Back 3 Frankit St
Off Market

3 Frankit St

Wavell Heights QLD 4012

3
1
2
559 m²
House
Last sold for $1,410,000
Dwight ColbertDwight Colbert, last sold this property on 22 March 2026 after 30 days on market.

Overview

Lifestyle Entertainer on Frankit

Welcome to 3 Frankit Street, Wavell Heights - where comfort, space and long-term opportunity combine in one of Brisbane's most sought-after family-friendly pockets. Positioned on a generous 559m2 allotment, this well-maintained dual-level residence presents a ready-made investment with quality tenants already in place. Offering a flexible floor-plan, light-filled interiors and strong rental appeal, this is a home designed for both immediate enjoyment and future capital growth. Upstairs, spacious living and dining zones flow seamlessly to the expansive rear deck - the perfect setting for weekend entertaining or relaxed everyday living. The functional kitchen sits at the heart of the home, complete with ample bench space, generous storage and a practical layout that will appeal to both new-to-market investors and quality tenants alike. Accommodation comprises three well-proportioned bedrooms, all filled with natural light and serviced by a neat and centrally positioned bathroom. Each fitted with ceiling fans to enhance tenant comfort and support strong rental appeal year-round. Downstairs offers outstanding versatility and value-add potential. A large rumpus/multipurpose room (just shy of legal height) provides excellent additional living space - ideal as a media room, home office, gym or teenager's retreat - enhancing both lifestyle flexibility and rental attractiveness. This level also incorporates substantial storage and secure two-car accommodation, further strengthening the home's practicality. Step outside and you'll immediately appreciate the expansive backyard. Perched on an impressive 559m2 corner allotment with dual street access, there is ample room for children and pets to play, scope to enhance over time, or potential to extend or add a pool (STCA). The size of the block and the home's flexible footprint present exciting future upside for investors seeking growth in a blue-chip location. A snapshot of features we know you will love: * Open plan kitchen and living areas with timber floorboards, reverse cycle air-conditioning flowing out to irresistible covered deck * Impressive kitchen with ample storage cupboards, quality stainless steel appliances with granite bench top * Generous 559m2 allotment with dual street access in a premium Wavell Heights pocket * Three well-sized bedrooms all with ceiling fans, main with reverse cycle air conditioning * Great sized and tastefully updated family bathroom * Expansive and private covered rear deck ideal for entertaining * Large downstairs rumpus/multipurpose room (just shy of legal height) * Internal stairs with substantial storage space under the home * Two car accommodation * Strong rental appeal with future value-add potential (STCA) * Laundry facilities located underneath and additional powder room * Fully fenced, lushly landscaped and low maintenance 559m2 allotment * NBN connection * Plus much more! Additional Information bound to be of benefit: * Current tenanted with great long term tenants (who would love to stay) until 30/06/26 * Rates $595.40 per quarter * Water $655.33 per quarter (based on consumption) * Form 2 Seller Disclosure available upon inspection and request Situated in a tightly held pocket of Wavell Heights, the home enjoys close proximity to quality schooling options, parklands, shopping precincts, public transport and easy access to major arterial roads and the Airport - ensuring ongoing appeal for both long-term tenants and future owner-occupiers. This is a fantastic opportunity to secure an expansive parcel of land in a high-growth location with flexibility, functionality and future upside. For further enquiry or to arrange your private viewing, please contact Dwight Colbert. We look forward to welcoming you to 3 Frankit Street, Wavell Heights. Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Disclaimer: We have used our best endeavours in preparing this advertisement to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
559 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Wavell Heights over the last 12 months, the estimated median property value of 3 Frankit St is $1.41m.

Median value
$1.41m
Estimated value range
$900k - $1.89m
Median days on market
26
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wavell Heights. 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 3 Frankit St

2026
Sold
$1,410,000
22 Mar 2026 by Dwight Colbert, of Ray White One Group | Aspley
2023
Rented
Undisclosed
Leased on 09 Nov 2023 by Housemark
2023
Sold
$925,000
25 Sep 2023

Happy sellers in Wavell Heights

87%
87% of sellers in Wavell Heights reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 23 reviews in Wavell Heights over the last 12 months.

Local market activity for 3 bedroom houses in Wavell Heights

In the last 12 months, 71 three-bedroom houses similar to 3 Frankit St, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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