4/177 Waterworks Road, Ashgrove, QLD 4060 | Townhouse for sale | OnTheHouse
 
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4/177 Waterworks Road
Ashgrove QLD 4060

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
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Boutique Luxury. Single-Level. Near New.

THE STYLE:
Beautifully designed and near new, Unit 4 at BANBA delivers sophisticated single-level living within an exclusive collection of just five residences.
Offering 154m² of internal living, this beautifully considered townhouse combines generous proportions, premium finishes and effortless low-maintenance living. The single-level floorplan features three large bedrooms, including a spacious main with ensuite and built-in wardrobe, while the second bathroom includes a full-size bathtub and integrated laundry.
At the heart of the home, the designer kitchen features premium Miele appliances, including a pyrolytic oven, induction cooktop and dishwasher, complemented by Caesarstone benchtops and soft-close cabinetry.
The open-plan living and dining area flows seamlessly to a covered, secure terrace with a deep planter, creating a private outdoor space for entertaining or relaxing. Quality finishes continue throughout, including Sassafras wood-look luxury vinyl plank flooring with commercial acoustic features, built-in wardrobes and a timeless Dulux Natural White palette.
Set in highly sought-after Ashgrove, BANBA is moments from cafés, shops and public transport, with the Brisbane CBD less than 5km away. This exceptional location offers an enviable inner-city lifestyle, combining convenience with the tranquillity of a tightly held residential neighbourhood, while Brisbane's continued growth towards the 2032 Olympic and Paralympic Games adds further long-term appeal. For investors, the combination of strong rental demand, depreciation benefits associated with a near-new property, and the potential tax advantages of negative gearing as a qualifying new build development (subject to individual circumstances and professional financial advice) may further enhance its appeal.
Perfectly suited to professionals, downsizers or those seeking a stylish lock-and-leave residence, Unit 4 offers the rare combination of architectural sophistication, generous proportions and easy-care living. With its near-new condition, premium inclusions, single-level design and low body corporate fees, this is an outstanding opportunity to secure a quality residence in one of Brisbane's most sought-after inner-city suburbs.
THE FACTS:
* Near-new architectural townhouse in exclusive complex of five
* 154m² internal living | Single-level design
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Property Details for 4/177 Waterworks Rd, Ashgrove

4/177 Waterworks Rd, Ashgrove is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2024. The property has a floor size of 154m2. The place is currently for sale with Fletcher Riley.

Building Type
Townhouse
Year Built
2024
Floor Size
154m2
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About Ashgrove 4060

The size of Ashgrove is approximately 5.9 square kilometres. There are 33 parks, covering nearly 17.2% of the total area. The population of Ashgrove in 2016 was 13039 people. By 2021 the population was 13450 showing a population growth of 3.2% in the area during that time. The predominant age group in Ashgrove is 10-19 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation.In 2021, 71.50% of the homes in Ashgrove were owner-occupied compared with 69.00% in 2016.

Ashgrove has 5,663 properties. Over the last 5 years, Houses in Ashgrove have seen a 56.06% increase in median value, while Units have seen a 112.33% increase. As at 31 July 2026:

  • The median value for Houses in Ashgrove is $2,021,104 while the median value for Units is $968,156.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 6 properties listed for rent in Ashgrove on OnTheHouse. According to Cotality's data, 213 properties were sold in the past 12 months in Ashgrove.

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Sarah Kelly
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Fletcher Riley
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