254 Hawken Drive

St Lucia QLD 4067

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› 254 Hawken Drive, St Lucia QLD 4067

Sold on 8 Jun 2017

254 Hawken Drive St Lucia QLD 4067

Development / Land
1,505 m²
Sold

Residential Investment Properties Leased for Student Accommodation

These properties are situated just 4 kilometres* west of the Brisbane General Post Office (GPO) with excellent public transport access including frequent bus services along Hawken Drive, two CityCat ferry terminals in Guyatt Park and The University of Queensland, as well as bikeway to the Brisbane CBD.
Walking distance to The University of Queensland St Lucia campus and CityCat Guyatt Park terminal
Less than 10 metres to bus stops and local amenities
254 & 256 Hawken Drive are currently occupied as 6 bedroom, 1 bathroom houses achieving gross rental income of $57,000 per annum; with 80 Boomerang Road configured as a 5 bedroom 1 bathroom house achieving $54,000 gross rental income per annum.

3 adjoining houses:
254 Hawken Drive: 473sq m land area, rental return $57,200PA
256 Hawken Drive: 506sq m land area, rental return $56,160PA
80 Boomerang Road 526sq m land area, rental return $54,600PA
Total Land Area = 1,505 square metres land area
Total Rental Return = $167,960PA

Street Frontage:
114 metres* to Dell Road, Boomerang Road and Hawken Drive.

Zoning:
"LDR Low density residential" under Brisbane City Plan 2014

Town Planning:
ToowongIndooroopilly district neighbourhood plan

Real Property Details:
Lot 347, 348 & 349 on Registered Plan 40784

Improvements:
There are three existing single level houses located at 254-256 Hawken Drive & 80 Boomerang Road

Opportunity:
Outstanding residential investment in tightly held Brisbane fringe suburb achieving total gross rental income of 167,960 per annum
Located in close proximity to the University of Queensland, St Lucia campus
Positioned in a sought after near city residential precinct and strong long term fundamental growth prospects
Development Potential: Low density Residential (dwellings up to 2 storey in height or 9.5m)

Income:
254 Hawken Drive, St Lucia QLD 4067 has a gross rental income of $57,200* per annum.
256 Hawken Drive, St Lucia QLD 4067 has a gross rental income of $56,160* per annum.
80 Boomerang Road, St Lucia QLD 4067 has a gross rental income $54,600* per annum.
* Approximately

Savills Brisbane

Level 33, Riverside Centre, 123 Eagle Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	8 Jun 2017
Floor Area	Ask Agent
Land Area	1,505 m²
Parking	On site parking available
Property ID	2013429338
Category	Development / Land
Last updated	26 Jun 2023

Map for 254 Hawken Drive St Lucia QLD 4067

Nearest transport* to 254 Hawken Drive St Lucia QLD 4067

Bus

Train

Tram

Ferry

Boomerang Rd W at St Lucia South near Hawken Dr	12 m
Hawken Dr at Hawken Villiage, stop 30	56 m
Hawken Dr at Hawken Villiage, stop 30	75 m
Hawken Dr at Picardy Street, stop 31	251 m

*Within a 4km radius

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Savills Brisbane

Level 33, Riverside Centre, 123 Eagle Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	8 Jun 2017
Floor Area	Ask Agent
Land Area	1,505 m²
Parking	On site parking available
Property ID	2013429338
Category	Development / Land
Last updated	26 Jun 2023

Listed by

Robert Dunne

Savills Brisbane

Call

0418 888 840

More about 254 Hawken Drive St Lucia QLD 4067

254 Hawken Drive St Lucia QLD 4067 is categorized as Land & Development Property. It has a land area of 1,505 m². The listing ID for this property is 2013429338.

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