1/10 Park AvenueEast Brisbane QLD 4169
Property Details for 1/10 Park Ave, East Brisbane
1/10 Park Ave, East Brisbane is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. While the property is not currently for sale or for rent, it was last sold in November 2007.
Last Listing description (August 2025)
Unique Resident Management Rights Opportunity
To enquire, please email or call 1300 815 051 and enter code 0299
PLEASE NOTE: This property is ONLY suitable for those who are considering buying a Management Rights business as a resident manager.
This very rare kind of property offers the perfect marriage of the ultimate lifestyle business with the ultimate lifestyle home.
The sprawling, light-filled heart of this unique ground floor residence seems to flow out onto the courtyard and terrace, making it feel more like a house or a resort villa rather than an apartment.
No expense has been spared with the recently completed full renovation that has given the home a new kitchen and two new bathrooms, with a modern, elegant and timeless feel.
After 16 years, the owners will not only miss living in such a prime position with everything at their fingertips, but also the friendly village feel of this small complex of only 28 apartments, most of whom are owner-occupiers.
The generous body corporate remuneration package (indexed each year by the CPI) is guaranteed for the next 22 years. The gross annual revenue of approximately $120K affords the opportunity to outsource much of the work, if the new owners do not wish to work in the business personally.
The owners are looking for the strongest offers around the $1.49M - $1.64M range for the property and separate consideration for the business. They will consider all serious offers in writing.
Inspections are by appointment only, so please request one today to avoid missing out.
Highlights:
2 individual and full size car parks not tandem
Ducted cooling and heating.
Spacious foyer
Fully equipped gym
Huge resort style outdoor area for the number of apartments with shaded grounds
Large swimming pool and spa
Opposite Mowbray Park which has BBQs, childrens playground, Coffee van and other activities from time to time
Rarely need to use a car due to everything being within a short walking distance, including public transport such as the Mowbray Park CityCat terminal.
To enquire, please email or call 1300 815 051 and enter code 0299
Property History for 1/10 Park Ave, East Brisbane, QLD 4169
- 09 Jun 2025Listed for Sale Resident Management Rights
- 13 Aug 2024Listed for Sale Resident Management Rights
- 08 Feb 2008Listed for Sale $1,132,000
Recent sales nearby
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0About East Brisbane 4169
The size of East Brisbane is approximately 2.0 square kilometres. There are 10 parks, covering nearly 8.6% of the total area. The population of East Brisbane in 2016 was 5934 people. By 2021 the population was 6186 showing a population growth of 4.2% in the area during that time. The predominant age group in East Brisbane is 20-29 years. Households in East Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Brisbane work in a professional occupation.In 2021, 42.00% of the homes in East Brisbane were owner-occupied compared with 40.70% in 2016.
East Brisbane has 3,871 properties. Over the last 5 years, Houses in East Brisbane have seen a 44.70% increase in median value, while Units have seen a 107.54% increase. As at 31 July 2026:
- The median value for Houses in East Brisbane is $1,670,617 while the median value for Units is $918,832.
- Houses have a median rent of $850 while Units have a median rent of $650.
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