FOR SALE
Offers over $1,050,000 inspection by appointment

862 South Pine Road
Everton Park QLD 4053

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 408m2
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Inspections by Appointment Only Saturday Afternoons.

Attention investors! A prime opportunity awaits at 862 South Pine Road, a purpose-built duplex offering an exceptional return on investment. Marketed exclusively by Justin Hicks, this property features an over-and-under duplex with a three-bedroom, two-bathroom unit upstairs and a two-bedroom, one-bathroom unit downstairs. With a potential rental income of over $1,000 per week, this property is an ideal addition to any investor's portfolio.
Property Highlights
- Upstairs Unit: A spacious three-bedroom, two-bathroom unit currently rented for $550 per week until 10/08/2024, with a rental appraisal of $600-$625 per week. This unit includes three living areas, modern finishes, and a secure double garage.
- Downstairs Unit: A well-appointed two-bedroom, one-bathroom unit currently rented for $385 per week until 04/11/2024, with a rental appraisal of $425-$450 per week. This unit offers a private entrance and ample living space, perfect for attracting quality tenants.
Investment Benefits:
- High Rental Yield: Achieve a robust rental return exceeding $1,000 per week, providing a steady income stream and helping to offset mortgage repayments.
- Separate Entrances: Each unit has its own entrance, ensuring privacy and independence for tenants, which enhances tenant satisfaction and retention.
- Quality Finishes: Both units feature modern, high-quality finishes that attract premium tenants and reduce maintenance costs.
- Ample Parking: The property includes a remote double garage with rear garden access for the upstairs unit, street parking options for the downstairs unit.
- Convenient Location: Situated near local schools, the CBD, and Everton Park Plaza, this property is in a desirable location that appeals to a broad range of tenants.
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Property Details for 862 South Pine Rd, Everton Park

862 South Pine Rd, Everton Park is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 408m2. The place is currently for sale with Hicks Real Estate.

Building Type
House
Land Size
408m2

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About Everton Park 4053

The size of Everton Park is approximately 4.4 square kilometres. It has 16 parks covering nearly 8.1% of total area. The population of Everton Park in 2011 was 8,325 people. By 2016 the population was 8,870 showing a population growth of 6.5% in the area during that time. The predominant age group in Everton Park is 20-29 years. Households in Everton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Everton Park work in a professional occupation. In 2011, 66.9% of the homes in Everton Park were owner-occupied compared with 61% in 2016.

Everton Park has 5,311 properties.

    There are currently 28 properties listed for sale, and 13 properties listed for rent in Everton park on OnTheHouse. According to CoreLogic's data, 292 properties were sold in the past 12 months in Everton park.

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    Justin Hicks
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    Ian Weaving
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