Back 701/5 Folkestone St
Off Market

701/5 Folkestone St

Bowen Hills QLD 4006

2
2
1
86 m²
79 m²
Apartment
Last sold for $595,000
Chris HenericChris Heneric, last sold this property on 06 March 2024 after -48 days on market.

Overview

Welcome Home!!!

Experience the epitome of convenience and boutique elegance at Parkside on Folkestone. This exquisite residence seamlessly combines a modern aesthetic with a tranquil, nature-filled setting. Ideally situated in the heart of Bowen Hills, within walking distance to the train station and Newstead, and just minutes away from the CBD, James St, and Fortitude Valley attractions, Parkside stands as the pinnacle of location convenience. With enticing shopping, dining, and entertainment options right at your doorstep, this property represents a prime investment opportunity. The unit itself boasts a stylish and spacious design, flooded with natural light that accentuates its metropolitan charm. The generous floor plan maximizes every element, creating an atmosphere of ultimate urban living. Two well-appointed bedrooms are complemented by chic bathrooms, a stylish kitchen, and an expansive living area, all seamlessly flowing out onto an equally expansive balcony bathed in morning light. Don't miss this unique opportunity to secure the urban dream, where style, space, and location reach their zenith. Some of the many features include- Spacious light filled open plan living and dining area Large, North-east balcony overlooking beautiful greenery Modern kitchen with stone benchtops, dishwasher and plenty of cupboard space. Second bedroom located at opposite end of apartment for privacy Air-conditioning Separate laundry from bathroom Secure car park Secure swipe card entry + lift access Brilliant location, close to all amenities. Perfect for first home buyers, downsizers or investors. Tenancy Ends - 24 July 2024 Rent - $610 per week Body Corporate - $1350 approx. per Quarter (Admin + Sinking Fund + Insurance) Council Rates - $480 approx. per quarter Water Rates - $360 approx. per quarter Disclaimer: While we have made every effort to provide accurate and reliable information in this advertisement, we cannot guarantee its absolute correctness. We take no responsibility and disclaim any liability for errors, omissions, inaccuracies, or misstatements that may be present. Prospective purchasers are strongly advised to conduct their own thorough investigations and verifications to ensure the accuracy of the information provided in this advertisement.

Features

2 bedrooms
2 bathrooms
1 carspace
86 m² floor area
79 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Bowen Hills over the last 12 months, the estimated median property value of 701/5 Folkestone St is $807.5k.

Median value
$807.5k
Estimated value range
$700k - $920k
Median days on market
27
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bowen Hills. 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 701/5 Folkestone St

2024
Sold
$595,000
Private Sale/Treaty on 06 Mar 2024 by Chris Heneric, of High Rise Realty
2018
Rented
Undisclosed
Leased on 26 Sep 2018 by Tessa Residential New Farm
2018
Rented
Undisclosed
Leased on 26 Sep 2018 by Tessa Residential New Farm

Happy sellers in Bowen Hills

86%
86% of sellers in Bowen Hills reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Bowen Hills over the last 12 months.

Local market activity for 2 bedroom apartments in Bowen Hills

In the last 12 months, 38 two-bedroom apartments similar to 701/5 Folkestone St, have been sold.

This represents a 48% increase in two-bedroom apartments sales when compared to the previous 12 months.

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