SOLD
Sold on 27 Mar 2024 for $2,050,000

6 Gledson Street
Zillmere QLD 4034

Bedrooms: 8
Bathrooms: 8
Car spaces: 4
Land area: 607m2
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Property Details for 6 Gledson St, Zillmere

6 Gledson St, Zillmere is a 8 bedroom, 8 bathroom Unit with 4 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 8 bedroom Unit sold in Zillmere in the last 12 months.

Building Type
Unit
Land Size
607m2
Local Government
Brisbane
Lot/Plan
59/RP74443

Last Listing description (August 2024)

Move fast as exceptional investment opportunities like this don't last long!

Built in 2010, this modern complex consists of 4 x 2 bedroom, 2 bathroom units which are all very well presented and have spacious floorplans. The property is located on a quiet inside street in an incredibly convenient position close to everything.

The complex has been built to a high standard with each unit comprising stone benchtops, quality fixtures and fitting, fully tiled floors, and spacious and functional floorplans which make them very attractive and comfortable.

The complex is fully leased to good quality long-term tenants with a current gross rental return of $104,520 per annum.

Unit 1 is located on the ground floor and benefits from a very large outdoor patio and courtyard. This unit has its own private entry, along with direct access from a private and secure adjoining garage.

Units 2, 3 & 4 are located on the first level and are accessed via a secure common stairwell with intercom. These units have large balconies with elevated views to the north (Unit 2) and south (Units 3 & 4).

All units have their own secure single-car garage with remote controlled roller door.

The complex is currently held on one title, however it has been constructed to easily enable the units to be individually strata titled if desired.

The property benefits from an ultra-convenient location within easy reach of every required service and amenity. Taigum Square Shopping Centre is just 750m away and Zillmere Train Station (and adjoining retail precinct) is just 1km away. There are also numerous buses just around the corner which service the CBD and local area. Zillmere is just 13km north of Brisbane's CBD and is just 5 minutes drive from Westfield Chermside Shopping Centre (Queensland's largest shopping Centre) and provides easy access to the Brisbane Airport and Gateway Motorway. The location is also within easy reach of the Geebung/Virginia employment precinct and local parklands and sporting fields.
A summary document of lease profiles, rental income, expenses and market rent analysis can be provided on request.

To discuss this opportunity further or to arrange your inspection, please contract JOSHUA WATERS.

Property History for 6 Gledson St, Zillmere, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$2,050,000
27 Mar 2024
Listed for Rent
$335/w
09 Jun 2016
  • 27 Mar 2024
    Sold for $2,050,000
  • 13 Mar 2024
    Listed for Sale Under Contract
  • 09 Aug 2023
    Listed for Sale For Sale Now
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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 4,568 properties. Over the last 5 years, Houses in Zillmere have seen a 92.19% increase in median value, while Units have seen a 79.69% increase. As at 31 October 2024:

  • The median value for Houses in Zillmere is $849,730 while the median value for Units is $583,561.
  • Houses have a median rent of $583 while Units have a median rent of $525.
There are currently 17 properties listed for sale, and 23 properties listed for rent in Zillmere on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Zillmere.

Suburb Insights for Zillmere 4034

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Contact agent
Joshua Waters
Show contact details
LJ Hooker Aspley | Chermside
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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.