231 William StreetAllenstown QLD 4700
Property Details for 231 William St, Allenstown
Last Listing description (May 2023)
956m2 full of potential with 2 massive 2 x 2 units and a shop which is currently a barber shop on the one title
Tenants pay $270 and $230 for the units
Tenant pays $350 for the barber shop currently
Highlighted is its location and central position
Buy now, enjoy the cashflow and perhaps upgrade later
The block is massive with side and rear access easily via the barber shop
Rates approx $6000 per annum
Ideally positioned, the buyers can enjoy sustained capital growth plus the option of upgrading the rents and possibly increasing future capital cash flow for the potential buyer. Please call and investigate this property as it is located in a great position. The units are about 220m2 under roof and the barber shop is 30m2 under roof and has been operating for over half a century.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.
Property History for 231 William St, Allenstown, QLD 4700
- 19 Oct 2023Sold for $525,000
- 20 Jan 2022Listed for Sale Buyers Around $545,000
- 04 Nov 1985Sold for $30,000
Recent sales nearby
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0About Allenstown 4700
The size of Allenstown is approximately 2.2 square kilometres. There are 6 parks, covering nearly 7.7% of the total area. The population of Allenstown in 2016 was 2790 people. By 2021 the population was 2762 showing a population decline of 1.0% in the area during that time. The predominant age group in Allenstown is 10-19 years. Households in Allenstown are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allenstown work in a professional occupation.In 2021, 48.50% of the homes in Allenstown were owner-occupied compared with 48.40% in 2016.
Allenstown has 1,754 properties. Over the last 5 years, Houses in Allenstown have seen a 96.97% increase in median value, while Units have seen a 125.72% increase. As at 30 June 2026:
- The median value for Houses in Allenstown is $613,309 while the median value for Units is $543,859.
- Houses have a median rent of $500 while Units have a median rent of $428.
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