5/40 Park AvenueEast Brisbane QLD 4169
Property Details for 5/40 Park Ave, East Brisbane
5/40 Park Ave, East Brisbane is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 271m2. While the property is not currently for sale or for rent, it was last sold in December 2011.
Last Listing description (February 2012)
EXCLUSIVE RIVERFRONT PENTHOUSE.
FOR A COMPREHENSIVE EBROCHURE, EMAIL DARREN@KENJACOBS.COM.AU IN A HIGHLY SOUGHT AFTER POSITION IN EAST BRISBANE, THIS BEAUTIFULLY PRESENTED RESIDENCE OFFERS BREATHTAKING RIVER VIEWS AND 588SQM OF INDOOR AND OUTDOOR LIVING OVER TWO LEVELS. SET IN A PRESTIGIOUS BLOCK OF ONLY FIVE APARTMENTS THIS PENTHOUSE IS ONLY 4 KILOMETRES FROM BRISBANE'S CBD AND OFFERS A CONVENIENT INNER CITY LOCATION AND AN ENVIABLE SOPHISTICATED INNER CITY LIFESTYLE. BREATHTAKING PANORAMIC VIEWS SPANNING THE STORY BRIDGE, NEW FARM AND THE BRISBANE RIVER FORM AN AWE-INSPIRING BACKDROP TO THIS LUXURIOUS TWO LEVEL PENTHOUSE. THE INTERIOR FINISHES ARE OF THE HIGHEST STANDARD AND A SEAMLESS OPEN PLAN LIVING AND DINING AREA INTEGRATE OUTDOOR LIVING WITH BI-FOLD DOORS OPENING ONTO A FULL LENGTH BALCONY. WITH WONDERFUL SPACE FOR FORMAL AS WELL AS INFORMAL ENTERTAINING ON BOTH LEVELS THE EXCLUSIVE ROOF TOP LIVING ROOM AND TERRACE ADDS SIGNIFICANTLY TO THE LIVING SPACE. FEATURES A SPACIOUS SPLIT LEVEL TERRACE WITH A MEDIA OR LIVING ROOM, PLUS BATHROOM FACILITIES. ACCOMMODATION COMPRISES THREE BEDROOMS AND THE MAIN BEDROOM ENJOYING RIVER VIEWS, FEATURES A DRESSING ROOM AND SUMPTUOUS MARBLE ENSUITE WITH DOUBLE VANITY, SPA BATH, SEPARATE SHOWER AND WC. LOCATED ON LEVELS 5 & 6, THIS PENTHOUSE HAS PRIVATE LIFT ACCESS FROM THE SECURE BASEMENT CAR PARK AND IMPRESSIVE STREET LEVEL ENTRANCE LOBBY. EAST BRISBANE IS RIGHT NEXT TO KANGAROO POINT IN A SOUGHT AFTER INNER CITY LOCATION. THE MOWBRAY PARK CITY CAT TERMINAL IN RIGHT ON THE DOORSTEP, SO CONVENIENT FOR CATCHING A FERRY TO ALL POINTS ALONG THE BRISBANE RIVER SUCH AS BULIMBA, NEW FARM AND SOUTHBANK AND IT'S ONLY ONE STOP TO BRISBANE'S CBD. A MULTITUDE OF SHOPPING, DINING AND ENTERTAINMENT OPTIONS ARE EASILY ACCESSIBLE AND NO NEED TO DRIVE ANYWHERE. THE CBD IS A FIVE MINUTE DRIVE ACROSS THE STORY BRIDGE AND THE CLEM 7 TUNNEL ENTRANCE IS ONE MINUTE FROM PARK AVENUE. DETAILS ON THE SUSTAINABILITY DECLARATION FOR THIS PROPERTY CAN BE OBTAINED BY CONTACTING THE AGENT.
Property History for 5/40 Park Ave, East Brisbane, QLD 4169
- 11 Dec 2011Sold for $2,700,000
- 04 Oct 2011Listed for Rent - Price not available
- 01 Oct 2011Listed for Sale BY NEGOTIATION
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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 3,867 properties. Over the last 5 years, Houses in East Brisbane have seen a 55.85% increase in median value, while Units have seen a 94.04% increase. As at 30 June 2026:
- The median value for Houses in East Brisbane is $1,677,613 while the median value for Units is $918,239.
- Houses have a median rent of $850 while Units have a median rent of $650.
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