FOR SALE
Offers from $599,000

63 Maple Drive
Andergrove QLD 4740

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 111m2
Land area: 1390m2
Improve this data
Contact Agent
Message
Show contact details
Call agent
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Huge Potential on 1390 sqm Block

Investors, take note! This property at 63 Maple Drive offers an exceptional opportunity with strong rental returns and development potential on a sprawling 1390 sqm block. Currently tenanted at $400 per week, the property has a market rental appraisal of $700 per week, presenting immediate uplift potential.
The sleek, modern kitchen boasts an electric stovetop and oven, offering a fresh and functional space that tenants will love. The spacious living room, equipped with a split-system air conditioner, ensures year-round comfort. The home features three bedrooms, with the master bedroom offering the added comfort of a box air conditioner. For added convenience, the laundry includes built-in cabinets, providing ample storage. The recently renovated bathroom offers a generous shower area, while the separate toilet adds practicality to the layout.
What truly sets this property apart is the enormous 1390 sqm block, offering more than just open space. With room to build a second dwelling (subject to council approval), there's massive potential to significantly increase rental income or maximize resale value.
Additional features include:
- Two spacious sheds: one measuring 15.5m x 6.5m and another at 6m x 6m, ideal for storage or future projects.
- Long-term tenants in place for 3 years, ensuring consistent rental income.
- Last rent increase in April 2022, offering room for a rent review to reflect the current market value.
Whether you're looking to capitalise on the existing rental market or develop further to maximise your return, 63 Maple Drive is a rare find that ticks all the right boxes. Don't miss this opportunity to secure a high-potential investment property with space to grow!
For more details or to arrange a viewing, contact Nikita on 0401 928 281 today.
Disclaimer:
See More

Property Details for 63 Maple Dr, Andergrove

63 Maple Dr, Andergrove is a 3 bedroom, 1 bathroom House with 8 parking spaces. The property has a land size of 1390m2 and floor size of 111m2. The place is currently for sale with RE/MAX Select.

Building Type
House
Floor Size
111m2
Land Size
1390m2

Commute Calculator

About Andergrove 4740

The size of Andergrove is approximately 8.5 square kilometres. It has 23 parks covering nearly 8.8% of total area. The population of Andergrove in 2011 was 9,372 people. By 2016 the population was 9,433 showing a population growth of 0.7% in the area during that time. The predominant age group in Andergrove is 0-9 years. Households in Andergrove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Andergrove work in a trades occupation. In 2011, 65% of the homes in Andergrove were owner-occupied compared with 61.1% in 2016.

Andergrove has 4,511 properties. Over the last 5 years, Houses in Andergrove have seen a 59.38% increase in median value, while Units have seen a 72.34% increase. As at 31 August 2024:

  • The median value for Houses in Andergrove is $510,962 while the median value for Units is $334,067.
  • Houses have a median rent of $560 while Units have a median rent of $430.
There are currently 40 properties listed for sale, and 13 properties listed for rent in Andergrove on OnTheHouse. According to CoreLogic's data, 279 properties were sold in the past 12 months in Andergrove.

Andergrove Profile Page

Suburb Insights for Andergrove 4740

Visit Andergrove profile page
Market Insights
Andergrove Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Andergrove Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Andergrove profile page
Contact agent
Nikita Kinnane
Show contact details
Call agent
RE/MAX Select
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED