411 Enoggera RoadAlderley QLD 4051
Property Details for 411 Enoggera Rd, Alderley
411 Enoggera Rd, Alderley is a 1 bedroom, 1 bathroom Unit with 7 parking spaces. The property has a land size of 1187m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
ACCOMMODATION FACILITY IN ALDERLY - INCOME OF $6,775/wk
Adam Holmes-Barry at King Property Specialists exclusively presents this outstanding Investment Opportunity with Development potential. (STCA)
This accommodation facility is fully occupied, in excellent condition and is seeking new owners who want to capitalise on the growing Brisbane rental market.
FINANCIAL FEATURES
- $352,300/yr Current Gross Income*
- Increase income $70,000+ to match 2023 market rents!
- 33 Rental Incomes paid weekly
- Long term lease structure
- Off-site Management Company in place
- Contact agent for further financial analysis
FINANCIAL UPSIDE
Achieve up to $421,720/yr* gross income by increasing unit rentals to current market rate.
Enquire to receive rental breakdown.
BUILDING FEATURES
- Fully Government Accredited Level 1 Boarding House
- Passed all recent building and fire inspections
- In excellent condition, blockwork and concrete construction
- Built 2009, all common areas painted 2023.
- 16 Bedrooms renovated 2022
- All 8 Bathrooms renovated 2022
- 2 Buildings on site
- 33 Rooms Total (24x Single, 5x Double, 2x Queen Size, 2x Studio Apartments)
- 2 Large Double Kitchens in building
- 100% Occupancy, 6-12 Month Leases, 4 Weeks Bond Held
- Outdoor entertainment space
- 7 On Site Car Parks
- Property comes fully furnished
DEVELOPMENT FEATURES
- 1,187m2 total land size
- 49.7% site cover, 2 storey current dwelling
- 2-3 Storey Development allowed on site (LMR2 zoned)
LOCATION LOCATION LOCATION
Capital Growth in Alderley
2021 30.6%
2022- 12.6%
2023 23.4%
Alderley is an affluent inner-city suburb only 10 minutes from Brisbane CBD. It has experienced exceptional capital growth over the last few years due to the high amount of new residential development in the area and multiple new shopping precincts.
With easy access to multiple train stations and bus stops, your tenants will love this convenient inner city location.
DESTINATION FEATURES
4KM BRISBANE CBD
50m Local Bus Stop
150m Sedgley Park
400m Newmarket State School
400m Alderley Shopping Precinct
530m Alderley Train Station
1.15km Newmarket Shopping Precinct
2.68km QUT University Kelvin Grove
2.9km Victoria Parklands
4kms Suncorp Stadium
4km Brisbane Grammar Schools
*Income based on current fully occupied dwelling
STCA = (Subject to Council Approval)
Please contact Adam for more information and to express your interest.
Disclaimer - All information and suggested investment and development options contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.
Property History for 411 Enoggera Rd, Alderley, QLD 4051
- 18 May 2023Sold for $3,720,000
- 17 Apr 2023Listed for Sale Sold Within 4 Weeks
- 05 May 2021Listed for Sale For Sale: $3,170,000
Recent sales nearby
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0About Alderley 4051
The size of Alderley is approximately 2.5 square kilometres. It has 11 parks covering nearly 26.2% of total area. The population of Alderley in 2016 was 6117 people. By 2021 the population was 6748 showing a population growth of 10.3% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation.In 2021, 57.60% of the homes in Alderley were owner-occupied compared with 56.20% in 2016.
Alderley has 3,736 properties. Over the last 5 years, Houses in Alderley have seen a 73.37% increase in median value, while Units have seen a 115.10% increase. As at 31 March 2026:
- The median value for Houses in Alderley is $1,702,019 while the median value for Units is $908,196.
- Houses have a median rent of $750 while Units have a median rent of $600.
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