82 Arthur Tce, Red Hill is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1960. The property has a land size of 607m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
In-Rooms Auction
Location: 5/156 Boundary St, West End
Thursday 14th September 2023 @ 11am
607SQM TRI-UNIT HOUSE 3KM FROM THE CBD
Welcome to 1-3/82 Arthur Terrace, Red Hill. Situated a mere 3km from the CBD within a highly coveted locale, this property rests on a 607sqm block, presenting an ideal opportunity for astute investors and homeowners alike.
Comprising two distinct 1-bedroom apartments at the front and a 2-bedroom plus study cottage at the rear, this property provides a multitude of options for residents or lessees, accommodating diverse preferences. Units 1 and 2 have undergone extensive refurbishment, while the cottage has been updated with new kitchen, flooring, aircon and hot water system with further potential for augmentation and enhancements, promising an avenue to elevate rental returns. All three units are currently rented and will provide the new owner with generous rental returns and long-term capital growth.
Each apartment offers a generously proportioned bedroom with an attached ensuite, coupled with an open-concept kitchen and living area adorned with premium-grade flooring. Notably, Unit 1 features its own private balcony and is equipped with a split-system air conditioning unit. The cottage showcases an expansive primary bedroom and living space, accompanied by a second bedroom, office, kitchen, and access to an expansive private courtyard nestled at the rear of the property. All three residences enjoy the convenience of covered parking spaces as well as additional off-street parking provisions.
The sought-after inner-city setting ensures a constant influx of potential tenants, bolstered by an array of local attractions. Take a brief drive to nearby shopping, entertainment, and dining enclaves such as Caxton St, The Barracks, Rosalie, and Suncorp Stadium or stroll to the Red Hill cinemas. Exceptional public transportation facilitates easy access to the CBD and Southbank, while nearby arterial roads facilitate seamless journeys to key destinations within Brisbane.
Don't miss out on the chance to own this unique property In the exceedingly desirable locale of Red Hill.
For more information or to arrange an inspection contact Michael Nolan or Adam Edwards!
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 2,829 properties. Over the last 5 years, Houses in Red Hill have seen a 76.21% increase in median value, while Units have seen a 43.59% increase. As at 31 August 2024:
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