512/7 Hope StreetSouth Brisbane QLD 4101
Property Details for 512/7 Hope St, South Brisbane
512/7 Hope St, South Brisbane is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 103m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (August 2015)
A fabulous investment opportunity is knocking at your door with this low maintenance, modern, 2 bedroom, 2 bathroom apartment that comes fully furnished. Conveniently located in the absolute heart of Brisbane's educational and entertainment precinct, Southbank Campus Apartments offers safe and secure accommodation for students or owner occupiers with excellent onsite facilities.
Currently renting for $470 per week plus additional $100 per month for carpark income, equating to $493 per week in gross income. The apartment has been fully tenanted since the current owner originally purchased. Ideal for student accommodation but owner-occupied is also permitted.
Why not secure your child s University accommodation and still have an income stream renting out the 2nd room? Walking distance to the City, West End, museums, art galleries and with public transport options aplenty, you will be hard pressed to find a more convenient and affordable location.
The communal facilities of the complex include:
:: Roof top swimming pool with spectacular City views & BBQ area
:: Fully equipped gym
:: Indoor recreational area including table tennis, TV and sofas
:: Coin operated laundry with commercial machines and dryers
:: Visitor car parking spaces
For the student, the apartment is located within walking distance of:
:: Queensland University of Technology (QUT)
:: Southbank Institute of TAFE
:: Queensland Conservatorium of Music (Griffith University)
:: Queensland College of Arts (Griffith University)
:: University of Queensland
:: James Cook University
:: Queensland College of the Arts (Griffith University)
:: Sarina Russo College
:: Brisbane International Academy
:: Office Business Academy
Rates: $305.47/qtr + Water & Sew
Admin: $3150/pa Sink:$1793/pa
Sinking Fund Balance: $309,895
To arrange an inspection, phone Peter D Arcy on 0423 005 563 today!
Property History for 512/7 Hope St, South Brisbane, QLD 4101
- 08 Nov 2016Sold for $411,000
- 16 Sep 2014Listed for Sale $469,000
- 13 Mar 2009Sold for $375,000
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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 10,238 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.
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