38 Julia St, Wavell Heights is a 8 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 496m2.
Auction Location: Onsite. DUE TO THE HIGH LEVEL OF BUYER INTEREST AUCTION IS BROUGHT FORWARD NOW TO THURSDAY 26 AUGUST 2PM ON-SITEAs rare as they come, this fully tenanted complex consisting of separately titled 4 x 2 bedroom, 1 bathroom plus 1 car apartments, realises an annual rental return of $61,620 and is being sold as one combined lot. For the astute investor, this outstanding opportunity has just presented itself to the market and will be in high demand.Timeless, solid as a rock construction of unit blocks such as this are always popular with tenants, offering much larger dimensions and greater storage than most of their modern counterparts. With two apartments per level and secure garaging, the quiet street location is ideal, centrally positioned between the bustling shopping hubs of Nundah Village, Toombul Shopping Centre and Westfield Chermside.Accessed by a flight of stairs, and keeping maintenance expenses low, each apartment is awash with natural light, featuring generous open plan living and dining areas that flow to a tiled east facing balcony that welcomes refreshing afternoon sea breezes. Kitchens boast a gas stove, and three of the four units have received a modern refresh with sleek cabinetry providing plentiful storage, a double door pantry and large fridge space. The two very spacious carpeted bedrooms have built-in wardrobes, and the shared bathroom has a shower over bath combination. Private laundry facilities are located on the ground level within each oversized garage, a separate door leading to the grassed grounds and drying area. The ability to store bicycles, for use along the nearby Kedron Brook Bikeway network, and other necessary items with ease, makes this additional practical storage space a welcome bonus for prospective tenants. Major arterial thoroughfares, including Sandgate Road, Gateway Motorway and the Airport Link Tunnel are nearby for effortless commuting across Brisbane. Northgate and Nundah train stations are within walking or cycling distance and bus stops are located close by.Tenancy information relating to each individual apartment is available upon request.
The size of Wavell Heights is approximately 4.1 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Wavell Heights in 2011 was 9,434 people. By 2016 the population was 9,691 showing a population growth of 2.7% in the area during that time. The predominant age group in Wavell Heights is 40-49 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation. In 2011, 71.4% of the homes in Wavell Heights were owner-occupied compared with 70.6% in 2016.
Wavell Heights has 4,256 properties. Over the last 5 years, Houses in Wavell Heights have seen a 91.78% increase in median value, while Units have seen a 61.53% increase. As at 31 October 2024:
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