16 Denman St, Greenslopes is a 7 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Auction Location: On-Site
Featuring a prime position in the Greenslopes shopping and hospital precinct, this complex of four units on an elevated 809sqm presents an excellent investment and development opportunity.
Just metres from transport, Greenslopes Mall and Greenslopes Private Hospital, there is endless potential to redevelop the site and build multiple new residences with city views.* Alternatively, landbank and reap the rewards of this spectacular setting only 7klms from the CBD.
Ideal for investors or your superannuation, these units feature no Body Corporate fees and high returns.
Additional property highlights:
- 4x units featuring varying floor plans with original and updated interiors
- Unit 1 currently leased $270p/wk living area, kitchen, bathroom and two bedrooms
- Unit 2 currently leased $260p/wk living area, kitchen, bathroom and one bedroom
- Unit 3 currently leased $280p/wk living area, kitchen, bathroom and one bedroom
- Unit 4 currently leased $395p/wk living area, kitchen, bathroom with a separate toilet, three bedrooms and an exclusive ground floor rumpus
- The ground floor also includes a common area, storeroom and laundries
- 4x garages, each accommodating up to two vehicles
- Annual Gross Income $62,660 with scope to significantly improve.
Council Rates $1,541.13 per qtr excl. sewer/water
Presenting exceptional lifestyle convenience and a walk-to-everything lifestyle, these units are less than 500m from cafes, Greenslopes Mall and Greenslopes Private Hospital. Serviced by local buses and the SE Busway, you are also just a short walk from Greenslopes State School, Thompson Estate Reserve and Stones Corner Village.
Moments from renowned private schools, including Loreto, Villanova and Our Lady of Mt Carmel, and only 10 minutes to the CBD this property offers outstanding investment and development potential.
*Subject to council approval.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
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:
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