Prime Wooloowin Holding - Six Units, Strong Income and Future Scope

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Location

Market Insights for Wooloowin QLD 4030

New Listings (last 30 days)

Average price

$3,116,667

Lowest price

$2,850,000

Highest price

$3,500,000

1-6/11 Hamley Street, Wooloowin QLD 4030

For Sale

Search Band

$3M - $3.3M High Confidence Calculated based on strong search observations.

Block of Units 10 beds 6 baths 6 cars 809 m²

Listed: 22 hours ago

Overview

This substantial block of six units in Wooloowin represents a premier investment opportunity combining immediate income generation with future development potential. Located just 6 kilometers from Brisbane's CBD, the property sits on a sizable 809sqm parcel, featuring a frontage of 20 meters that provides valuable street presence and access.

The complex includes a mixture of four two-bedroom and two one-bedroom brick units, all equipped with individual kitchens, living spaces, bathrooms, and single-car garage parking. A communal laundry further enhances functionality. The design and zoning as Low-Medium Density Residential allow for potential redevelopment or subdivision subject to council approval, offering investors flexibility in how they maximize the asset's value.

Currently achieving approximately $155,740 per annum in rental return, the property appeals to a range of tenants due to its convenient inner-city location. Wooloowin train station and bus stops are just 400 meters away, facilitating easy commuting. Local cafes and shopping precincts, including HomeCo and Sandgate Road, are within a 1.4-kilometer radius, complemented by nearby childcare and schooling options, such as Eagle Junction State School and prestigious private colleges. The proximity to attractive recreational amenities like the Kedron Brook Bikeway and Hamilton Riverwalk further strengthens its appeal to professionals and families seeking lifestyle convenience combined with urban accessibility.

This holding is ideal for investors looking to landbank while enjoying steady income, renovate to increase returns, or capitalize on future development opportunities. Its strategic location, combined with solid existing income streams and flexible land use, make it a compelling addition to any investment portfolio seeking long-term growth and diversification.

Local Market Insights

In Brisbane Inner City, Quiet Listings observed 3 new block of unitss entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $3,116,667. The property type mix of listed properties is predominantly Apartments at 39%, followed by houses (33%), and units (14%). The most active agency for block of unitss in the Brisbane Inner City area is currently Ray White, representing 67% of new listings, followed by Chrese Morley Real Estate with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.