27/15 Whitmore Street, Taringa, QLD 4068
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Sold
Sold for $407,000 on Jul 12, 2023
Off Market opportunity - Solid 2bed unit
Just 500m from Taringa Station, 900m from Toowong Village and the soon-to-be-developed Aviary Lifestyle Precinct and just over 2km from The University of Queensland, this solid, top floor apartment is surrounded by parks, great schools, cafes and shopping options
With a northerly aspect, the apartment is light and bright and offers two good-sized bedrooms, both with built-ins, as well as a near-full-length balcony and lock-up garage. Future renovations will only enhance the appeal of the unit and its solid brick construction
Cheap body corporate fees are also complimented by a 20% discount if paid on time, taking the levies south of $2,500 per annum. Leaving owner occupiers with more in their wallet and investors with a much greater return.
The current tenant has resided in the unit since 2008 and has rarely asked for any repairs or additions in that time and has always paid his rent! Set to end at the end of the month the tenant would love to stay on however understands that an owner occupier may purchase the property.
Please see below a breakdown of the fees & figures for the property:
Property: 27/15 Whitmore Street, Taringa
Price: $400,000+
BCC: $431 per quarter
Body Corp: $3,105 per year
-$2,098 Admin
-$1,007 Sinking
Sinking fund: $147,746
Current Lease: $365 p/w till 26/7/24
Rental Appraisal: TBA
Built: Circa 1991
Properties in complex: 28
Size: 75m2 Approx.
Louie Maxwell
Sales Consultant
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L23348287
- Property Type:Unit
- Garages:1
We Know Your Area
R&H Suburb Profile: Taringa
R&H Suburb Summary | Houses |
---|---|
Number of sales | 48 |
Average Price | $1,574,081 |
Median Price | $1,580,000 |
Median Rental Price | $700 p.w. |
Change in Rental Rate (5yr) | 42 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 182 |
Average Price | $707,964 |
Median Price | $630,500 |
Median Rental Price | $595 p.w. |
Change in Rental Rate (5yr) | 61 % |
Median Trend - $1,580,000
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