Estate
Save

Property Details for 5/22 Lemnos St, Red Hill

5/22 Lemnos St, Red Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 120m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Red Hill in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
74m2
Land Size
120m2
Local Government
Brisbane
Lot/Plan
5/BUP3094

Last Listing description (April 2024)

W E L C O M E to your new lifestyle - where you can be relaxing from your own private balcony to these leafy vistas across Red Hill and Paddington, to Mount Coot-tha and beyond. Or, you could wander around the corner to explore the the stylish bars, restaurants, cafes and antique stores along Paddington's LaTrobe Terrace.

From this brilliant location you're also just a short walk to the Brisbane CBD, University, Suncorp Stadium and the beautiful parks in and around. Here you're positioned on the second level (top floor), in a quiet cul-de-sac street; you'll not only have the best views in the block, but also no sound above you!

Or, buy as a great long-term, low-maintenance investment, which is constantly in strong demand by renters.

Local students attending nearby Queensland University of Technology love this location so close to campus, and the Brisbane CBD is easily accessible via a shortcut through the spectacular Roma Street Parklands. Also, if you need to quickly access the airport, the Airport Link tunnel is just minutes away. It's certainly a sought after and accessible neighbourhood.

Features:

*Approx. 120sqm total unit area (74sqm internal floor; 9.85sqm balcony; 36sqm garage and laundry underneath)

*Renovated kitchen and bathroom

*2 bedrooms - 1 Queen size and 1 Double size - both with built-in wardrobes

*Bedroom 1 with split-system air-con and ceiling fan; Bedroom 2 with ceiling fan

*Renovated bathroom with shower over bath, updated vanity and separate toilet

*Kitchen with dishwasher drawer and electric appliances

*Dining area flows off kitchen

*Living room with split-system air-con and ceiling fan; opens to balcony

*Massive 36sqm 1-car garage with remote door, ample storage space, laundry and door to garden

*In sought-after school catchment area for Ithaca Creek State School and Kelvin Grove State College

*Positioned on level two (top floor) with expansive, lush green vistas from all windows

*Southwest-facing balcony

*One of only eight units in a peaceful and friendly complex

*Positioned in one of Red Hill's quiet cul-de-sac streets

*Natural breezes and fantastic cross-ventilation due to being positioned at the front of the complex

*This unit is being sold with no tenants, as the tenants have just vacated. So you choose: move in or rent it out!

Income:

*This property is appraised at $500 - $525 pw

Outgoings:

*Body Corporate Levies - $975.47 for the quarter (01/02/2024 to 30/04/2024)

*Body Corporate sinking fund (maintenance fund) for the building is $65,975.04 (as at 28/02/2024)

*Brisbane City Council Rates - $480.95 per quarter (01/01/2024 to 30/04/2024)

*Water and Sewerage - $324.82 per quarter (5/10/23 - 03/01/24)

Ready for your Red Hill lifestyle or investment?

Simple: Book your inspection in advance and click 'Get in Touch' to pre-register for an inspection or to let the agent know your preferred inspection time. Please let Nicole Navarro know via email or phone if you can't attend an inspection in person and instead require a live-streamed video inspection. We look forward to meeting you!

Property History for 5/22 Lemnos St, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$641,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $641,000
  • 02 Mar 2024
    Listed for Sale UNDER OFFER
  • 28 Apr 2014
    Sold for $399,000
Sign in to see more transactions

Commute Calculator

About Red Hill 4059

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 2,823 properties.

    There are currently 13 properties listed for sale, and 14 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Red hill.

    Suburb Insights for Red Hill 4059

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    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.