Thorpe StreetBalmoral QLD 4171
Property Details for 1-4/14 Thorpe St, Balmoral
1-4/14 Thorpe St, Balmoral is a 6 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 860m2.
Last Listing description (October 2024)
Why you'll love it:
Only 350 metres from one of Brisbane's most popular cafe precincts, in a superb location, is this whole solid brick complex consisting of four units on an 860sqm elevated parcel of land with potential city views. Zoned LMR2, This 1970's complex comes with a current configuration of three, one-bedroom units and one, three-bedroom unit, all with secured garages.
Key features:
- Registered on one title with no strata fees attached, opportunity at its best!
- Investor and developer opportunity within 5kms of Brisbane's CBD
- 860sqm of high land with potential city views and steps to trendy Oxford Street, Bulimba
- Earning potential of $87,000 approx per annum
- Four solid brick units with secured garages
- Configured as 3 x 1-bedroom units and 1 x 3-bedroom unit
- DA (Development approval) and design plans for 4 large townhomes (designs available)
- 350 metres from Oxford Street's plethora of cafes, restaurants, cinemas, medical centre, fitness and retail shops
- Steps to Bulimba State School and Bulimba Library with excellent choices of private or public schools all centrally located
- 1 km walk to the Bulimba CityCat, fabulous parks, riverwalks and golf course
Best suited for:
Investor or Developer looking for an opportunity to build in an awesome position and capitalise on return.
Property History for 1-4/14 Thorpe St, Balmoral, QLD 4171
- 16 Apr 2023Listed for Sale For Sale
Recent sales nearby
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0About Balmoral 4171
The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2016 was 3893 people. By 2021 the population was 4173 showing a population growth of 7.2% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation.In 2021, 63.20% of the homes in Balmoral were owner-occupied compared with 61.30% in 2016.
Balmoral has 2,016 properties. Over the last 5 years, Houses in Balmoral have seen a 61.50% increase in median value, while Units have seen a 95.01% increase. As at 28 February 2026:
- The median value for Houses in Balmoral is $1,973,327 while the median value for Units is $1,046,565.
- Houses have a median rent of $800 while Units have a median rent of $650.
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