Back 1/58 Peach Street
Off Market

1/58 Peach Street

Greenslopes QLD 4120

2
1
1
111 m²
Unit
Last sold for $463,500
Marie McMenemyMarie McMenemy, last sold this property on 12 April 2022 after 4 days on market.

Overview

Rare Unrenovated Inner-City Apartment!

Available to purchase for the first time in almost 35 years, this two-bedroom unit positioned on the first floor of a boutique six-pack is the one you’ve been waiting for! In its’ original condition, the property is a renovator or investor's dream, flaunting traditional arched doorways, dual balconies, and a generous floorplan. Occupying a premium position within walking distance of Greenslopes Hospital, parks, schools, shops, and public transport, there is no doubt that this lucrative location affords a prime investment opportunity! The property is naturally well-lit through the ample doors and windows, enabling refreshing breezes to flow through the apartment with ease. The layout allows for an open plan living and dining space, with the well-maintained property incorporating a full kitchen, bathroom, and two spacious bedrooms. Featuring dual balconies, security screens, and a single garage on the ground floor, the retro apartment offers a low-maintenance, ‘lock-up and leave lifestyle that will suit a wide range of demographics. The predominantly owner-occupied complex features a number of already tastefully renovated apartments, demonstrating the future potential of this much-loved home. Investors will delight in the rental returns on a property so close to major employment hubs, whilst keen owner-occupiers will see an advantageous opportunity to secure a high-growth property in a thriving suburb. Providing easy access to the M1, Clem 7, and a mere 5km from the heart of the CBD, there is sure to be a high level of interest in this unit, one of only a few remaining unrenovated inner-city apartments! • 2 Bedroom unit on the first floor of a boutique six-pack in Greenslopes • Original condition with arched doorways, 2 balconies & generous floorplan • Walking distance to Greenslopes Hospital, parks, schools, shops & transport • Property well-lit throughout with ample doors/windows enabling breezes • Well-maintained kitchen, bathroom, 2 spacious bedrooms & dual balconies • Security screens & single lock-up garage on the ground floor • Easy access to the M1, Clem 7 & 5km from the heart of Brisbane City • Lucrative returns for investors based on proximity to major employment hubs • One of only a few remaining unrenovated inner-city apartments

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
111 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Greenslopes over the last 12 months, the estimated median property value of 1/58 Peach Street is $786.5k.

Median value
$786.5k
Estimated value range
$600k - $939k
Median days on market
16
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Greenslopes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/58 Peach Street

2022
Sold
$463,500
Private Sale/Treaty on 12 Apr 2022 by Marie McMenemy, of Jeff Jones Real Estate

Happy sellers in Greenslopes

96%
96% of sellers in Greenslopes reported that their sale price either exceeded or met their price expectations.

Greenslopes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Greenslopes over the last 12 months.

Local market activity for 2 bedroom units in Greenslopes

In the last 12 months, 38 two-bedroom units similar to 1/58 Peach Street, have been sold.

This represents a 12% increase in two-bedroom units sales when compared to the previous 12 months.

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