FOR SALE
$209,000

5/28 Granville Terrace
Granville QLD 4650

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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PREMIUM INVESTMENT OPPORTUNITY WITH APPROXIMATELY 8% GROSS RETURN

Here's the perfect option for purchasers seeking a neat and tidy investment opportunity.
The property features a two bedroom unit with a well sized internal living space & the layout includes:
* Two good sized bedrooms.
* Open plan living space incorporating lounge, kitchen & dining.
* Bathroom with shower over bath facility plus laundry space.
* Kitchen in good condition with ample bench & storage space.
* Security screens & ceiling fans throughout.
* Single carport providing a covered parking space.
The unit is well located and in close proximity to parklands, school, convenience store & local shops.
A long term tenant is in place and the unit is showing a gross return of approximately 8% on the asking price.
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Property Details for 5/28 Granville Tce, Granville

5/28 Granville Tce, Granville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with Ray White Maryborough.

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House

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About Granville 4650

The size of Granville is approximately 11.8 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Granville in 2011 was 2,689 people. By 2016 the population was 2,717 showing a population growth of 1.0% in the area during that time. The predominant age group in Granville is 60-69 years. Households in Granville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Granville work in a trades occupation. In 2011, 66.8% of the homes in Granville were owner-occupied compared with 63.7% in 2016.

Granville has 1,351 properties. Over the last 5 years, Houses in Granville have seen a 84.13% increase in median value, while Units have seen a 43.48% increase. As at 31 October 2024:

  • The median value for Houses in Granville is $393,752 while the median value for Units is $290,059.
  • Houses have a median rent of $450 while Units have a median rent of $190.
There are currently 21 properties listed for sale, and 1 property listed for rent in Granville on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Granville.

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Richard Fox
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Guy Meredith
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Ray White Maryborough
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