1-4/31 Arnold Street, Holland Park, Qld 4121

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Block Of Units
Type
6
Bedrooms
4
Bathrooms
4
Parkings
604 m²
Area

Last updated on Wednesday, August 26, 2026 ( See property details for 1-4/31 Arnold Street, Holland Park, Qld 4121)

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Karen Renouf High Performance Agent - Independent Contractor
Katie Renouf Team Renouf Properties Pty Ltd
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid brick four-unit complex on a 607m² block offering excellent investment potential with recent upgrades and shared outdoor space in a prime Holland Park location.

🏡 Property Highlights

  • Solid brick construction in good condition
  • Four self-contained units with versatile layouts
  • Recent upgrades including split system air conditioning in 2024
  • Shared large garden area for all residents
  • Excellent investment opportunity with potential for rental growth
  • Prime location close to Garden City shopping centre and public transport

✨ Key Features

  • Split System Air Conditioning
  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Dishwasher
  • Pet-Friendly
  • Security Screens / Gates
  • Fly Screens
  • Extra Storage (Shed/Linen)

Holland Park is a vibrant suburb renowned for its convenient access to shopping centres, public transport, and local parks. It offers a family-friendly environment with excellent schools and community amenities. The area is ideal for investors and homeowners seeking a balanced lifestyle. Its proximity to Garden City shopping centre ensures retail and dining options are always within reach. The suburb's medium-density zoning supports sustainable growth and diverse housing options.

What is the current condition of the units and what improvements have been made recently?
The property is in good condition overall, with two units having recent upgrades including split system air conditioning installed in 2024 and renovated kitchens, while the other two are in original condition with cosmetic improvements needed to maximise rental income.
What is the potential rental income and growth prospects for this property?
The current rental return is below market value, and with some cosmetic upgrades, rental income could be significantly increased. A formal rental appraisal is available upon request.
Are there any planning or zoning restrictions affecting development or renovation?
The property is situated on a medium-density development site, suitable for further development or renovation, subject to council approvals. Specific zoning details can be confirmed with local authorities.
What are the ongoing costs associated with owning this property?
Ongoing costs include council rates, body corporate fees (if applicable), maintenance, and insurance. Detailed cost estimates can be provided upon request.
Is there any potential for future development or subdivision on this site?
Given its medium-density zoning and size, there may be potential for development or subdivision, subject to council approval. Further investigation with local planning authorities is recommended.
Are there any existing easements, covenants, or planning restrictions on the property that could affect future development or renovation plans? What are the total annual costs including council rates, body corporate fees, and maintenance? Are there any known issues with the property's structure, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any upcoming council or community developments in the area that could impact the property's value or livability? What are the terms of the current leases, and when are they due for renewal? Are there any strata or body corporate arrangements, and what are the associated fees and rules? Has the property been inspected recently for pests or other defects? Are there any restrictions on pet ownership within the complex? What are the options for future development or subdivision, and what approvals are required?

1-4/31 Arnold Street, Holland Park, Qld 4121 - More Details

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This unit complex on a 607m2 block offers an engaging investment opportunity. It encompasses two, 2 bedroom and two 1 bedrooms units all with single car accommodation on a medium density development site.

The property is a solid brick construction in good condition. 2 of the units have had improvements in the last few years, 2 are in original condition and with some cosmetic improvements and a little investment the rental return could be dramatically increased.

There is a good-sized garden at the rear of the property which all the units share the use of.

The opportunity consists of:
Unit 1 - 2-bedroom unit at the front of the property, 2 large bedrooms, small balcony, bathroom with separate toilet, washing machine connection, lounge and kitchen, single car garage.

Unit 2 - 2 bedroom unit, shower room with toilet and washing machine connection, lounge and renovated kitchen, single car garage, split system air conditioning installed in 2024, hybrid timber plank flooring.

Unit 3 - 1 bedroom unit, shower room with separate toilet, lounge and updated kitchen, single car garage, split system air conditioning in lounge and bedroom, installed 2024, hybrid timber plank flooring.

Unit 4 - 1 bedroom unit, shower room with separate toilet, lounge and kitchen with washing machine and dishwasher connection. 1 carport at back of property, split system air-conditioning installed in 2024.

The current rental return is below market value – full details and a formal rental appraisal is available on request.

Located close to local facilities including Garden City shopping centre and public transport with local schools, shops and parks at the end of the street this is an opportunity that should not be missed.

Don't wait - contact us for more information - 607m2, 4 units, huge potential!

The seller reserves the right to accept any contract prior to the best offer closing date which is Wednesday 27th May 2026 @ 5pm
Type
Block Of Units
Bedrooms
6
Bathrooms
4
Parkings
4
Area
604 m²

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