SOLD
Sold on 30 Jul 2024 for $2,010,000

14 Union Street
Taringa QLD 4068

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 918m2
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Property Details for 14 Union St, Taringa

14 Union St, Taringa is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1935. The property has a land size of 918m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom Unit sold in Taringa in the last 12 months.

Building Type
Unit
Year Built
1935
Floor Size
102m2
Land Size
918m2
Local Government
Brisbane
Lot/Plan
41/RP19848

Last Listing description (October 2024)

Discover a tangible investment opportunity with endless potential at 14 Union Street, Taringa. This large duplex Queenslander, set on a generous 918m2 block, is currently generating a solid rental income giving you time to plan your next move. With LMR2 zoning, the future development options are plentiful (subject to council approval), making this a prime prospect for savvy investors or those seeking to restore and renovate a historic property.

Perched on an elevated north-facing parcel, this property boasts a usable flat area to the front and offers a beautiful outlook through to Oakman Park. Traditional features are abundant, with polished floors, VJ walls, ornate archways, and fretwork preserving the charm of yesteryear. The morning sun and breezes enhance the appeal, creating a serene and inviting atmosphere. Each flat comprises two bedrooms, one bathroom, and separate car accommodation, providing ample space and convenience. The substantial storage space under the property adds to the practicality, making it suitable for various uses. The large block and dual occupancy setup offer passive income and potential for further development.

Perfectly positioned, 14 Union Street enjoys all the conveniences of city fringe living. It is within easy reach of Toowong Village, Indooroopilly Shopping Centre, the CBD, and the University of Queensland. The property also benefits from easy access to Brisbane Boys College and multiple transport modes, ensuring connectivity to all essential amenities.

Features include:

Tenanted with fixed leases ($500p/wk each)
Elevated parcel north facing
Traditional features throughout
Useable flat area to the front
Beautiful outlook through to Oakman Park
LMR2 zoning STCA future development options
2 or 3 storey mix - seek planning advice

This rare opportunity is set to attract significant interest. Whether you are an investor looking for a solid return, a developer seeking a new project, or someone with a vision to restore a grand old Queenslander, 14 Union Street, Taringa, offers more options than a Rubik's Cube. Act quickly to secure this versatile property in a highly sought-after location.

ALL INSPECTIONS ARE VIA PRIVATE VIEWINGS ONLY.

If the property is being sold without an advertised price, the website may have filtered the property into a price bracket for website functionality purposes.
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

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Property History for 14 Union St, Taringa, QLD 4068

A timeline of how this property has performed in the market
Last Sold
$2,010,000
30 Jul 2024
Listed for Rent
$440/w
21 Mar 2023
  • 30 Jul 2024
    Sold for $2,010,000
  • 03 Jul 2024
    Listed for Sale For Sale
  • 21 Mar 2023
    Listed for Rent $440 / week
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About Taringa 4068

The size of Taringa is approximately 2.1 square kilometres. It has 10 parks covering nearly 9.1% of total area. The population of Taringa in 2011 was 7,175 people. By 2016 the population was 8,386 showing a population growth of 16.9% in the area during that time. The predominant age group in Taringa is 20-29 years. Households in Taringa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taringa work in a professional occupation. In 2011, 46.1% of the homes in Taringa were owner-occupied compared with 43.6% in 2016.

Taringa has 5,205 properties. Over the last 5 years, Houses in Taringa have seen a 56.69% increase in median value, while Units have seen a 75.21% increase. As at 30 November 2024:

  • The median value for Houses in Taringa is $1,608,706 while the median value for Units is $747,429.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 25 properties listed for sale, and 35 properties listed for rent in Taringa on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Taringa.

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