16 Arrow St, Woolloongabba is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 632m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Nestled within a quiet street of Woolloongabba, this charming property sits on a commanding 632sqm corner block with great city views, is full of character and is adorned with original features such as cathedral glass windows, VJ walls and high ceilings. With fantastic bones, this home is waiting for the right person to give it some TLC and is perfect for renovators, first home buyers or savvy investors.
Woolloongabba is expecting significant growth and an increase in development in preparation for the 2032 Olympic Games including the Cross River Rail Project and the Gabba being just 1km away. Now is the time to secure a property in this wonderful location and enjoy a convenient inner city lifestyle for years to come or a great source of income.
*Two separate flats - 2 x 2 bedroom units
Conveniently located within 3.5kms of the Brisbane CBD this home is also within walking distance to public transport, parks and local shops and cafes and a bikeway into the city is just a stone's throw away. It is also a short drive to Buranda Village, PA Hospital, The Gabba and is in the catchment area for Brisbane South State Secondary College and a short stroll to Buranda State Primary School. Genuine buyers or investors will appreciate the great future potential of this property in this unique location
For more information or to arrange a private inspection contact Sam Schmidt.
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 5,400 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:
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