7 Ellis StreetStones Corner QLD 4120
Property Details for 7 Ellis St, Stones Corner
7 Ellis St, Stones Corner is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1950. The property has a land size of 440m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (May 2024)
Unveil the pinnacle of real estate investment with this exclusive four-unit complex, a rare find in the heart of Brisbane's sought-after Stones Corner. This striking property, constructed in the 2010s, stands as a testament to modern design and savvy investment planning. Offering a blend of renovated and newly built units on a single title, this is a turnkey solution for the astute investor.
Key Highlights Include:
Contemporary Living: Two units renovated around 2012 and two more added shortly after around 2015, all constructed with modern materials and free from asbestos.
Strategic Positioning: Located on a peaceful street yet just moments from bustling urban amenities.
Location Highlights:
Proximity to Brisbane CBD: Just a 10-minute drive to the city centre.
Stones Corner Village: A brief 4-minute stroll to shops, cafes, and vibrant street scenes.
Public Transport: Only a 5-minute walk to the Eastern Busway for quick public transit access.
Healthcare: Greenslopes Private Hospital is a mere 7-minute drive away.
Investment Features:
Fully Leased: All units are occupied, comprising 6 bedrooms, 4 bathrooms, and 4 car spaces, with an impressive annual gross rent.
High Demand: Modern design and safety features ensure ongoing tenant demand.
Efficient Management: Separate meters for utilities simplify management and appeal to tenants.
Desirable Location: Close to essential services and entertainment options, ensuring high tenant retention and stable rental income.
Seize this exclusive opportunity to invest in a property that promises both immediate returns and significant potential for capital growth. This hidden gem is not yet available on the public market, making it a privileged offering for those who act swiftly. Secure a future of lucrative earnings and capital appreciation with this standout Stones Corner complex.
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 that may occur. Prospective purchasers should make their own enquiries to verify the information.
Property History for 7 Ellis St, Stones Corner, QLD 4120
- 08 Apr 2024Listed for Sale By Negotiation
- 05 Mar 2024Sold for $1,822,000
- 17 Mar 2016Listed for Rent $300 / week
Recent sales nearby
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About Stones Corner 4120
The population of Stones Corner in 2016 was 8936 people. By 2021 the population was 2336 showing a population decline of 73.9% in the area during that time. The predominant age group in Stones Corner is 20-29 years. Households in Stones Corner are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Stones Corner work in a professional occupation.In 2021, 37.10% of the homes in Stones Corner were owner-occupied compared with 40.80% in 2016.
Stones Corner has 1,735 properties. Over the last 5 years, Houses in Stones Corner have seen a 57.34% increase in median value, while Units have seen a 118.16% increase. As at 31 March 2026:
- The median value for Houses in Stones Corner is $1,406,198 while the median value for Units is $916,315.
- Houses have a median rent of $695 while Units have a median rent of $670.
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