353 Waterworks RoadAshgrove QLD 4060
Property Details for 353 Waterworks Rd, Ashgrove
353 Waterworks Rd, Ashgrove is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 506m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2023)
* Pre-war block of flats
* North-facing from the rear
* Ideal for investors or renovators
* Close to shops, schools and transport
Perfectly positioned in the heart of Ashgrove, this block of flats offers a variety of options for the astute buyer. Offering investors an excellent net return & opportunity to add to their portfolio, this property is sure to impress!
This pre-war property currently consists of three individually metered flats, one two-bedroom flat & two one-bedroom flats. The three flats each have light filled open plan living spaces, kitchens complete with gas cooking, and neat & tidy bathrooms. Two flats have been allocated an undercover car space, the third flat has an allocated off street park, and all flats share a communal laundry.
With some cosmetic updates throughout, these flats would present an ideal investment opportunity for those seeking an addition to their portfolio. As it currently stands, the property also provides the option for the new owner to move into one flat and rent out the remaining two flats.
Championed for its stunning natural surrounds and family-friendly atmosphere, Ashgrove is perfect for those seeking a tranquil lifestyle while remaining close to modern conveniences. A mere 6kms to the Brisbane CBD and moments to modern amenities including cafes, restaurants and shops, everything is at your fingertips. Surrounded by green spaces and family parks as well as a variety of quality schools including Marist Brothers, Mt St Michaels and Ithaca Creek SS, this location is perfect for growing families looking for an active, community-based lifestyle.
With so much to offer the savvy investor or those seeking a project, this incredible opportunity won't last long!
Call today to secure your inspection time.
Property History for 353 Waterworks Rd, Ashgrove, QLD 4060
- 27 Jan 2023Sold for $775,000
- 12 Dec 2022Listed for Sale For Sale
- 26 Jun 2022Listed for Sale $1,058,000
Recent sales nearby
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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 5,673 properties. Over the last 5 years, Houses in Ashgrove have seen a 88.61% increase in median value, while Units have seen a 123.82% increase. As at 31 December 2025:
- The median value for Houses in Ashgrove is $1,954,933 while the median value for Units is $905,736.
- Houses have a median rent of $778 while Units have a median rent of $640.
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