FOR SALE
Offers over $299,000

10/4-6 Olive Street
Manoora QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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INVESTMENT - PRIVATE, MODERN FIRST FLOOR APARTMENT

Fusion on Olive Street. This stylish, modern apartment is located on the first floor in a peaceful yet convenient setting, just moments from Raintree's Shopping Centre and local schools. It offers two spacious, air-conditioned bedrooms, each with built-in wardrobes and plush carpeting. The light-filled open-plan living area features elegant tiled flooring throughout, creating a bright and airy feel.
The contemporary kitchen is perfect for entertaining, seamlessly extending to a generously sized, private front balcony. This outdoor space provides a leafy, tranquil outlook to the quiet street, ideal for relaxing or hosting guests.
The apartment also includes a bathroom with a bathtub and shower, as well as an internal laundry with a dryer. For added convenience, there is exclusive use car parking and a private lock-up storeroom downstairs. Residents can also enjoy access to a tropical pool area. The current tenant keeps the apartment in immaculate condition and has been in place for about 10 years; paying $330 p.w. Rental appraisal is $375 - $430p.w. Lease expires August 2025. The body corporate fees are: $5,048 per year. 20% discount for on time payment which makes it: $4,038 per year. Heathy sinking fund balance of $99,605.

Property Details for 10/4-6 Olive St, Manoora

10/4-6 Olive St, Manoora is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with PROFESSIONALS EDGE HILL.

Building Type
Apartment

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About Manoora 4870

The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2011 was 5,688 people. By 2016 the population was 6,032 showing a population growth of 6.0% in the area during that time. The predominant age group in Manoora is 0-9 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation. In 2011, 34.8% of the homes in Manoora were owner-occupied compared with 32% in 2016.

Manoora has 3,157 properties. Over the last 5 years, Houses in Manoora have seen a 61.80% increase in median value, while Units have seen a 99.50% increase. As at 31 October 2024:

  • The median value for Houses in Manoora is $505,557 while the median value for Units is $311,853.
  • Houses have a median rent of $465 while Units have a median rent of $420.
There are currently 34 properties listed for sale, and 9 properties listed for rent in Manoora on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Manoora.

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