SOLD
Sold on 26 Sep 2023 for $1,230,000

14 Renniks Street
Sunnybank QLD 4109

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 105m2
Land area: 582m2
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Property Details for 14 Renniks St, Sunnybank

14 Renniks St, Sunnybank is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 582m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Sunnybank in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
105m2
Land Size
582m2
Local Government
Brisbane
Lot/Plan
8/RP106504

Last Listing description (October 2023)

Here's a property that might not make the best first impression but is situated in one of the best Sunnybank locations, and has so much to offer a keen renovator, seasoned investor or savvy home builder - you just have to take close look with your 'property potential' cap firmly in place!

When it comes to the right opportunity it's often all about location - well this one certainly ticks the box in that category. Located two minutes' walk to Mains Road and under 5 minutes' to buzzing Market Square it has incredible convenience. On top, you are walking distance to city express bus links, state run schools, train station, tavern, medical specialty centres and private hospital, not to mention a few minutes to Sunnybank Plaza and just down the road from the motorway and Griffith University to name just a few location highlights!

The current solid brick highset has been converted into student-style accommodation with four independent units (two on each level). Each has their own entry point, bedrooms, kitchen, living area and access to a bathroom facility. They are rented out and generate a healthy weekly return.

The block sits on the corner of Boonaree and Renniks Street with 582sqm in total land span and decent frontages. The dual accessibility is a key benefit for future development, be that a brand-new high-quality home to occupy, or a dual-key design or duplex set up. Either way there are heaps of options to consider with this good-size, well-positioned land.

Another possibility is returning this original large house back to it's former orgins with a reconversion and renovation across the two levels to transform it into a fantastic family home of scale and quality. High quality new or renovated homes in this area are in very strong demand and would return on value, with the land alone continuing to improve in value.

Definitely one for experienced builders or project renovators to consider and undertake their own feasibility to discern the true potential on offer. Call now for more details information and to arrange an inspection.

Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 14 Renniks St, Sunnybank, QLD 4109

A timeline of how this property has performed in the market
Last Sold
$1,230,000
26 Sep 2023
Listed for Rent
$370/w
28 Apr 2009
  • 26 Sep 2023
    Sold for $1,230,000
  • 14 Sep 2023
    Listed for Sale Sold Prior To Auction
  • 02 Aug 2011
    Sold for $537,400
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About Sunnybank 4109

The size of Sunnybank is approximately 4.7 square kilometres. It has 18 parks covering nearly 17% of total area. The population of Sunnybank in 2011 was 8,090 people. By 2016 the population was 8,686 showing a population growth of 7.4% in the area during that time. The predominant age group in Sunnybank is 20-29 years. Households in Sunnybank are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunnybank work in a professional occupation. In 2011, 64.3% of the homes in Sunnybank were owner-occupied compared with 60.2% in 2016.

Sunnybank has 3,883 properties.

    There are currently 47 properties listed for sale, and 16 properties listed for rent in Sunnybank on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Sunnybank.

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    Ray White Sunnybank Hills
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    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.