40 Michael St, Bulimba, QLD, 4171 - House Sold on 25 01 2018

SoldJan 25, 2018

40 Michael St, Bulimba, QLD, 4171

Amount undisclosed

405 m²

House

•

13 days on the market

Sold: Jan 25, 2018

What's around 40 Michael St

The greatest opportunity in 4171, likely to be the cheapest house in 2018

Benefit from the planned redevelopment of the Bulimba Barracks by purchasing this neighbouring post-war property. The 405m2 residence is located in one of Brisbane's best riverside suburbs, less than five minutes from the bustling Oxford Street precinct. Its lucrative Michael Street address will only be become more desirable with the transformation of the north-facing Bulimba Barracks site into a base for the city's most vibrant urban community. This two bedroom, one bathroom cottage currently rents for $450 per week, however there is significant potential to profit further with renovations. Maintain, update or demolish. Regardless of your preferred option, substantial capital growth is achievable. Existing standout features include a large grassed rear yard, covered parking, polished timber floors, front and rear decking, and a contemporary kitchen and bathroom. This is an exciting purchase, one which will gain you ownership of Brisbane's most exclusive riverfront enclave. Only 4km from the CBD, bus stops and a CityCat terminal are also within walking distance. Access will only improve with the implementation of the Bulimba Barracks master plan which includes generous riverfront park, a market plaza, river terraces, playground and barbecue area, and a link to the Riverwalk shared pathway network. Please call Tony O'Doherty today to discuss this superb Bulimba prospect. Features - Two bedrooms, one bathroom, 405sq m Bulimba land, neighbouring Bulimba Barracks site - Large yard, front and rear decking, covered parking, timber flooring, updated kitchen - 4km to Brisbane's CBD, walk to Oxford St precinct, access to bus stops and CityCat - Neighbouring development site, planned upgrades to infrastructure and riverfront services - Potential rental income of more than $450/week, post-war structure can be demolished

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Seller reviews

over 8 years ago

Verified Review

Professional and Efficient

From a buyers' perspective, Tony was highly responsive, always professional and appeared to be a tactical negotiator. If I were selling in the area, he would be my first point of call. My partner and I were the tenants in the house we eventually purchased, and Tony was respectful of our space when conducting inspections and open homes, whilst still managing to bring in substantial property interest. He offered the seller a realistic market appraisal of the property (something that previous agents had failed to do, and the property sat unsold for many months prior to Tony's arrival), and for this extra effort, completed a quick and painless transaction.

Seller

over 8 years ago

Verified Review

Very motivated

I had my Bulimba property with another real estate agent but it didn’t sell after 3 months. Tony showed interest in taking over and was supremely confident he could sell my property. After signing with him he called often to keep me posted. He kept in touch with all interested parties and tried to get an ideal result. True to his word, he sold the property after 2 weeks. Tony was very easy to get along with, very motivated, and devoted alot of time to make it happen. I would definitely recommend Tony to anyone wanting a desirable result selling their property.

Seller