67 Hassall StreetCorinda QLD 4075
Property Details for 67 Hassall St, Corinda
67 Hassall St, Corinda is a 10 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 771m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (November 2022)
It is hard to find a good return when it comes to residential real estate, but this cash cow is a rare exception. A dependable brick building, the 1960's 5-pack returns a healthy $69,988.08 - EOFY 21/22. Situated on a 771m2 block zoned LMR, its a soft residential part of town and just a few minutes walk to Corinda Central Shopping hub and train station.
With rents on the rise, this is a rare opportunity to secure an entire block which is bound to enjoy its best capital growth in the next 10 years. Fully occupied and already generating a solid income stream, there is still scope to increase the rental yield and capitalise on the long term re-development opportunity.
Ideally located in a near city suburb, the building consists of 5 x 2 bedroom, 1 bathroom units and covered car accommodation for 5 vehicles.
- 771m2 block with 18m frontage
- 21/22 financial year income - $69,988.08
- Current weekly income - $1430
- Walk to Corinda Central Shops & Corinda train station
- 12km to Brisbane CBD
- Financial year income statement & tenancy schedule available upon request
Sure to excite those looking for a high yielding long-term investment with guaranteed capital growth, this dependable 5-pack is partly updated with huge scope for improvement. On a good size block in a sought after part of town, it’s an opportunity to own your own block or flats in a high demand rental area.
Contact Peter D'Arcy 0411 262 267 for more information.
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 67 Hassall St, Corinda, QLD 4075
- 16 Mar 2023Sold for $1,240,000
- 17 Oct 2022Listed for Sale Auction On Site - Wednesday 9 Nov 5:30pm
- 24 Mar 2020Listed for Rent $250 / year
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About Corinda 4075
The size of Corinda is approximately 3.0 square kilometres. It has 17 parks covering nearly 20.4% of total area. The population of Corinda in 2016 was 5064 people. By 2021 the population was 5555 showing a population growth of 9.7% in the area during that time. The predominant age group in Corinda is 40-49 years. Households in Corinda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corinda work in a professional occupation.In 2021, 68.50% of the homes in Corinda were owner-occupied compared with 67.10% in 2016.
Corinda has 2,422 properties. Over the last 5 years, Houses in Corinda have seen a 77.59% increase in median value, while Units have seen a 103.75% increase. As at 31 March 2026:
- The median value for Houses in Corinda is $1,523,301 while the median value for Units is $815,599.
- Houses have a median rent of $730 while Units have a median rent of $640.
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