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Address

58 Trout Street, Ashgrove, QLD 4060

Investment Strategy

Renovator

Development Timeline

17/05/2023
Property Purchased
$1,215,000
05/07/2024
Property Sold
$3,700,000
See what it looks like today

Rental Insights

Unleash the true earning power of your property with Stash Property. Whether it’s capitalising on the flexibility of short-term platforms like Airbnb, securing stable income with long-term tenants, or maximizing space with individual room leases, Stash analyses every option to pinpoint the most lucrative path for your specific property. With Stash, maximising your potential yield is no longer a gamble, it’s a well-calculated strategy.

Source: stashproperty.com.au

Development Stats

2024

Year of Development

415

days held

2.4

Gross Profit

About the Property

Welcome to ‘Canopy’ – Unmatched Modern Luxury!

58 Trout Street, Ashgrove

* High-quality appliances and luxurious finishes
* Private in-ground swimming pool with pool pavilion
* Meticulously crafted living and entertainment spaces
* Ithaca Creek State School & Kelvin Grove College catchment
* Short drive to Brisbane Grammar and Stuartholme
* Inspections by appointment – Call 24hrs

Experience the allure of elegance and opulence in this meticulously crafted luxury residence. Every detail has been carefully considered to ensure an unparalleled level of comfort and style. Amidst its modern grandeur, subtle touches of character shine through – a testament to the home’s heritage, adding warmth and charm.

Discover the primary entertainment areas, thoughtfully positioned on the ground floor, where the living room exudes a cozy ambience under soaring 3m ceilings, enhanced by a gas cantilever fireplace and abundant natural light flooding through generous windows. A sleek floor-to-ceiling glass wine cellar adds sophistication, epitomising the perfect fusion of style.

The gourmet kitchen stands as a masterpiece of design and functionality, boasting 50mm Bianco Carrara benchtops, dual pyrolytic Smeg ovens, a contemporary Pitt cooktop, and a Schweigen range hood. The integrated Ilve side-by-side fridge/freezer and Smeg dishwashers ensure a seamless finish, while the adjacent wet butler’s pantry provides a discreet space for tidying up during gatherings, maintaining the kitchen’s pristine allure.

Outdoor entertaining is effortlessly elevated on the undercover deck, featuring a built-in natural gas 6-burner BBQ, micro-cement countertop, stylish cabinetry, and a bar fridge. Enhanced with an outdoor fan and abundant space for dining and lounging furniture, this space beckons to be enjoyed for alfresco gatherings and leisurely moments.

A conveniently situated guest bedroom on the ground level, complete with a dual entry ensuite, ensures a seamless and comfortable stay for loved ones. The versatility of the secondary downstairs bedroom offers endless possibilities to accommodate your family’s changing requirements. Whether you imagine a sunlit home office with its boxed bay window or a cozy media room for unwinding in the evenings, this space showcases limitless potential.

Upstairs, unveil the remaining three bedrooms, including the master suite, adorned with a custom walk-in robe and ensuite featuring dual showers, dual sinks, and an inviting, rounded freestanding bath. The ensuite toilet is discreetly tucked away behind fluted glass, while an intimate, private balcony seamlessly extends from this luxurious bathroom, offering an exclusive sanctuary with a lush outlook.

Further enhancing the upper level of the home is a secondary lounge, offering an idyllic space for relaxation. The main, upstairs bathroom beckons with its own freestanding bath, walk-in shower, and dual sinks. Step outside onto the breezy balcony, seamlessly connecting to both the master bedroom and living area, providing a serene setting for savouring morning coffees or evening sunsets.

Situated just 4kms from the CBD, this property offers a lifestyle of comfort and accessibility. Ashgrove is renowned for its prime location, excellent educational options, parks, and recreational spaces. Enjoy the convenience of local shops, cafes, and community initiatives. Located within the catchment area of Ithaca Creek State School and Kelvin Grove College, you are positioned a short drive to prestigious schools including Brisbane Grammar, Marist College, Mt St Michael’s, and Stuartholme.

Experience the ultimate blend of style and functionality at 58 Trout Street. This is more than a home – it’s a lifestyle statement with attention to detail at every turn.

From the realestate.com.au listing

Source: stashproperty.com.au

About the Suburb

Ashgrove, QLD 4060, is a vibrant suburb with a population of 13,450 residents. The demographic profile skews towards families and professionals, with a significant proportion of residents aged between 5 to 19 years and 45 to 64 years. The suburb offers a diverse range of occupations, with a high number of professionals and managers. Residents enjoy a high level of educational advantage, as indicated by the ICSEA percentile. Commuting preferences vary, with a notable percentage working from home. The suburb boasts good access to public transport, with a preference for motor vehicle commute.

Ashgrove presents itself as a promising investment opportunity, with a median growth rate of 8.7% for houses and 1.8% for units. The market absorption rate is high, suggesting a strong demand for properties. The suburb has a low vacancy rate, indicating a stable rental market. The room demand-supply ratio is favourable, making it attractive for property developers or investors looking to rent out rooms.

Ashgrove, QLD 4060, offers a desirable lifestyle for families and professionals alike, with a strong sense of community and access to quality educational opportunities. The suburb’s property market shows positive growth trends, making it an appealing option for both homebuyers and investors. With a diverse demographic profile and solid investment indicators, Ashgrove stands out as a suburb worth considering for those seeking a mix of livability and potential financial gains.

Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Suburb Median
Vacancy Rate
Sales Volume

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