5 Gainsborough StreetMoorooka QLD 4105
Property Details for 5 Gainsborough St, Moorooka
5 Gainsborough St, Moorooka is a 7 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 1311m2.
Last Listing description (October 2022)
Units 1-5 of 88 Gainsborough Street in Moorooka sits on an 809m2 parcel of level Res BR4 and mixed use land, and offers a range of options for one discerning buyer with an opportunity to buy it, hold it and make money from it, like its current owner has for the past 31 years!
Consisting of 5 post-war units in total, this complex has been very tightly held and immaculately maintained by a local investor. The front half of the building is cavity brick, and the rear half constructed in brick veneer maintaining the exterior to be in incredible condition.
The property details:
- 2 x 2 bedroom cavity brick units
- 3 x 1 bedroom brick veneer units
- Car spaces for 5 cars (+ 4 small car tandem spots).
- A large lock up storage room underneath
Highly sought after, but rarely available, this is your opportunity to acquire constant cash flow spread over 5 investments with an attractive rental return in a Brisbane capital growth hotspot.
Sweet dreams are made of these:
- 809m2 of level Res BR4 land
- 5 units in total; year round cash flow
- Separately metred water usage
- Separately metred gas usage
- Separately metred electricity usage
- Internal laundries in all 5 units, plus two communal laundries also
- Under cover parking for all units
- Two hills hoist clotheslines
Discover the secret of inner city living... this block of units at 88 Gainsborough Street sits conveniently within walking distance to Woolworths, public transport hubs and the Moorooka Shopping Precinct, with Moorooka State School and St Brendan's Primary only a few moments’ walk away.
Potential plus, with an immediate cash flow... units 1-5 of 88 Gainsborough Street are sure to tick all your boxes. Contact Brock Ward or Nick Bowen to arrange an inspection.
Property History for 5 Gainsborough St, Moorooka, QLD 4105
- 31 Jul 2020Listed for Sale Offers Over $1,480,000
Recent sales nearby
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About Moorooka 4105
The size of Moorooka is approximately 4.1 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Moorooka in 2016 was 10368 people. By 2021 the population was 10783 showing a population growth of 4.0% in the area during that time. The predominant age group in Moorooka is 30-39 years. Households in Moorooka are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorooka work in a professional occupation.In 2021, 57.40% of the homes in Moorooka were owner-occupied compared with 56.30% in 2016.
Moorooka has 5,662 properties. Over the last 5 years, Houses in Moorooka have seen a 95.51% increase in median value, while Units have seen a 110.10% increase. As at 31 December 2025:
- The median value for Houses in Moorooka is $1,379,872 while the median value for Units is $764,318.
- Houses have a median rent of $650 while Units have a median rent of $600.
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