4/240 Ipswich RoadWoolloongabba QLD 4102
Property Details for 4/240 Ipswich Rd, Woolloongabba
4/240 Ipswich Rd, Woolloongabba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Woolloongabba in the last 12 months.
Last Listing description (November 2023)
Nestled in the heart of Woolloongabba at 4/240 Ipswich Rd lies a remarkable investment opportunity waiting to be seized. Situated directly opposite the PA hospital, this apartment offers unparalleled convenience for hospital visits, making it an ideal choice for medical professionals, patients, and visitors alike.
This serviced studio apartment boasts a fully equipped kitchen, complete with a gas oven. Each apartment is designed with individual laundry facilities, ensuring utmost convenience for residents. For added peace of mind, the property features secure undercover parking.
With apartments in the complex renting out for a competitive $140 per night, this is a lucrative opportunity for investors looking to capitalize on short-term rentals. Located in the heart of Woolloongabba, this property boasts easy access to local amenities, transport links, and the bustling city life.
Dive into the thriving short-term rental market with this premium property. Whether you're an investor looking for a high-yield asset or simply seeking a central and convenient place to stay during hospital visits, 4/240 Ipswich Rd offers it all.
Don't miss out on this golden opportunity! Contact us today to book a viewing.
Property History for 4/240 Ipswich Rd, Woolloongabba, QLD 4102
- 12 Nov 2023Sold for $205,000
- 29 Sep 2023Listed for Sale Not Disclosed
- 17 Aug 2016Listed for Sale Auction
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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 5,395 properties. Over the last 5 years, Houses in Woolloongabba have seen a 81.41% increase in median value, while Units have seen a 68.02% increase. As at 31 July 2024:
- The median value for Houses in Woolloongabba is $1,363,976 while the median value for Units is $678,295.
- Houses have a median rent of $700 while Units have a median rent of $623.
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