29 Eagle Terrace
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About this property
Representing an exceptional opportunity to secure three well maintained flats under one title in one of Brisbane's most desirable suburbs. Purpose built as flats; this highset home occupies a level 582sqm lot close by to major transport hubs and services. Auchenflower Station is just 500m by foot from the property and the Wesley hospital lies just beyond. Rental demand for this prized location has resulted in near continuous occupation of all the flats under the course of the current ownership. Three flats offer multiple income streams from the single property, minimising risk. This property has been under that same family's ownership for over 40 years and currently returns just over $80,000 a year. Unit 1: 2 bed, 1 bath, 1 secure garage - $425 week - Lease until 10 June 2027 Unit 2: 1 bed, 1 bath, 1 secure garage - $485 week - Lease until 30 December 2026 Unit 3: 3 bed, 1 bath, 1 secure garage - $630 week - Lease until 13 February 2027 This exciting property enjoys a superb location just over 3km from the Brisbane CBD and close to bus and train services, schools, shops, and cafes, representing an exceptional chance to secure an easy to manage property in blue-chip Auchenflower with a rock-solid net rental return. Please email or phone to receive the seller's disclosure including information relating to the outgoings or to book a private inspection
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 582 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Auchenflower
This 6-bedroom land in Auchenflower, QLD 4066 sits within reach of public transport, local shops local amenities. It is listed 56% above the $995,000 median of 62 comparable landswithin 5 km.
What's nearby
- Milton Rd at Milton - Torwood, stop 8 (bus) — 171 m away
- NRG Cycles — 191 m away
- Unnamed — 23 m away
- Milton Park — 141 m away
- Dunmore Park — 232 m away
Auchenflower at a glance
Full suburb profile- Population
- 6,053
- Median age
- 32
- Household income
- $2,208/wk
- Median rent
- $390/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Auchenflower price trend
Median sold · House 4 bed
Compound growth +4.7% / yr over 4 yrs
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Full Auchenflower marketThis listing
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Listing price changes
1 price change recorded for this property
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