16 Leonard StreetWoolloongabba QLD 4102
Property Details for 16 Leonard St, Woolloongabba
16 Leonard St, Woolloongabba is a 4 bedroom, 2 bathroom Unit. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom Unit sold in Woolloongabba in the last 12 months.
Last Listing description (August 2024)
A dual-key investment with amazing city views and a DA approval in place, positioned perfectly among the limelight of the 2032 Olympic Precinct. This could just be Brisbane's best opportunity to add value and capitalize.
Set on a North-to-rear corner parcel, this property currently comprises 2x self-contained two bedroom flats with individual kitchen, bathroom, garaging and laundry facilities. There's dynamite options here to land bank, live-in and lease, add value to double down on an already lucrative investment, or convert and call it your own (STCA).
Secure a spot among quality homes in the city's most talked-about precinct, and reap the rewards of immediate cashflow with imminent growth while you consult your plans. Buyers should not delay ? this is the first opportunity like this to arise for years, and will be sold on auction day.
- 2x two bedroom flats with individual facilities
- Occupied by tenants (1 x lease until March '25 , 1 x periodic)
- Options to land bank, lease and live-in, convert or add value
- Zoned for flats, DA approved plans
- Secure a spot in the pending Brisbane Olympic limelight zone
- Quiet, wide street with quality renovated homes as neighbours
- In the Buranda Primary school catchment
About 1.2km from the Mighty Gabba, this exciting address is situated a short stroll from Buranda train station and South City Square where entertaining, dining, and specialty services all live under one roof. Between the Antique Precinct, Buranda Village, and Stones Corner the options for dining and boutiques are simply endless, plus there's great schools nearby including Grammar, Somerville, and St Lawrence's. A 20 minute bike ride will deliver you straight into the CBD, and it's got easy access to the PA, Greenslopes, and Mater Hospitals.
Please email Sam Peterffy from Belle Property for an information pack. A current building and pest report is availabke for this property.
Property History for 16 Leonard St, Woolloongabba, QLD 4102
- 07 Sep 2024Sold for $1,250,000
- 15 Aug 2024Listed for Sale Not Disclosed
- 25 Aug 2010Listed for Rent - Price not available
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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 5,502 properties. Over the last 5 years, Houses in Woolloongabba have seen a 41.09% increase in median value, while Units have seen a 73.07% increase. As at 30 November 2024:
- The median value for Houses in Woolloongabba is $1,145,811 while the median value for Units is $696,807.
- Houses have a median rent of $680 while Units have a median rent of $650.
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