Back 28 Reuben Street
Off Market

28 Reuben Street

Holland Park QLD 4121

5
2
2
599 m²
House
Sim GillSim Gill, last sold this property on 06 June 2022 after 25 days on market.

Overview

Rare duplex with dual income in prime location

This is a rare opportunity to acquire not one, but two properties in the highly sought-after suburb of Holland Park. Set on a generous 599m2 corner block, this unique residence comes surrounded by greenery and comprises of 2 very well maintained properties that are always occupied and a very short walk to local schools, cafe's, restaurants, public transport and easy access to Griffith University and Garden City Shopping Centre. Along with secure single car spaces for each unit, both of the residences present with polished timber floors and incorporate quiet alfresco areas and gardens, modern kitchens, recently renovated bathrooms, and substantial, light-filled living zones. - Dwelling 1 consists of 2 bedrooms, 1 bathroom (renovated around a few years ago) modern kitchen and a large, private deck overlooking the garden. Rented for $390 per week - Dwelling 2 consists of 3 bedrooms, 1 bathroom (also renovated a few years ago) modern kitchen as well as plenty of storage space. Polished timber floorboards and plenty of natural light throughout. Rented for $420 per week There is opportunity here to increase rents with very little work and the block itself is situated in a prime location on the corner of Reuben Street & Harold Street. Private and quiet, this unique offering boasts fantastic capital growth, rental returns of almost $45,000 per annum, and minimal vacancy periods. There is also the opportunity to land bank, demolish or create your dream home (subject to council approval). Land value & capital growth is always growing in Holland Park and one can easily see why the suburb has remained in the Top 10 most popular suburb on the Southside of Brisbane for more than a decade. 28 Reuben Street is just 200 metres to the local park, and is situated in the school catchment zone for the ever popular Cavendish Road High School and nearby Holland Park Primary which are both within a short walking distance. Residents will also enjoy being located just a short stroll from Holland Park Park and Ride as well as shops, supermarkets, cafes and parks. Griffith University and Westfield Carindale are close by with the city just 9km away via the nearby Pacific Motorway. With so many options and opportunities, this address won't last long on the market. Don't delay - enquire today!

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
599 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Holland Park over the last 12 months, the estimated median property value of 28 Reuben Street is $2.19m.

Median value
$2.19m
Estimated value range
$1.33m - $3.59m
Median days on market
28
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Holland Park. 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 28 Reuben Street

2022
Sold
Undisclosed
Private Sale/Treaty on 06 Jun 2022 by Sim Gill, of Ray White Holland Park
2020
Sold
$827,500
Private Sale/Treaty on 22 Jul 2020 by Sim Gill, of Ray White Holland Park

Happy sellers in Holland Park

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

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

This is based on voluntary sentiment collected from 36 reviews in Holland Park over the last 12 months.

Local market activity for 5 bedroom houses in Holland Park

In the last 12 months, 17 five-bedroom houses similar to 28 Reuben Street, have been sold.

This represents a 30% decrease in five-bedroom houses sales when compared to the previous 12 months.

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