179 Vulture St, South Brisbane is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 478m2. While the property is not currently for sale or for rent, it was last sold in May 2012.
LOCATION & ENDLESS POSSIBILITY
* ORIGINALLY A ?DUPLEX' - 2 X 3 BEDROOMS, 1 BATHROOM FLATS * PRESENTLY RESORTED TO LARGE 191SQM FAMILY HOME * ZONED MULTI UNIT DWELLING (FLATS) ON 478SQM * MAKES FOR A PROFITABLE INVESTMENT WITH POTENTIAL $46,800 P/A * CENTRAL LOCATION IN BRISBANE STATE HIGH CATCHMENT & PLENTY OF ONSITE PARKING BEAUTIFUL MAINTAINED THIS WEATHER-BOARD ?DUPLEX' IS CURRENTLY A OUTSIZED RENOVATED 5 BEDROOM FAMILY HOME WITH A GROSS FLOOR AREA OF 383SQM UPSTAIRS / DOWN. ORIGINALLY DIVIDED STRAIGHT DOWN THE MIDDLE CONSISTING OF 2 COMPLETE 3 BEDROOM, 1 BATHROOM FLATS WITH SEPARATE LOUNGE / DINING AREAS AND HUGE GARAGES WITH STORAGE DOWN STAIRS (POSSIBLE FURTHER DEVELOPMENT SUBJECT TO BCC). THE CURRENT OWNERS HAVE RENOVATED THE RIGHT SIDE KITCHEN AND CONVERTED THE 3RD BEDROOM INTO A DINING ROOM AND JUST INSTALLED NEW FRONT STAIRS TO BOTH SEPARATE ENTRANCES. SUCH CHARACTER IS PRESERVED WITH HIGH CEILINGS, BEAUTIFUL BAY-WINDOWS, POLISHED FLOOR BOARDS, VJ'S WALLS, PICTURE FRAME RAILS AND WITH INSTALLED DUCTED AIR-CONDITION THROUGHOUT. THIS HOME IS SUPERBLY POSITIONED - DIRECTLY OPPOSITE BRISBANE STATE HIGH, SHORT STROLL TO WEST END, SOUTH BANK PARKLAND, SOUTHBANK TAFE, TRAIN AND BUSWAY. FOR THE INVESTOR - POTENTIAL TO RETURN APPROXIMATELY $46,800 P/A ?AS IS' OR MAKE A FEW CHANGES AND RENT OUT BOTH SIDES SEPARATE FOR A GREATER RETURN. 'PROUDLY MARKETED IN AN EXCLUSIVE JOINT AGENCY WITH JESSICA PATON OF SPACE PROPERTY SOUTH BRISBANE'
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 10,239 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:
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