Sold

14 Thorpe Street,
Balmoral 4171, Queensland

6 bedrooms
4 bathrooms
4 car spaces
860m² land size
286m² building size
Block of Units

$2,860,000


Property details

ANOTHER SOLD BY PIERS CRAWFORD!

Nestled just 90 metres from Oxford Street, this elevated 860m2 LMR-zoned site presents a rare investment or development opportunity in one of Bulimba's most sought-after precincts.

Currently returning approximately $95,472 in annual rental income, the property offers immediate holding income with strong future upside.

The property comprises 4 units on one title, including 3 x 1-bed, 1-bath units and 1 x 3-bed, 1-bath unit, complete with 4 garages and additional off-street parking, all positioned on a flood-free block with potential for future development (STCA).

Equally suitable as an investment or development option, with scope to refurbish for higher rental yields or explore future development (STCA).

Located just 5 km from Brisbane CBD, with buses and CityCat nearby, this is a rare opportunity to secure one of the few remaining large development blocks in the Oxford Street precinct.


Disclaimer:
While we have made every effort to ensure the accuracy and truthfulness of the information provided in this advertisement, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are advised to conduct their own inquiries to verify the information presented.

Explore the area


School catchments

  • Bulimba State School Primary Prep-6 Government 0.22km
  • Sts Peter and Paul's School Primary Prep-6 Catholic 0.89km
  • Morningside State School Primary Prep-6 Government 1.5km
  • Lourdes Hill College Combined 5-12 Catholic 2.1km
  • New Farm State School Primary Prep-6 Government 2.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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