OFF MARKET

52 Shelley Street
Sunnybank QLD 4109

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 67m2
Land area: 607m2
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Last updated 30 Sep 2024
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Property Details for 52 Shelley St, Sunnybank

52 Shelley St, Sunnybank is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 607m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1980
Floor Size
67m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
10/RP85838

Last Listing description (January 2023)

The chance to secure a rare slice of real estate in one of Sunnybank's best pockets doesn't come around often, especially a property like this solid two-unit dwelling in serene Shelley Street, with excellent investment potential and capital growth.

Reasons to buy:

- Sizable block with 15m street frontage - zoned for a multi-unit dwelling

- Both units are double-brick (to ward off termites) with updated bathrooms
- Currently earning high rental income so, buy and rent out as is or rebuild (STCA)
- Walk to Sunnybank Plaza, Market Square and Sunnybank Specialist Centre
- Short drive to QEII Hospital, Nissan Arena, Griffith University and Pacific Motorway

The block itself is lawned with driveway access to a two-vehicle carport down one side of the boundary.

The existing units both have air conditioning units and carpet throughout their living and sleeping areas. Each offers a light-filled lounge room, kitchen and meals areas, two generous bedrooms and a main bathroom.

The expansive, low maintenance lawns surrounding the current property require nothing more than a regular mow to keep the whole place looking neat and tidy.

At this address you fall inside the catchment for Sunnybank State School, Sunnybank State High, and St Thomas Moore College, all of which are a stroll from either front door. If schooling is elsewhere, you can also walk to the train station and city-bound buses.

If you're after a sound addition to your investment portfolio, this unique property will be hard to beat. The location is unrivalled and the possibilities are boundless!

Property History for 52 Shelley St, Sunnybank, QLD 4109

A timeline of how this property has performed in the market
Last Sold
$895,000
03 Nov 2022
Listed for Rent
$340/w
12 Feb 2015
  • 03 Nov 2022
    Sold for $895,000
  • 10 Oct 2022
    Listed for Sale Under Contract
  • 16 Dec 2014
    Listed for Rent $340 / week
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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 3,891 properties. Over the last 5 years, Houses in Sunnybank have seen a 74.34% increase in median value, while Units have seen a 76.38% increase. As at 30 September 2024:

  • The median value for Houses in Sunnybank is $1,266,103 while the median value for Units is $697,470.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 21 properties listed for rent in Sunnybank on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Sunnybank.

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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.