Three bedder snapped up for half suburb median
The apartment has been fetching rent between $545 and $600 a week.“It was somewhat outdated. It was 1977 that the building was built but it’s still very good value especially being in such an excellent location.”He said it was snapped up by owner-occupiers.“Three bedroom units are rare and this is an older building. They are rare at that price too. It’s not too bad for an older apartment.“The chef in all of us will be instantly drawn to the Juliet balcony off the kitchen — the ideal space for your very own herb garden,” was how it was marketed.“The sheltered balcony off the living offers sweeping views with river glimpses. This special place will be used every day to unwind and relax.”The third balcony is off the master bedroom.“With some attention, love and renovation, this apartment has the potential to be an inner-city haven.” Perfect score for The Block’s ‘most expensive kitchen’ Jeff Horn enters househunting ring Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:46Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:46 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenChoosing an apartment to invest in01:47 The view of the river through the trees.“We’ve got a lot of brand new stock, but it’s the older buildings that tend to be going better at the moment. It’s definitely a pricepoint factor. “We’re seeing owner-occupier homebuyers within that $500-600,000 price point. There are a lot of people looking in that area in that price range. There’s not a lot of investors, but there’s a lot of owner-occupiers.”The property has an open plan living dining area, three balconies, stainless steel appliances and lift access. The median price for three-bedroom units in West End is just under a million dollars ($957,500), according to realestate.com.au. Agent Michael Kazoullis of Property Inc, who marketed the property with colleague Leon Iconomidis, said it was a rare deal involving special circumstances that required a quick sale. FOLLOW SOPHIE FOSTER ON FACEBOOK The apartment in Ryan Street, West End, sold in just two weeks.He told The Courier-Mail that the sellers were motivated for personal reasons. “It sold in just two weeks,” he said.More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours agoThe previous owners rented the property out for between $545 to $600 a week for several years. They had paid $390,000 for it just over a decade ago, according to CoreLogic data.“That unit there needed some renovations,” Mr Kazoullis said. Homeowners walking away with a fortune The three bedroom apartment in Ryan Street, West End, sold Tuesday for about half the suburb median.A three-bedroom apartment in one of Brisbane’s hottest inner city locations has been snapped up for a price that will have you kicking yourself.The unit — located across the river from the University of Queensland and in the Brisbane State High School catchment — is in Ryan Street in West End, and has just sold for $530,000.It comes with two bathrooms and a car space, views of the Brisbane River and is located up the road from the ferry terminal that’s just a single stop to the university. The West End ferry terminal is just one stop away from the University of QLD.