10 Pear StreetGreenslopes QLD 4120
Property Details for 10 Pear St, Greenslopes
10 Pear St, Greenslopes is a 12 bedroom, 11 bathroom Unit with 3 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (December 2024)
Expression of Interest - Now Closing 3rd of November 2024
A unique development opportunity within the Greenslopes area offering a substantial holding income at around $150,020 p/a with potential for uplift. Ideal for any investor seeking out a diverse investment as an exceptional edition to the property portfolio.
Two lots on one title with 810m2 of land and a 20m street frontage. Zoned Low medium density residential allow a mix of options for redevelopment. Currently comprising of 9x leased flats all with long term tenants and historically low vacancy rates, individually metered for electricity and NBN.
There is also an additional flat (total x10) which the owners use as a storage room, only further enhancing the overall yield potential this site has to offer.
? Double block, Zoned LMR
? 810m2 block with 20m street frontage and two lots on one title
? 10x 1bed & 2bed flats (9x currently leased and 1x as storage)
? Annual return of around $150,020 p/a or $2,885 per week. (Approx)
? Located in trendy, high-growth suburb with booming rental market
? Close to Greenslopes Busway, parks, public and private hospitals, plus Stones Corner and Annerley Shopping Precincts.
Just 5km from the CBD or only a few minutes' walk to the Greenslopes Bus way with both in bound and out bound access. Plenty of local amenity options including the Greenslopes Mall, Hospitals, parks, bike ways, Schools, and stones corner precincts, while also offering quick and easy access to the South-East Freeway.
Unit 1 - 2bed 1bath - Rent $340 p/w - Lease April 2025
Unit 2 - 1bed 1bath - Rent $325 p/w - Lease Feb 2025
Unit 3 - 2bed 2bath - Rent $340 p/w - Lease April 2025
Unit 4 - 1bed 1bath - Rent $320 p/w - Lease March 2025
Unit 5 - 1bed 1bath - Rent $315 p/w - Lease August 2025
Unit 6 - 1bed 1bath - Rent $310 p/w - Lease March 2025
Unit 7 - 1bed 1bath - Rent $325 p/w - Lease Feb 2025
Unit 8 - 1bed 1bath - Rent $285 p/w - Lease Feb 2025
Unit 9 - 1bed 1bath - Rent $325 p/w - Lease March 2025
TOTAL - $2,885 per week.
? Rates $2,225 -P/Q
? Utilities $2,300 - P/Q
For more information or to book an inspection of the property please call Steve Landeta
Disclaimer: While preparing this information we have used our best endeavors to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
Property History for 10 Pear St, Greenslopes, QLD 4120
- 11 Nov 2024Sold for $2,300,000
- 08 Oct 2024Listed for Sale UNDER OFFER..
- 23 Sep 2020Sold for $1,240,000
Recent sales nearby
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0About Greenslopes 4120
The size of Greenslopes is approximately 2.5 square kilometres. It has 11 parks covering nearly 10.5% of 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 4,773 properties. Over the last 5 years, Houses in Greenslopes have seen a 65.62% increase in median value, while Units have seen a 111.77% increase. As at 31 December 2025:
- The median value for Houses in Greenslopes is $1,387,515 while the median value for Units is $826,123.
- Houses have a median rent of $650 while Units have a median rent of $600.
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