OFF MARKET

32 Christensen Street
Yeronga QLD 4104

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 911m2
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Last updated 11 Nov 2024
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Property Details for 32 Christensen St, Yeronga

32 Christensen St, Yeronga is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 911m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Land Size
911m2
Local Government
Brisbane
Lot/Plan
1/RP199329

Last Listing description (January 2023)

This solid brick complex of six flats is ideally located in the heart of the Yeronga, set on a level 911sqm block zoned LMR2 with a 20.7m frontage. Just a brief stroll to trains, parks, schools and major shopping amenities. It's been maintained throughout, and all units are presented in great rental condition. Currently fully leased and earning excellent returns. The property offers an outstanding prospect with future-proof investment rewards and represents a value-packed chance to capitalise on a substantial income generating asset earning immediate cashflow. Opportunities include renovating and increasing rent yield, strata titling or as a development site

- 6 x two-bedroom, one-bathroom flats, all with lock up garages
- Fresh & bright interiors feature combined living and dining area

- Fully occupied with leases, strong rental area
- Outstanding growth and rental scope with solid annual returns
- A well-maintained brick building, not strata titled (potential to strata)
- Potential to further update and increase rental yield
- Level LMR2 block with 20.7m frontage development potential
- Level stroll to the train station, shops, school and Yeronga Memorial Park

I will be showing buyers through on Wednesday and Saturday afternoon. Should you wish to inspect please call Dana on 0420 773 717 to book in a an appointment.

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Property History for 32 Christensen St, Yeronga, QLD 4104

A timeline of how this property has performed in the market
Last Sold
$2,500,000
07 Nov 2022
Listed for Rent
$300/w
20 Nov 2009
  • 07 Nov 2022
    Sold for $2,500,000
  • 05 Sep 2022
    Listed for Sale UNDER CONTRACT
  • 15 Jun 2021
    Listed for Rent $330 / week
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About Yeronga 4104

The size of Yeronga is approximately 3.5 square kilometres. It has 13 parks covering nearly 21.8% of total area. The population of Yeronga in 2011 was 5,540 people. By 2016 the population was 6,537 showing a population growth of 18.0% in the area during that time. The predominant age group in Yeronga is 20-29 years. Households in Yeronga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yeronga work in a professional occupation. In 2011, 55.9% of the homes in Yeronga were owner-occupied compared with 53.3% in 2016.

Yeronga has 3,655 properties. Over the last 5 years, Houses in Yeronga have seen a 30.91% increase in median value, while Units have seen a 83.77% increase. As at 31 October 2024:

  • The median value for Houses in Yeronga is $1,460,545 while the median value for Units is $773,612.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 35 properties listed for sale, and 11 properties listed for rent in Yeronga on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Yeronga.

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