2 O'Connell StreetWest End QLD 4101
Property Details for 2 O'Connell St, West End
2 O'Connell St, West End is a 1 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 455m2 and floor size of 237m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Last Listing description (May 2017)
Student accom, 50m to West End centre, $121k pa now, add floor space, highrise zone, rare opportunity, definite seller.
Have you driven past properties in red hot locations at the heart of the action in pulsating inner suburbs, wishing you could own such desirable property, but being turned off by the tiny returns such properties invariably offer? Well this property is the exception you have been looking for.
Already returning $126k pa, the property has numerous avenues to improve that even further, ranging from simple renovations to raise the already good standard of accommodation, to getting approvals to add much more accommodation (which would require relaxations already achieved by others in the area, and which would nudge the % return well into double digits).
But the long term also offers other intriguing possibilities due to the high rise zoning the property possesses. For the ambitious, taking the rare opportunities to aggregate adjoining properties will lead to that rarest of quantities - a viable high rise development site in a premium hot spot. For the less proactive, waiting for a developer to come along and offer a big fat price as he tries that aggregation can mean a pot of gold (after your continuous receipt of juicy returns already had year after year). Talk about having your cake and eating it!
Contact me for full details on this property. With thirty one years as a multiple dwelling building specialist, with the best and most comprehensive information presentation, and with a tell it like it is policy, I will enable you to make the most informed decisions possible when buying all kinds of multiple dwelling buildings.
Property History for 2 O'Connell St, West End, QLD 4101
- 04 Jan 2017Listed for Rent $170 / week
- 14 Sep 2016Listed for Rent $170 / week
- 28 Apr 2016Listed for Rent - Price not available
Recent sales nearby
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0About West End 4101
The size of West End is approximately 2.3 square kilometres. It has 4 parks covering nearly 6.7% of total area. The population of West End in 2016 was 9474 people. By 2021 the population was 14730 showing a population growth of 55.5% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation.In 2021, 39.50% of the homes in West End were owner-occupied compared with 38.70% in 2016.
West End has 9,398 properties. Over the last 5 years, Houses in West End have seen a 77.72% increase in median value, while Units have seen a 88.17% increase. As at 30 November 2025:
- The median value for Houses in West End is $1,956,110 while the median value for Units is $971,840.
- Houses have a median rent of $760 while Units have a median rent of $750.
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