Back 10 Wolseley Street
Off Market

10 Wolseley Street

Woolloongabba QLD 4102

3
1
3
506 m²
House
Last sold for $1,245,000
Sharon WilsonSharon Wilson, last sold this property on 23 July 2023 after 193 days on market.

Overview

RIPE PICKINGS IN THIS AREA. HOUSE WITH HUGE UPSIDE IN THE FUTURE.

Rarely do these properties come to the market with a huge opportunity to secure a site in this very desirable & sought-after precinct. An unusually large 506m2 High Density Residential 2 property with access to adjoining properties of similar sizing would be a very astute buy for anyone wishing to landbank to create an opportunity to develop a landmark building in this area. There are only limited opportunities now in the Buranda Precinct for further development with many properties either being bordered by existing unit blocks or have been already developed with large scale multi storey unit developments on them. Beautifully situated, the property is one of few that can be acquired with the view of the future to combine holdings to build up to 15 storeys such as many of the neighbours have done, as it is one of a few that is bordered by similar properties for you to acquire in the future or combine and capitalise. With its position so close to the hospitals and infrastructure projects including the development of the Buranda Precinct - Think Olympic Games - Medical accommodation- Inner City demand. This opportunity has 3 existing homes both beside and to the rear in Carl St whereby acquisition would give you the opportunity to do a large-scale development here also. It is also an ideal situation where you have a very liveable home and you can land bank this for the future and watch it grow in value as Brisbane's opportunities become less and less. Brisbane City is 3.26klms away. Frontage 10m Depth 50.6m Total of 506 m2 The 3 bedroom Queensland Cottage, has good bones and has been looked after to either hold as a rental or relocate. Polished floors, VJ's, fretwork and breezeways add character. Generous rooms with high ceilings make this an attractive home with updated kitchen and separate dining area, lounge is large and airconditioned. Under house is fully concreted with garaging for 2 cars and off-street parking. The larger than average rear yard is an excellent space and is near level. Kept in good order the home is quite a little gem. For more information and an information Memorandum call or email Sharon.wilson@raywhite.com or Alicia.wilson@raywhite.com.

Features

3 bedrooms
1 bathroom
3 carspaces
1 open car space
2 garage spaces
506 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Woolloongabba over the last 12 months, the estimated median property value of 10 Wolseley Street is $1.57m.

Median value
$1.57m
Estimated value range
$1.08m - $2.58m
Median days on market
18
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Woolloongabba. 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 10 Wolseley Street

2023
Sold
$1,245,000
23 Jul 2023 by Sharon Wilson, of Ray White Annerley
2023
Rented
Undisclosed
Leased on 06 Jun 2023 by Ray White Annerley

Happy sellers in Woolloongabba

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

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

This is based on voluntary sentiment collected from 15 reviews in Woolloongabba over the last 12 months.

Local market activity for 3 bedroom houses in Woolloongabba

In the last 12 months, 19 three-bedroom houses similar to 10 Wolseley Street, have been sold.

This represents a 12% decrease in three-bedroom houses sales when compared to the previous 12 months.

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