16 Leonard St, Woolloongabba is a 4 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
A dual-key investment with amazing city views and a DA approval in place, positioned perfectly among the limelight of the 2032 Olympic Precinct. This could just be Brisbane's best opportunity to add value and capitalize.
Set on a North-to-rear corner parcel, this property currently comprises 2x self-contained two bedroom flats with individual kitchen, bathroom, garaging and laundry facilities. There's dynamite options here to land bank, live-in and lease, add value to double down on an already lucrative investment, or convert and call it your own (STCA).
Secure a spot among quality homes in the city's most talked-about precinct, and reap the rewards of immediate cashflow with imminent growth while you consult your plans. Buyers should not delay ? this is the first opportunity like this to arise for years, and will be sold on auction day.
The size of Woolloongabba is approximately 2.5 square kilometres. There are 10 parks, covering nearly 2.5% of the total area. The population of Woolloongabba in 2016 was 5631 people. By 2021 the population was 8687 showing a population growth of 54.3% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation.In 2021, 26.40% of the homes in Woolloongabba were owner-occupied compared with 31.70% in 2016.
Woolloongabba has 5,446 properties. Over the last 5 years, Houses in Woolloongabba have seen a 51.45% increase in median value, while Units have seen a 94.90% increase. As at 31 July 2026:
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