FOR SALE
Offers Over $599,000

54 Workshops Street
Brassall QLD 4305

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 179m2
Land area: 610m2
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LUCRATIVE INVESTMENT IN ULTRA CONVENIENT LOCATION

If you are looking for a lucrative investment property that is at an affordable price point in a fantastic location where you or your very lucky tenants have access to every possible amenity that they you could ever want or need within walking distance? Well search no further as you have just found it.
Constructed in 1980, this fantastic high set home offers two levels of living and multiple multi-purpose spaces and has just had a minor facelift with VJ Panel and new paint to the entire upper level of the home.
Upon entering the home and heading upstairs via the internal staircase you come straight into the air conditioned and light filled lounge and dining room of the home which has beautiful hardwood timber floor that continue right through the upper level of the home.
The heart of the home is where you'll find the kitchen. It offers a large galley style kitchen with a good amount of bench space for meal prepping, a generous amount of cupboard space above and bellow bench, an electric stove and oven, double door pantry and fridge space. The kitchen looks out over the fantastic backyard and is directly next to the dining room but also has easy access to the back deck which has an external staircase leading down to the backyard, so entertaining is a breeze.
Offering two great sized bedrooms, all of which have window air conditioners, the same beautiful hardwood floors and two of the three bedrooms have built-in robes. All three bedrooms are serviced by the centrally located main bathroom which features a single vanity, separate shower and bath and a toilet located adjacent to the bathroom. There is also a large three door linen cupboard located in the main hallway.
Heading downstairs you'll find a second living room that can be whatever type of space you need it to be, a media room, a games room for children or adults, your mind can run wild. The garage spaces have been closed in and lined to make the perfect home office set up or additional multipurpose spaces or a fourth bedroom (not legal height) for adult children or elderly parents who want to have the security and comfort of living under the same roof as family and could even potentially share the mortgage. There is a second bathroom downstairs with a large open shower with assistance rails, single vanity and toilet. The laundry is also located in the second bathroom.
Situated on a fully fenced 610sqm that offers rear yard access and has plenty of space for kids and pets to run and play in the safety of your backyard. There is also enough space for a shed to house your prized vehicles, boats or caravan or you could install a pool, the choice is completely yours!
For the savvy investor looking to further increase their rental portfolio or looking for their first, the property is currently tenanted with fantastic tenants paying $520 per week until the 3/03/2025 which guarantees you a steady income stream to help cover the mortgage.
Ipswich Council Rates: $630 per quarter (subject to change)
Water Charges: $224 per quarter plus consumption (subject to change)
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Property Details for 54 Workshops St, Brassall

54 Workshops St, Brassall is a 3 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 610m2 and floor size of 179m2. The place is currently for sale with NGU Real Estate.

Building Type
House
Year Built
1980
Floor Size
179m2
Land Size
610m2

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About Brassall 4305

The size of Brassall is approximately 8.2 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Brassall in 2011 was 9,245 people. By 2016 the population was 10,902 showing a population growth of 17.9% in the area during that time. The predominant age group in Brassall is 20-29 years. Households in Brassall are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brassall work in a trades occupation. In 2011, 56.1% of the homes in Brassall were owner-occupied compared with 50.5% in 2016.

Brassall has 5,705 properties. Over the last 5 years, Houses in Brassall have seen a 86.67% increase in median value, while Units have seen a 48.21% increase. As at 31 August 2024:

  • The median value for Houses in Brassall is $673,041 while the median value for Units is $378,111.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 45 properties listed for sale, and 17 properties listed for rent in Brassall on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Brassall.

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Steve Athanates
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Corey Athanates
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NGU Real Estate
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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.