23 Essex Street
Virginia
- 5 Beds
- 3 Baths
- 2 Cars
- 810m2
Versatile Queenslander with strong returns and future potential
Why you’ll love it:
Set on a generous 810sqm in one of Virginia’s most gentrified pockets, this Queenslander offers timeless character and excellent investment appeal. With high ceilings, a built-in verandah, and polished timber floors, it blends classic features with immediate liveability and rental income security.
Currently configured as three separate flats and fully tenanted until mid-2026, this property generates $1,325 per week—giving you the freedom to plan a future renovation or redevelopment without financial pressure. Whether you’re seeking a high-performing asset or a long-term family home site, this one delivers both options.
Best suited for:
Buyers seeking a blend of classic charm and modern opportunity - whether to land bank, invest, renovate, or develop in a high-growth suburb.
Price Guide
Sold for $1,611,000.00
Sold Date
17th July
Versatile Queenslander with strong returns and future potential
Property Features
- Quiet and flood-free Virginia street lined with new builds
- Classic Queenslander style with charming street presence
- 810sqm block with subdivision or extension potential
- High ceilings and timber floors create airy, warm interiors
- Light-filled living spaces with built-in verandah charm
- Functional kitchens with gas cooking in each flat
- Five well-proportioned bedrooms across three flats
- Three neat bathrooms, one for each residence
- Separate outdoor areas for all three dwellings
- Large yard exclusively for the main upper-level residence
- Solid rental income of $1,325/week until mid-2026
- Annual return exceeding $68,000
- Air conditioning for year-round comfort
- Attractive gentrified setting with easy growth prospects
- Off-street parking for two+ vehicles
Property Features
- Quiet and flood-free Virginia street lined with new builds
- Classic Queenslander style with charming street presence
- 810sqm block with subdivision or extension potential
- High ceilings and timber floors create airy, warm interiors
- Light-filled living spaces with built-in verandah charm
- Functional kitchens with gas cooking in each flat
- Five well-proportioned bedrooms across three flats
- Three neat bathrooms, one for each residence
- Separate outdoor areas for all three dwellings
- Large yard exclusively for the main upper-level residence
- Solid rental income of $1,325/week until mid-2026
- Annual return exceeding $68,000
- Air conditioning for year-round comfort
- Attractive gentrified setting with easy growth prospects
- Off-street parking for two+ vehicles
23 Essex Street
