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Back 55/62 Cordelia St
Off Market

55/62 Cordelia St

South Brisbane QLD 4101

1
1
1
Apartment

Overview

Under Contract

Property under offer. Invest in this quality apartment in a great building. It comes fully furnished with a tenant in place. Returning $500/week, this would be a solid addition to your portfolio, currently returning over 4% net of expenses and management. South Brisbane is a booming suburb with plenty of capital growth opportunities. A beautiful airy and light-filled apartment, fully air conditioned. It is completely private, with sweeping district views over the mountains and church, and city views from the kitchen and bedroom, it is near all the delights of South Bank and West End. It offers an easy living floor plan with an open plan kitchen/dining/living area, a good queen sized bedroom with built-ins, and separate laundry. Good storage and Fibre Optic cabling to the unit are a draw card for good quality tenants. With on-site management, lap pool, media room, gym, BBQ and a secure car space, the apartment offers great facilities and you are able to demand a top market rent. A short walk to all the magic of South Bank - Parklands, theatres, museum, GOMA and restaurant/ cafe heaven. Not to mention the convenience of South Bank Train and Bus Stations only a couple of minutes' walk away. The building has a no pets policy in place. Current rent is $500/ week. Body corporate levies (total) approx $930/qtr. Come and inspect the apartment - call the agent now or you may miss out on this gem!

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Brisbane over the last 12 months, the estimated median property value of 55/62 Cordelia St is $693.5k.

Median value
$693.5k
Estimated value range
$215k - $891k
Median days on market
21
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Brisbane. 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 55/62 Cordelia St

2021
Rented
Undisclosed
Leased on 16 Jan 2021 by Raine & Horne Onsite Sales
2019
Rented
Undisclosed
Leased on 22 Aug 2019 by Raine & Horne Onsite Sales
2013
Sold
Undisclosed
Private Sale/Treaty on 03 Jun 2013

Happy sellers in South Brisbane

90%
90% of sellers in South Brisbane reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 41 reviews in South Brisbane over the last 12 months.

Local market activity for 1 bedroom apartments in South Brisbane

In the last 12 months, 107 one-bedroom apartments similar to 55/62 Cordelia St, have been sold.

This represents a 36% increase in one-bedroom apartments 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 South Brisbane

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Matthew Cilia

Sellers who recommend Matthew Cilia have praised them for being clear communication, local expert, responsive, pleasant, dedicated, friendly and supportive

  •   5   (48 reviews)
  •  9 Reviews in South Brisbane
  •  5 Sales in South Brisbane
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Elisa Wellington

Elisa Wellington is a recommended agent for South Brisbane.  They have 26 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (102 reviews)
  •  9 Reviews in South Brisbane
  •  26 Sales in South Brisbane
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Brad Munro

Sellers who recommend Brad Munro have praised them for being clear communication, local expert, honest, reliable, responsive, supportive and stress-free process

  •   4.9   (501 reviews)
  •  3 Reviews in South Brisbane
  •  13 Sales in South Brisbane
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Jason Yu

Jason Yu is a recommended agent for South Brisbane.  They have 1 local sale and collected 4 local reviews across the last 12 months.

  •   5   (81 reviews)
  •  4 Reviews in South Brisbane
  •  1 Sale in South Brisbane
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