OFF MARKET

1/22 Redfern Street
Woolloongabba QLD 4102

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 141m2
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Property Details for 1/22 Redfern St, Woolloongabba

1/22 Redfern St, Woolloongabba is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 141m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Land Size
141m2
Local Government
Brisbane
Lot/Plan
1/SP260613

Last Listing description (November 2023)

Nestled in the heart of the vibrant suburb of Woolloongabba, 1/22 Redfern St offers a fantastic opportunity to own a spacious 3-bedroom unit that combines modern living with the potential for personal customization. Situated at the front of a small complex of just four units, this property enjoys both privacy and convenience. Currently, it is a wise investment as it is tenanted until July 28, 2024, generating a rental income of $515 per week.

**Interior Highlights:**
This unit boasts a recently updated interior, ensuring that it meets contemporary living standards. The open-plan living and dining area create an inviting and spacious atmosphere, perfect for both relaxing and entertaining. Natural light floods the living spaces, enhancing the overall ambiance.

The kitchen is a standout feature of this property, with modern appliances, ample storage space, and a sleek design. It is an ideal setting for culinary enthusiasts to create delicious meals.

All three bedrooms are generously sized with 2 rooms equipped with built-in wardrobes, providing plenty of storage options and all equipped with ceiling fans.

The main bathroom has been tastefully renovated and features modern fixtures and fittings, making it a stylish and functional space.

**Outdoor Space:**
The unit includes a private balcony that overlooks the peaceful street, allowing you to enjoy the outdoors from the comfort of your own home. There is also a secure communal yard for kids to enjoy.

**Complex Features:**
Positioned at the front of a small complex of just four units, this property offers a sense of exclusivity and tranquility. The complex is well-maintained, ensuring a pleasant living environment for residents. There is also a secure parking space, providing convenience and peace of mind.

**Investment Potential:**
Currently, this property is tenanted until July 28, 2024, with a rental income of $515 per week, making it an attractive investment opportunity. Buyers can continue to enjoy rental income or choose to make this unit their own home once the tenants' lease ends.

**Location:**
1/22 Redfern St enjoys a prime location in Woolloongabba, one of Brisbane's most sought-after suburbs. Residents benefit from easy access to the CBD, public transport, parks, shopping, and dining options. The famous Gabba Stadium is also just a stone's throw away, perfect for sports enthusiasts.

**In Summary:**
1/22 Redfern St, Woolloongabba, is a spacious and stylish 3-bedroom unit with the potential for personalization. Its recent updates, prime location, and strong rental income make it a valuable addition to any property portfolio or an ideal place to call home. Don't miss this opportunity to secure your piece of Woolloongabba's thriving property market. Contact us today to arrange a viewing and experience the potential of this exceptional property.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 1/22 Redfern St, Woolloongabba, QLD 4102

A timeline of how this property has performed in the market
Last Sold
$607,500
14 Nov 2023
Listed for Rent
$470/w
15 Jan 2022
  • 14 Nov 2023
    Sold for $607,500
  • 06 Sep 2023
    Listed for Sale Offers Over $575,000
  • 22 Dec 2021
    Listed for Rent $470 / week
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About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,407 properties. Over the last 5 years, Houses in Woolloongabba have seen a 70.47% increase in median value, while Units have seen a 71.73% increase. As at 31 October 2024:

  • The median value for Houses in Woolloongabba is $1,319,325 while the median value for Units is $697,799.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 26 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Woolloongabba.

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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.