2/3 Bridge StreetAshgrove QLD 4060
Property Details for 2/3 Bridge St, Ashgrove
2/3 Bridge St, Ashgrove is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 486m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 5 bedroom House sold in Ashgrove in the last 12 months.
Last Listing description (August 2025)
Discover this exceptional investment opportunity featuring two properties on one title in the heart of Ashgrove. This purpose-built post-war duplex showcases beautiful polished timber floors throughout and offers immediate rental returns with potential for future development, making it perfect for investors seeking both current income and long-term capital growth.
Unit 1 presents a well-designed 2-bedroom layout with southern aspect positioning that ensures pleasant living conditions year-round. The unit features gorgeous polished timber flooring throughout, a full bathroom with stylish diamond-pattern feature tiling, plus separate W.C. for added convenience. The open-plan living and dining area flows seamlessly into a modern white kitchen with excellent storage and bench space, while large windows fill the space with natural light and leafy outlooks. Currently tenanted at $950 per fortnight, this unit provides reliable rental income with an established tenant base.
Unit 2 offers more spacious accommodation with 3 bedrooms and boasts the same stunning polished timber floors throughout. The intelligent floorplan features a separate master bedroom positioned away from the other 2 bedrooms, providing excellent privacy and comfort for tenants. The unit includes its own full bathroom and the charming timber kitchen features classic cabinetry with ample storage and bench space, complemented by the property's characteristic post-war details including decorative ceiling features. Large windows throughout capture beautiful leafy views and flood the spaces with natural light. This unit is currently generating $960 per fortnight in rental income, contributing to a combined fortnightly return of $1,910 or $49,660 annually.
The property sits on a generous 486m block with established gardens featuring mature trees and low-maintenance lawns, providing excellent privacy and a peaceful setting. Additional features include a shared laundry facility on the ground floor and dual garage spaces for secure parking. The prime Ashgrove location is one of its greatest assets, positioned within walking distance of prestigious educational institutions including Marist College and Mt St Michael's College. Residents enjoy easy access to bus routes that provide direct connections to the city, making this an ideal location for families and professionals alike. The area's established reputation and convenient transport links ensure strong ongoing rental demand.
For investors and developers, this property presents unique flexibility. The dual-income stream provides immediate returns while the substantial block and prime location offer potential for future redevelopment into a family home, subject to council approval. The combination of current performance and future potential, enhanced by the property's excellent presentation with beautiful timber floors and well-maintained interiors, makes it a rare find in today's competitive market.
This is an outstanding opportunity to secure a well-positioned duplex in one of Brisbane's most desirable inner-city suburbs. Whether you're an investor seeking immediate returns or a developer looking for future potential, 3 Bridge Street represents exceptional value in the heart of Ashgrove, complete with the charm of post-war architecture and modern conveniences.
Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property History for 2/3 Bridge St, Ashgrove, QLD 4060
- 21 Jul 2025Sold for $1,300,000
- 15 Jul 2025Listed for Sale For Sale
Recent sales nearby
See more recent sales nearby/assets/perm/h6bgcdsd5ii6zgk3cgplnihpdm?signature=a5d5508b5a9ad3b50a7737a5bceba9f35693238881b93521ab38f8310ec7986a){kind=logo}
0/assets/perm/xynlm274yei6tgz4xvs3pczxye?signature=f9eb133cf9743e7ce72b0093ad1daa36df7a210ce1897d274e46db8f42eb6c2d){kind=logo}
0/assets/perm/lwccb2v5wei6njr7v7x3usns5m?signature=fa6b8bbe8e554abcf42311dea0ab887135a52cf64bb0b3581728147a5526660e){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Ashgrove 4060
The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of 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 5,675 properties. Over the last 5 years, Houses in Ashgrove have seen a 86.26% increase in median value, while Units have seen a 108.78% increase. As at 31 October 2025:
- The median value for Houses in Ashgrove is $1,885,230 while the median value for Units is $881,827.
- Houses have a median rent of $790 while Units have a median rent of $625.
Suburb Insights for Ashgrove 4060
Market Insights
Ashgrove Trends for Houses
N/A
N/A
View TrendN/A
N/A
Ashgrove Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
