Back 2/53 Rialto St
Off Market

2/53 Rialto St

Coorparoo QLD 4151

2
1
1
Unit
Last sold for $340,008
Craig BarnesCraig Barnes, last sold this property on 04 November 2019 after 20 days on market.

Overview

Ripe for Renovation on Rialto

Have you been looking for a unit with ground level access? Do you want to be close to the action and get your renovation juices flowing? We might have the one you have been waiting for. This two bedroom ground level unit is just a short stroll from trendy Stones Corner and just down the road from the popular Coorparoo Square and Dendy Cinema. At only 6km from the CBD this is an area that still has a lot of growth ahead. The small complex of 9 units is quiet and well maintained. Unit 2 has only had one owner and everything is immaculate and very liveable, but there is plenty of room to add value with some updates. The other benefit of this unit is its size. A huge lounge/dining room is the centre of the home, and a generous semi-enclosed balcony provides additional outdoor dining or entertaining space. The kitchen is enormous too, with plenty of bench and cupboard space. Both bedrooms have built-in robes, with wall to wall robes in the master. The bathroom is clean and functional, and also contains the laundry facilities. A large storage cupboard is a godsend for keeping clutter at bay, but could also convert into a study nook, or potentially reconfigure to a walk-in robe for the master (subject to necessary approvals) You'll be kicking yourself if you don't come and have a look at what could arguably be Coorparoo's best opportunity to get on the property ladder. For investors, this area has extremely low vacancy rates, so with minimal spend, you could have an excellent addition to your portfolio. For more information, contact us today and find out about making Rialto Street your new address. At A Glance * 2 bedroom 1 bathroom unit * Ground/Street level with semi-enclosed balcony * Security throughout * Large rooms and high ceilings * Bedrooms with built-in robes * Large bathroom with internal laundry * Separate toilet * Additional storage room * Lock up garage (there are stairs outside the unit which takes you down to the garage level) * Superb location, close to Stones Corner and 6km to CBD * Low body corporate fees

Features

2 bedrooms
1 bathroom
1 carspace
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Coorparoo over the last 12 months, the estimated median property value of 2/53 Rialto St is $795k.

Median value
$795k
Estimated value range
$557.9k - $1m
Median days on market
16
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Coorparoo. 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 2/53 Rialto St

2019
Sold
$340,008
Private Sale/Treaty on 04 Nov 2019 by Craig Barnes, of Remax First Residential Coorparoo

Happy sellers in Coorparoo

88%
88% of sellers in Coorparoo reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 66 reviews in Coorparoo over the last 12 months.

Local market activity for 2 bedroom units in Coorparoo

In the last 12 months, 77 two-bedroom units similar to 2/53 Rialto St, have been sold.

This represents a 25% increase in two-bedroom units sales when compared to the previous 12 months.

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