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Back 42 Boonaree Street
Off Market

42 Boonaree Street

Sunnybank QLD 4109

3
2
3
582 m²
House
Last sold for $1,230,000
Jimmy LuJimmy Lu, last sold this property on 25 September 2023 after 11 days on market.

Overview

UNIQUE OPPORTUNITY IN THE HEART OF SUNNYBANK!

Here's a property that might not make the best first impression but is situated in one of the best Sunnybank locations, and has so much to offer a keen renovator, seasoned investor or savvy home builder - you just have to take close look with your 'property potential' cap firmly in place! When it comes to the right opportunity it's often all about location - well this one certainly ticks the box in that category. Located two minutes' walk to Mains Road and under 5 minutes' to buzzing Market Square it has incredible convenience. On top, you are walking distance to city express bus links, state run schools, train station, tavern, medical specialty centres and private hospital, not to mention a few minutes to Sunnybank Plaza and just down the road from the motorway and Griffith University to name just a few location highlights! The current solid brick highset has been converted into student-style accommodation with four independent units (two on each level). Each has their own entry point, bedrooms, kitchen, living area and access to a bathroom facility. They are rented out and generate a healthy weekly return. The block sits on the corner of Boonaree and Renniks Street with 582sqm in total land span and decent frontages. The dual accessibility is a key benefit for future development, be that a brand-new high-quality home to occupy, or a dual-key design or duplex set up. Either way there are heaps of options to consider with this good-size, well-positioned land. Another possibility is returning this original large house back to it's former orgins with a reconversion and renovation across the two levels to transform it into a fantastic family home of scale and quality. High quality new or renovated homes in this area are in very strong demand and would return on value, with the land alone continuing to improve in value. Definitely one for experienced builders or project renovators to consider and undertake their own feasibility to discern the true potential on offer. Call now for more details information and to arrange an inspection. Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

3 bedrooms
2 bathrooms
3 carspaces
1 carport space
2 open car spaces
582 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Sunnybank over the last 12 months, the estimated median property value of 42 Boonaree Street is $1.46m.

Median value
$1.46m
Estimated value range
$850k - $2.01m
Median days on market
23
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sunnybank. 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 42 Boonaree Street

2023
Sold
$1,230,000
25 Sep 2023 by Jimmy Lu, of Ray White Robertson
2011
Sold
Undisclosed
22 Aug 2011 by Tim Phan, of Yong Real Estate

Happy sellers in Sunnybank

80%
80% of sellers in Sunnybank reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in Sunnybank

In the last 12 months, 25 three-bedroom houses similar to 42 Boonaree Street, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sunnybank

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Jason Bing

Jason Bing is a recommended agent for Sunnybank.  They have 11 local sales and collected 4 local reviews across the last 12 months.

  •   5   (48 reviews)
  •  4 Reviews in Sunnybank
  •  11 Sales in Sunnybank
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KC Yeung

KC Yeung is an award winning recommended agent for Sunnybank.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (205 reviews)
  •  2 Reviews in Sunnybank
  •  1 Sale in Sunnybank
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Jason Song

Sellers who recommend Jason Song have praised them for being local expert, clear communication, responsive, reliable, hard-working, honest and supportive

  •   5   (773 reviews)
  •  2 Reviews in Sunnybank
  •  3 Sales in Sunnybank
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George Yang

Sellers who recommend George Yang have praised them for being clear communication, local expert, responsive, honest, friendly, supportive and hard-working

  •   4.9   (184 reviews)
  •  2 Reviews in Sunnybank
  •  1 Sale in Sunnybank
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