7 Flower St, Woolloongabba is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 304m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last transferred in April 2024.
Quietly tucked away within a private sought after street of Woolloongabba, this exceptionally well positioned property presents an exclusive buying opportunity for first home buyers, investors and renovators alike. Occupying a tree-lined 304m2 parcel and spread over a two level layout, its two bedrooms, two bathroom design offers a versatile framework for enhancement.
Featuring high ceilings, large light filled windows and original timber floors, the property has thoughtfully retained the character and charm with vj walls, cornices and detailed architraves. Buyers with a creative eye for modernisation will be enticed at the good size living areas, privately placed bedrooms and the versatile layout of the kitchen. A private lower level granting its own individual access offers buyers the opportunity to live in as is, utilise as a home office or rent out and maximise from competitive rental returns.
Given its central positioning to Logan Road, various Woolloongabba business, cafe and shopping precincts, investors will delight at the close proximity to local bus and train services while the CBD is just a short four minute drive away. An ideal business opportunity or blank canvas property to renovate into a stylish modern design, all buyers seeking key proximity to the CBD and lifestyle conveniences are encouraged to inspect.
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:
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