24 Sixth AvenueSandgate QLD 4017
Property Details for 24 Sixth Ave, Sandgate
24 Sixth Ave, Sandgate is a 2 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1930. The property has a land size of 1012m2 and floor size of 408m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (May 2025)
****This property is available and an information memorandum is available for genuine buyers. Please contact Joshua Waters to register for one of the upcoming private inspections.****
Act fast to secure this incredible investment opportunity, which comprises a block of 5 flats positioned within just minutes of the vibrant Sandgate foreshore, shops and transport links.
Situated on a large 1,012sqm block, with its potential for significant value growth and the ability to generate a strong cash flow, this investment promises substantial returns for one lucky buyer. Whether you're looking to hold, improve or explore redevelopment options, this property presents the perfect opportunity to add to your portfolio.
The complex features 5 units (3 x 2 bedroom & 2 x 1 bedroom) all separately leased and provides a total current gross rent of approximately $105,820 per annum with potential for further income enhancement through upcoming lease renewals and cosmetic updates.
Each unit is very neat and tidy and has undergone cosmetic updates to ensure they are very attractive to the rental market. The units are separately metered and feature air-conditioning.
Sandgate is a highly sought-after bayside suburb, offering a relaxed lifestyle with the perfect blend of community spirit and modern convenience. Situated just 200m from the stunning Sandgate foreshore, residents enjoy easy access to waterfront parklands, scenic walking and bike paths, as well as a variety of local cafs and restaurants. The vibrant Sandgate business district is only 150m away, providing all the essential services within arm's reach. Public transport is incredibly accessible, with Sandgate Train Station just a 10-minute walk (700m) away and bus stops at the end of the street. Families will appreciate the proximity to both public and private schools, while commuters benefit from quick access to the M1 for travel to Brisbane City, the Airport, or the Sunshine and Gold Coasts.
Opportunities like this rarely become available and are never on the market for long.
To discuss this opportunity further or to arrange your inspection, please contact JOSHUA WATERS.
Property History for 24 Sixth Ave, Sandgate, QLD 4017
- 06 May 2025Sold for $1,940,000
- 30 Apr 2025Listed for Sale Under Contract
- 26 Nov 2024Listed for Sale Offers Over $1.9m
Recent sales nearby
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About Sandgate 4017
The size of Sandgate is approximately 3.2 square kilometres. There are 12 parks, covering nearly 40.3% of the total area. The population of Sandgate in 2016 was 4909 people. By 2021 the population was 4926 showing a population growth of 0.4% in the area during that time. The predominant age group in Sandgate is 50-59 years. Households in Sandgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandgate work in a professional occupation.In 2021, 63.60% of the homes in Sandgate were owner-occupied compared with 60.90% in 2016.
Sandgate has 2,336 properties. Over the last 5 years, Houses in Sandgate have seen a 74.15% increase in median value, while Units have seen a 64.27% increase. As at 31 May 2026:
- The median value for Houses in Sandgate is $1,484,036 while the median value for Units is $796,261.
- Houses have a median rent of $730 while Units have a median rent of $500.
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