SOLD
Sold on 06 Aug 2024 for $523,888

1247/58 Hope Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 62m2
Sold By
K&S Property Group
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Property Details for 1247/58 Hope St, South Brisbane

1247/58 Hope St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 62m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
55m2
Land Size
62m2
Local Government
Brisbane
Lot/Plan
1247/SP270608

Last Listing description (July 2024)

This spacious residence presents a rare opportunity to experience luxury living with breathtaking vistas of the tranquil river, setting the stage for an unparalleled lifestyle.

Step inside to discover a stylish and modern living space that seamlessly flows into a well-appointed kitchen featuring top-of-the-line appliances and sleek finishes.

The bedroom is a sanctuary of comfort, providing a peaceful retreat with ample natural light and panoramic river views that will leave you in awe. The highlight of this apartment is the mesmerising river views that can be enjoyed from the expansive windows and private balcony, allowing you to soak in the beauty of the water and surrounding landscape from the comfort of your own home.

Whether you're unwinding after a long day or entertaining guests, the stunning backdrop of the river creates a serene and picturesque setting. Located in the vibrant South Brisbane area, residents of this apartment will have access to a plethora of dining, shopping, and entertainment options right at their doorstep.

Rates: $480 p.q | Water: $200 p.q + usage | Body Corp Levy: $1,400 p.q approx.

Current Rental Appraisal - $600 - $650 per week

Located:
- 3 min drive from the new West Village development, supermarket and selection of speciality retail and dining;
- Just moments from kilometers of riverwalk parkland;
- Within the West End State School and Brisbane State High School catchments, close to Southbank Institute of Technology, QUT & University of Queensland;
- Near well-renowned private education facilities including Somerville House and St Laurence's College;
- A stone's throw from the Southbank precinct, boasting parkland, riverside entertainment, walking and cycle path;
- Within easy access to the CityGlider, CityCat and CityCycle bike hire network, meaning quick and easy access to Brisbane city and beyond.

Brisbane's exciting new development, 'Queen's Wharf Brisbane', will be mere walking distance from your front door as the foot bridge currently being constructed will take pedestrians directly from South Bank across to the new entertainment precinct.

Situated on the 27th floor, the rooftop terrace has spectacular city views, along with being equipped with a BBQ, pizza oven & full-size kitchen/dining area.

Property History for 1247/58 Hope St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$523,888
06 Aug 2024
  • 06 Aug 2024
    Sold for $523,888
  • 20 May 2024
    Listed for Sale $520,000
  • 03 Aug 2017
    Sold for $498,500

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About South Brisbane 4101

The size of South Brisbane is approximately 2.3 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of South Brisbane in 2011 was 5,416 people. By 2016 the population was 7,179 showing a population growth of 32.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation. In 2011, 32.8% of the homes in South Brisbane were owner-occupied compared with 29.6% in 2016.

South Brisbane has 10,242 properties. Over the last 5 years, Houses in South Brisbane have seen a 55.41% increase in median value, while Units have seen a 47.66% increase. As at 31 October 2024:

  • The median value for Houses in South Brisbane is $1,601,446 while the median value for Units is $717,255.
  • Houses have a median rent of $680 while Units have a median rent of $750.
There are currently 48 properties listed for sale, and 56 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 668 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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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.