OFF MARKET

2302/3 Gibbon Street
Woolloongabba QLD 4102

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 105m2
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Last updated 30 Sep 2024
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Property Details for 2302/3 Gibbon St, Woolloongabba

2302/3 Gibbon St, Woolloongabba is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 105m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2016
Floor Size
85m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
2302/SP273830

Last Listing description (August 2023)

PLEASE NOTE THIS APARTMENT IS NOW UNDER CONTRACT, THE OPEN HOME FOR SATURDAY 5 MARCH HAS BEEN CANCELLED.

Situated in the superb Aria designed and built Ivy Terrace Complex is an opportunity not to be missed. These apartments are very tightly held, so it's an exciting opportunity to bring this 103sqm 2 bedroom, 2 bathroom apartment to the market.

North facing and situated on level 3, you get uninterrupted views of the Brisbane skyline from the large and very user friendly balcony. The apartment brings quality design and fittings to suit your lifestyle. With ducted air conditioning throughout, gas cooking, loads of storage plus an MPR, it ticks all the boxes.

The designer kitchen has stone bench tops, gas cook top, dishwasher and loads of cupboard space. The generous living dining area leads to the balcony, with iconic views of the city and the future Olympic Games Stadium. The MPR is situated off the dining area and could even be converted to a third bedroom by fitting bi-fold doors.

The main bedroom has an ensuite, the second a built in study desk and both have walk in wardrobes. There is also a large cupboard/wardrobe in the MPR.

Features at a glance:
Designer kitchen with stone bench tops
Large apartment size with generous size balcony
Resort Style Pool and recreational area including a gymnasium and BBQ area
Retail precinct across the road anchored by Coles
Air conditioning throughout
Could be converted to 3 bedroom
Low Body Corporate
Trendy lane-way eateries in the Eden and Ivy Lane
Close, (200 meters) to the Gabba
Within easy walking distance to all the new fashionable restaurants and boutique shops that are opening in Woolloongabba
Three kilometres to the CBD

With the announcement of the Olympic Games in 2032, the opening of the Cross River Rail in 2024, this is a property with built in capital growth potential.

Currently rented at $580pw until the 1st July, this apartment has great investment potential, and will also suit the most fastidious owner occupier.

I strongly recommend that you call for an appointment to see this apartment and its endless possibilities for yourself.

Property History for 2302/3 Gibbon St, Woolloongabba, QLD 4102

A timeline of how this property has performed in the market
Last Sold
$621,800
07 Mar 2022
Listed for Rent
$580/w
13 Nov 2018
  • 08 Aug 2023
    Listed for Sale Not Disclosed
  • 07 Mar 2022
    Sold for $621,800
  • 26 Feb 2022
    Listed for Sale All offers from $615,000 will be considered
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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 5,400 properties. Over the last 5 years, Houses in Woolloongabba have seen a 75.33% increase in median value, while Units have seen a 69.09% increase. As at 31 August 2024:

  • The median value for Houses in Woolloongabba is $1,311,781 while the median value for Units is $691,681.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 29 properties listed for sale, and 25 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 250 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.