SOLD
Sold on 12 Dec 2023 for $675,000

314/21 Buchanan Street
West End QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 85m2
Sold By
Lindsay Woodland
First National Metro
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Property Details for 314/21 Buchanan St, West End

314/21 Buchanan St, West End is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 85m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in West End in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
72m2
Land Size
85m2
Local Government
Brisbane
Lot/Plan
314/SP259993

Last Listing description (January 2024)

Presenting an amazing opportunity to secure a contemporary two-bedroom apartment at the highly sought-after Vida Apartments in West End, magnificently located on the river with direct access to the cycle, jogging and walking track to Southbank and the CBD, and just a short walk to the vibrant West Village retail, cafe, and restaurant precinct, and Davies Park markets.

Apartment 314 is perfectly situated on the South East corner of Vida on Level 3, with an easterly aspect and private balcony over-looking the beautifully tree-lined street-scape. For investors, this apartment presents an outstanding investment opportunity - currently tenanted until March 2024, and generating $700pw ($36,400pa) in rental income.

This fabulous riverside apartment combines innovative design with functional living and includes a modern kitchen with gas cook top, Miele appliances, and ample storage space; two generous bedrooms with excellent separation; two modern bathrooms - one of which is the ensuite; separate enclosed laundry nook; and secure carparking for one vehicle.

Living at Vida brings diversity home, and a lifestyle as interesting as it is engaging with direct access to the river board-walk for walking, running, cycling, and rowing; access to the outstanding onsite rooftop facilities including pool, BBQ area for entertaining, and gym - not to mention the fabulous river and city views; and a short stroll to the popular West Village retail precinct, Davies Markets, Boundary Street, and an abundant selection of cafes, restaurants, bars, markets, retail shopping, schools, and public transport.

Features of Apartment 314 include:
- Two spacious bedrooms with built-in wardrobes
- Two modern bathrooms (master bedroom with ensuite)
- Contemporary kitchen with stainless-steel benchtops and miele appliances
- Excellent 2.7m high concrete ceilings giving a sense of space and industrial design
- European Oak Timber flooring in living areas and carpeted in both bedrooms
- Excellent living/dining area flowing out to the balcony for entertaining
- Ducted air-conditioning throughout
- A secure undercover car space
- Walking distance to retail shopping, markets, and many dining/cafe/bar options
- Easy access to Southbank and Brisbane CBD
- Located in the popular Brisbane State High and West End State School catchments
- Currently leased until March 2024 and generating $700pw rent income
Vida Building Features include:
- Onsite management
- Rooftop facilities including infinity lap pool, gym and BBQ facilities
- Direct river boardwalk access

Apartment 314 offers contemporary riverside living at its very best, or as a terrific investment opportunity.
Rates: ~$1,800 p/a
Water: ~$1,100 p/a
Body Corporate Levy's: ~$7,500 p/a

For further information or to arrange an inspection, contact Lindsay Woodland now on 0417 797 559 or lindsay.woodland@metrofn.com.au.

Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 314/21 Buchanan St, West End, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$675,000
12 Dec 2023
Listed for Rent
$700/w
14 Feb 2023
  • 12 Dec 2023
    Sold for $675,000
  • 09 Nov 2023
    Listed for Sale Under Contract
  • 14 Feb 2023
    Listed for Rent $700 / week
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About West End 4101

The size of West End is approximately 2.3 square kilometres. It has 4 parks covering nearly 6.7% of total area. The population of West End in 2011 was 8,061 people. By 2016 the population was 9,482 showing a population growth of 17.6% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation. In 2011, 36.9% of the homes in West End were owner-occupied compared with 38.7% in 2016.

West End has 9,148 properties. Over the last 5 years, Houses in West End have seen a 61.33% increase in median value, while Units have seen a 52.05% increase. As at 30 September 2024:

  • The median value for Houses in West End is $1,764,670 while the median value for Units is $811,535.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 48 properties listed for sale, and 45 properties listed for rent in West end on OnTheHouse. According to CoreLogic's data, 526 properties were sold in the past 12 months in West end.

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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.