40 Bute StreetSherwood QLD 4075
Property Details for 40 Bute St, Sherwood
40 Bute St, Sherwood is a 4 bedroom, 4 bathroom Unit with 8 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 4 bedroom Unit sold in Sherwood in the last 12 months.
Last Listing description (September 2025)
An incredibly rare investment opportunity has arisen in the heart of Sherwood, offering a unique chance for the savvy investor to secure a block of four units on a generous 607sqm lot with a 19.5m frontage. Built in the 70s and kept as one title with no strata, this exceptional investment is set to be sold, making it a must-see for those seeking future growth and potential in Brisbane's evolving market.
Comprising four well-appointed one bedroom units, each with one bathroom and two carparks- this investment boasts a total rental return of $78,520.00.
Each unit offers comfortable living spaces designed to cater to the needs of modern tenants. The thoughtful layout ensures privacy and functionality, making these residences highly desirable for those seeking convenience and quality. With a strong rental return already in place, there is also enormous potential to maximize future rental yield through strategic upgrades and enhancements.
Beyond its immediate income potential, the property is zoned as Low-Medium Density Residential (LMR) with a "2 or 3 storey mix," opening the door to redevelopment possibilities, subject to council approval. Whether you choose to reimagine the site for a bespoke multi-residential development or retain the existing structure for a high-yield investment, the possibilities are boundless in this prime location.
Set in a highly sought-after suburb and just minutes from Sherwood Arboretum, Graceville's vibrant caf precinct, cinemas, train station, and top schools both public and private, the location is as appealing as the opportunity.
Whether you are an astute investor looking for a solid return, a developer seeking an exciting new project, 40 Bute St, Sherwood presents an unmatched opportunity. Properties of this calibre and potential do not come along often-secure your investment in this thriving pocket of Brisbane.
Property History for 40 Bute St, Sherwood, QLD 4075
- 17 Jul 2025Sold for $1,800,000
- 21 May 2025Listed for Sale $1,800,000+
- 19 Mar 2013Sold for $876,000
Recent sales nearby
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0About Sherwood 4075
The size of Sherwood is approximately 2.4 square kilometres. It has 5 parks covering nearly 12.0% of total area. The population of Sherwood in 2016 was 5313 people. By 2021 the population was 6082 showing a population growth of 14.5% in the area during that time. The predominant age group in Sherwood is 40-49 years. Households in Sherwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sherwood work in a professional occupation.In 2021, 61.00% of the homes in Sherwood were owner-occupied compared with 59.30% in 2016.
Sherwood has 3,121 properties. Over the last 5 years, Houses in Sherwood have seen a 68.17% increase in median value, while Units have seen a 89.41% increase. As at 31 October 2025:
- The median value for Houses in Sherwood is $1,537,206 while the median value for Units is $763,730.
- Houses have a median rent of $695 while Units have a median rent of $575.
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