1-5/32 Ernest St, Greenslopes is a 7 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 809m2.
In-Room Auction
Location: 5/156 Boundary St, West End
Thursday 27th June 2024 @ 11am
ALL OFFERS ENCOURAGED PRIOR TO AUCTION
Welcome to apartment block 32 Ernest Street, Greenslopes! This exceptional block of strata titled units presents a rare opportunity for investors or those seeking a multi-generational living arrangement. With a total of 7 bedrooms, 5 bathrooms, and 5 garage spaces, this property offers an abundance of space and versatility.
Situated on a generous land area of 809 sqm, this block of units boasts a prime location in the sought-after suburb of Greenslopes. The property is conveniently located near a range of amenities including schools, parks, shops, hospitals, and public transport options, ensuring a convenient and comfortable lifestyle for its occupants.
Each unit within this block offers comfortable living spaces, well-appointed kitchens, and ample storage. The bedrooms are generously sized, providing a peaceful retreat for residents.
Unit 1 - 2 Bed 1 Bath 1 Car
Unit 2 - 1 Bed 1 Bath 1 Car
Unit 3 - 1 Bed 1 Bath 1 Car
Unit 4 - 1 Bed 1 Bath 1 Car
Unit 5 - 2 Bed 1 Bath 1 Car
The property's standout feature is its potential for multiple income streams, making it an ideal investment opportunity. Whether you choose to rent out each unit individually or utilize the entire block for future development, the possibilities are endless.
The property will be sold via auction, providing an opportunity for buyers to secure this unique property at a competitive price. Don't miss out on the chance to own this impressive block of units in the highly sought-after Greenslope's location.
For more information or to arrange an inspection contact Michael Nolan or Adam Edwards for more information!
The size of Greenslopes is approximately 2.5 square kilometres. There are 11 parks, covering nearly 10.5% of the total area. The population of Greenslopes in 2016 was 8936 people. By 2021 the population was 7941 showing a population decline of 11.1% in the area during that time. The predominant age group in Greenslopes is 20-29 years. Households in Greenslopes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenslopes work in a professional occupation.In 2021, 45.90% of the homes in Greenslopes were owner-occupied compared with 40.80% in 2016.
Greenslopes has 4,786 properties. Over the last 5 years, Houses in Greenslopes have seen a 57.51% increase in median value, while Units have seen a 116.53% increase. As at 31 May 2026:
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