36 Olive StreetNundah QLD 4012
Property Details for 36 Olive St, Nundah
36 Olive St, Nundah is a 13 bedroom, 3 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 399m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (August 2025)
This is your chance to secure a prime, inner-city investment, with an almost non-existent vacancy rate! Currently returning approximately $166,140 per annum, this 13 bedroom boarding house in the heart of Nundah is one of the last of 250 within Queensland and has the added potential to return up to $205,140 per annum!
Boasting a history of long term tenants, 36 Olive St, Nundah has accreditation for 17 residents providing the lucky new owners the potential to increase the yearly return by a mammoth $39,000 p/a!
Positioned on a tidy 399m2 corner block, this charming Queenslander provides a versatile addition to your portfolio with the added benefit of street appeal being in one of Nundah's best leafy streets. With a long waiting list of tenants, any investor looking for security and strong returns need look no further.
This premier position provides unparalleled convenience to Nundah Village and local shops/cafes, in addition to walking distances to Boyd Park & Kalinga Park. Within direct catchment to Mary Mackillop College, St Joseph's Catholic Primary School and Nundah State School, 36 Olive St presents a handsome offering to also suit potential homeowners.
Property Highlights:
Well built, solid Queenslander that can be converted back to a family home
Currently returning = $166,140 p/a from 13 units
Potential to add more rooms to achieve new total yearly income = $205,140 p/a
Currently registered as a 13 bedroom boarding house with accreditation for 17 residents
Long term tenants with non-existent vacancy rates due to high wait list & demand for rooms
Only 250 boarding houses left in QLD (previously 400+ only 3 years ago)
No rent arrears as rent is paid directly through Centrepay/Centrelink
Freshly painted exterior
No GST on the property
Low maintenance yard
What you will love:
800m to Nundah Train Station
1km to Nundah Village
3.7km to Westfield Chermside
6.1km to the Brisbane Airport
12km to Brisbane CBD
This highly desirable opportunity is one not to be missed. The fast growing community of Nundah is one of the Northsides' most in-demand suburbs. Whether you're a seasoned investor or curious about adding a substantial property in an exceptional location to your portfolio, reach out today.
For further information or to arrange a private viewing, please contact Claudia Rocha.
Welcome to 36 Olive Street, Nundah.
Property History for 36 Olive St, Nundah, QLD 4012
- 07 Mar 2024Listed for Sale For Sale
- 08 May 2015Sold for $605,000
- 19 Mar 2015Listed for Sale $639,000
Recent sales nearby
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About Nundah 4012
The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2016 was 12141 people. By 2021 the population was 13098 showing a population growth of 7.9% in the area during that time. The predominant age group in Nundah is 30-39 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation.In 2021, 43.00% of the homes in Nundah were owner-occupied compared with 40.00% in 2016.
Nundah has 8,397 properties. Over the last 5 years, Houses in Nundah have seen a 68.97% increase in median value, while Units have seen a 120.06% increase. As at 30 November 2025:
- The median value for Houses in Nundah is $1,339,671 while the median value for Units is $802,687.
- Houses have a median rent of $630 while Units have a median rent of $600.
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