123 Waterworks Road Ashgrove QLD 4060

12 / 5 / 5 / 1138 m2

Here you can find what you need to know about 123 Waterworks Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Ashgrove, QLD and much more.

Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060
Property photo of 123 Waterworks Road Ashgrove QLD 4060

Property Insights

123 Waterworks Road Estimated Value

$800,000 - $900,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $583,000 on 24/06/2002

Sale Type: Normal Sale

Mortgage
Repayment
$692 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 12
Bathrooms 5
Car Spaces 5
Land Size 1138 m2
Floor Area -
House Type Unit
Council Area Brisbane - Ithaca
Year Built n/a
Zone RESIDENTIAL A
Lot/Plan 155/RP20506 Ashgrove QLD
Property Type Unit

Last listing description (July 2021)

The Ultimate Cash Cow - 4.3% net return
It is hard to find a good return when it comes to residential real estate but this cash cow is a rare exception. With a 4.3% net return, the once proud turn of the century landmark has been converted into 5 flats and sits on a glorious 1138m2 double block - two allotments with potential subdivide.

Conveniently located just 600m to Ashgrove Central and 4km to the Brisbane CBD, this versatile piece of real estate is blessed with more options than a swiss army knife. Generating a steady income stream, the superbly maintained multi-dwelling consists of 4 x 2-bedroom flats, a roomy 4 bedder and undercover car accommodation for 5 vehicles.

• 1138m2 block with 22m frontage
• 4 x 2 bed, 1 bath flats & 1 x 4 bed, 1 bath flat
• 7% gross return & fully tenanted
• Under cover car accommodation for 5

With plenty of upside and scope to increase the yield, it is an out of the box investment with potential to subdivide a 600m2 rear block (STCA).

Contact Bonnie D'Arcy on 0423 005 563 for the ingoing’s/outgoings and building reports.

Property Timeline

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Suburb Insights

Ashgrove, QLD 4060

No data available Part of: Brisbane Council

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Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 123 Waterworks Road, including the property sale history and estimated market value as well as insights into Waterworks Road and Ashgrove 155/123 Waterworks Road Ashgrove QLD 4060