47 Deshon StreetWoolloongabba QLD 4102
Property Details for 47 Deshon St, Woolloongabba
47 Deshon St, Woolloongabba is a 4 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (March 2020)
HIGH YIELD INVESTMENT IN THE HEART OF WOOLLOONGABBA
A unique and fantastic opportunity arises as an investment property or an owner-occupier and investment mix positioned just 3km from the Central Business District of Brisbane for the astute and discerning buyer.
This 723 square metre block houses 6 separate dwellings with excellent investment income. It sits in the busy commercial, semi-industrial Deshon Street with a potential for outstanding capital growth being zoned as character residential dwelling.
Investment Details:
Airconditioned lounge and bedroom, kitchen
Downstairs you'll find a huge storage area, laundry and a carport creating an extra indoor/outdoor living area.
Owner can live in this property OR an investor can easily and readily rent this dwelling for $450 per week
Unit 4: 1 bedroom, 1 bathroom, 1 carport, kitchen
RENTED for $260 per week
Fully furnished, airconditioned
Unit 5: 2 bedrooms, 1 bathroom, 1 carport, kitchenette
RENTED - $300 per week
Can be furnished
Unit 6: 1 bedroom,1 bathroom, 1 carport, kitchenette
RENTED for $290 per week
Fully furnished, airconditioned
Unit 7: 1 bedroom, 1 bathroom, 1 carport, kitchenette
RENTED for $290 per week
Fully furnished, airconditioned
Unit 8: 1 bedroom, 1 bathroom, 1 carport, kitchenette
RENTED for $290 per week
Fully furnished, airconditioned
Each apartment is separately metered for water (water compliant) and electricity, thus offering a generous rental return with NO immediate financial input required.
Separately housed coin operated laundry and dryer within the complex is another income generating activity for the investor.
2 Rainwater tanks
2 road access and 7 carports
Gross Expected Rental Return* - $102,000 per annum
*The rent charged has not been increased for years and with rent review the rent can potentially be increased to meet the market value thus optimising the investment income.
The proximity of this property is stones throw away to the Gabba, some of the best coffee and restaurants, retail stores, parkways and bike ways, public and private schools, colleges, Lady Cilento Children's hospital, Princess Alexandra Hospital, South Bank and to the heart of the CBD. The bus stop is steps away from the property.
Because of the location, the units are easily occupied and tenanted and will always generate income.
These kind of investments are few and far between. Secure this rare opportunity and arrange an inspection today
Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 47 Deshon St, Woolloongabba, QLD 4102
- 03 Mar 2020Sold - Price Undisclosed
- 30 Oct 2019Listed for Sale Sold
- 02 Aug 2019Listed for Sale PRICE GUIDE $1,400,000
Recent sales nearby
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About Woolloongabba 4102
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 5,448 properties. Over the last 5 years, Houses in Woolloongabba have seen a 56.93% increase in median value, while Units have seen a 101.95% increase. As at 30 June 2026:
- The median value for Houses in Woolloongabba is $1,585,169 while the median value for Units is $922,214.
- Houses have a median rent of $800 while Units have a median rent of $720.
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