14 Thorpe StreetBalmoral QLD 4171
Property Details for 14 Thorpe St, Balmoral
14 Thorpe St, Balmoral is a 6 bedroom, 4 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 860m2 and floor size of 320m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (April 2021)
Attention Developers and Investors - 860m2 LMR Block!
An unmistakeably fantastic investment/development opportunity Not to be missed.
Presented to the market for the first time in over 16 years. Seize this very rare opportunity to secure one of the few remaining large development blocks in the Oxford Street precinct.
Currently configured as 4 units on one title. Perfectly positioned only 90 metres from Oxford Street on an elevated flood free site.
Equally suitable as an investment or development option
INVESTMENT
A rock solid investment option perfect for a self-managed super fund or the savvy investor with returns of $60,000 pa. There is also scope to refurbish and reap the rewards of higher rental yields.
DEVELOPMENT
Call your town planner, with 860m2 of LMR zoned land in one of the most sought-after positions, the opportunity for development is unmistakable.
Property features:
- 860m2 block zoned LMR
- Elevated with potential for views
- $60,000 rental income
- 3x 1 bed 1 bathroom units
- 1x 3 bed 1 bathroom units
- 4 garages and plenty of off street parking
Bulimba's popular restaurant and caf precinct, Oxford Street is less than 100 metres from your doorstep. public transport options include buses and Citycat.
Located just 5km's from the CBD the easy transport access and proximity to the city and local amenities ensure that vacancies are minimal.
If you're looking to make your next investment that will provide strong rental yields and capital growth in one of Brisbane's best inner-city postcodes register your interest and get a copy of the information memorandum.
Unit 1 - $360 per week - Lease ends 13/12/2021
Unit 2 - $277 per week - Lease ends 26/07/2021
Unit 3 - $255 per week - Lease ends 10/05/2021
Unit 4 - $265 per week - Lease ends 28/10/2021
TOTAL - $1,157 per week - $60,164 PA
Property History for 14 Thorpe St, Balmoral, QLD 4171
- 08 Dec 2023Sold for $2,110,000
- 25 Feb 2021Sold for $1,355,000
- 02 Feb 2021Listed for Sale Contact Agent
Recent sales nearby
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About 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 2,012 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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