1-5/52 Nelson Street, Coorparoo, QLD 4151 | Property Value & History | OnTheHouse
OFF MARKET

1-5/52 Nelson Street
Coorparoo QLD 4151

Bedrooms: 6
Bathrooms: 5
Car spaces: 5
Land area: 809m2
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Property Details for 1-5/52 Nelson St, Coorparoo

1-5/52 Nelson St, Coorparoo is a 6 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 809m2.

Building Type
Unit
Land Size
809m2
Local Government
Brisbane

Last Listing description (November 2023)

Due to the current COVID-19 Pandemic and Australian Government restrictions, we are not conducting any Open Homes at the moment. If you are interested in viewing this property, please visit our Facebook Page - Coronis Coorparoo - to view the virtual walkthrough and then contact our team to book a private inspection. Thank you.

Located in a quiet street and offering an amazing position, this updated and modernized set of Flats is sure to impress. Sitting on 809m2 of LMR2 zoned land and boasting a 20m frontage, this unique opportunity is being offered to the market for the second time in 43 years.

With Coorparoo's amazing location and close proximity to the CBD it is easy to see why the return is so strong offering a $76,440 per year ($1,470pw). For those looking for a solid investment property with great returns or those looking for future development potential with a strong holding income, we have the one you have been looking for.

All five of the flats have been refurbished and renovated in the past six years, with new kitchens and bathrooms. With large open-plan living zones all with stunning polished timber floors as well as all bedrooms being oversized and offering great natural light.

The solid brick and tile construction is low maintenance and in great condition, with five covered car ports under as well as a communal laundry and additional storage.
The breakdown of the complex is:

1 - Two bed, one bath, one car- returning $350pw
2 - One bed, one bath, one car- returning $275pw
3 - One bed, one bath, one car- returning $280pw
4 - One bed, one bath, one car- returning$290pw
5 - One bed, one bath, one car- returning $275pw
Total Return of $1,470 pw

Due to a change is circumstances, this amazing property must be sold! To arrange your private inspection, contact Brad Sissons and his team today.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Five refurbished flats
Generating $76,440 per year ($1,470pw)
809m2 LMR2 zoned land with 20m frontage
Ideal location and convenient position
Future development potential
700m from Coorparoo square

Property History for 1-5/52 Nelson St, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
  • 23 Oct 2019
    Listed for Sale $1,490,000- Neg
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About Coorparoo 4151

The size of Coorparoo is approximately 5.4 square kilometres. There are 31 parks, covering nearly 10.1% of the total area. The population of Coorparoo in 2016 was 16282 people. By 2021 the population was 18132 showing a population growth of 11.4% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation.In 2021, 52.30% of the homes in Coorparoo were owner-occupied compared with 52.10% in 2016.

Coorparoo has 9,951 properties. Over the last 5 years, Houses in Coorparoo have seen a 73.01% increase in median value, while Units have seen a 117.22% increase. As at 30 June 2026:

  • The median value for Houses in Coorparoo is $2,047,098 while the median value for Units is $939,735.
  • Houses have a median rent of $820 while Units have a median rent of $640.
There are currently 37 properties listed for sale, and 20 properties listed for rent in Coorparoo on OnTheHouse. According to Cotality's data, 384 properties were sold in the past 12 months in Coorparoo.

Suburb Insights for Coorparoo 4151

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.