OFF MARKET

4/31 Grasspan Street
Zillmere QLD 4034

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 96m2
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Property Details for 4/31 Grasspan St, Zillmere

4/31 Grasspan St, Zillmere is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 96m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2013
Floor Size
83m2
Land Size
96m2
Local Government
Brisbane
Lot/Plan
4/SP250357

Last Listing description (June 2022)

This is an absolute standout opportunity and the time has come to make your offer. The tenant has now moved out, the property is vacant and the seller is wanting this sold.

Located in the emerging Zillmere precinct, which has benefited extensively from the Chermside Infrastructure upgrades in recent years, sits an excellent opportunity for you to break into the property market as an investor or owner-occupier. The choice is yours!

Only 6 years young the features include:
* Large open plan living, dining & kitchen area that leads to a spacious balcony;
* Well-proportioned kitchen includes stone benchtops & Stainless-Steel appliances;
* Ceramic cooktop with glass splashback, integrated rangehood and dishwasher;
* Large showers in both the Ensuite and Main bathroom, which also has convenient bath;
* Large Air-Conditioning and secure intercom access with convenient carpark;
* NRAS Approved to maximise the investment potential.

The main point of difference with this apartment is its overall size and position on the corner of the building to maximise light and airflow. The apartment was secured by the current owner for its ideal investment potential and the areas strong demand for rental property.

It is ideal for an investor who would like to take full advantage of the NRAS "National Rental Affordability Scheme" given it 'Ticks all of the Investment Boxes'. Of course, it can also be offered as a mainstream investment and these options can be discussed by arranging a private consultation with the sales agent.

Zillmere is a thriving suburb of Brisbane and is located only 14kms from the CBD. It has benefited from significant expansion to the Chermside precinct. With upgraded infrastructure such as the major Bus Terminals and huge expansion of Chermside Shopping Center. This home provides a great opportunity to enjoy the inner-city lifestyle without being hand-cuffed to the CBD. It provides excellent investment and employment opportunities with ease of access to the Royal Brisbane Hospital, Prince Charles and Holy Spirit Northside.

Call or email now for more information on how you can best capitalise on this outstanding opportunity to secure an apartment offering position, potential and strong investment.

Property History for 4/31 Grasspan St, Zillmere, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$280,000
07 May 2021
Listed for Rent
$275/w
15 Sep 2018
  • 07 May 2021
    Sold for $280,000
  • 18 Jun 2019
    Listed for Sale Open to Negotiation
  • 31 Aug 2018
    Listed for Rent $275 / week
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About Zillmere 4034

The size of Zillmere is approximately 3.6 square kilometres. It has 9 parks covering nearly 12.6% of total area. The population of Zillmere in 2011 was 8,106 people. By 2016 the population was 8,951 showing a population growth of 10.4% in the area during that time. The predominant age group in Zillmere is 20-29 years. Households in Zillmere are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Zillmere work in a professional occupation. In 2011, 49.3% of the homes in Zillmere were owner-occupied compared with 42.2% in 2016.

Zillmere has 4,565 properties. Over the last 5 years, Houses in Zillmere have seen a 91.91% increase in median value, while Units have seen a 79.31% increase. As at 30 September 2024:

  • The median value for Houses in Zillmere is $836,769 while the median value for Units is $573,392.
  • Houses have a median rent of $580 while Units have a median rent of $525.
There are currently 21 properties listed for sale, and 16 properties listed for rent in Zillmere on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Zillmere.

Suburb Insights for Zillmere 4034

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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.