FOR SALE
11% return: $189,500

1/10 Prince Place
Middlemount QLD 4746

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Modern 2-bed Apartment with 11% yield

This quality ground floor apartment in the Oaks Suites, Middlemount is perfectly positioned in the centre of town.
The apartment consists of 2 bedrooms, 2 bathrooms, lounge & dining rooms and laundry facilities, alongside full kitchen facilities.
This apartment allows tenants to live a modern lifestyle in comfort. Well-lit and beautifully maintained, there is an abundance of natural light providing an ideal environment to live.
Cooling is a breeze with air-conditioning and fans located throughout the entire apartment providing comfort for all guests. It is a winning investment!
The lush green grass, gardens, BBQ area and the sparkling in-ground swimming pool are beautifully maintained by Oaks Suites allowing tenants to entertain and cool down after a long work day.
The apartment is currently leased by a local company at $400 per week, with a lease until 27th August 2025.
Body Corporate fees are $1250 and Council Rates are $926.52, each per quarter.
To discuss this excellent investment opportunity, call or email Rachel at:
Middlemount Real Estate on 0427 967 659 or admin@mmrealestate.com.au

Property Details for 1/10 Prince Pl, Middlemount

1/10 Prince Pl, Middlemount is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Onsite Property.

Building Type
Apartment

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About Middlemount 4746

The size of Middlemount is approximately 503.7 square kilometres. It has 6 parks covering nearly 0.2% of total area. The population of Middlemount in 2011 was 1,914 people. By 2016 the population was 1,831 showing a population decline of 4.3% in the area during that time. The predominant age group in Middlemount is 30-39 years. Households in Middlemount are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Middlemount work in a machinery operators and drivers occupation. In 2011, 2.8% of the homes in Middlemount were owner-occupied compared with 3.6% in 2016.

Middlemount has 1,086 properties. Over the last 5 years, Houses in Middlemount have seen a 44.94% increase in median value, while Units have seen a 75.73% increase. As at 31 October 2024:

  • The median value for Houses in Middlemount is $176,312 while the median value for Units is $177,196.
  • Houses have a median rent of $395 while Units have a median rent of $350.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Middlemount on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Middlemount.

Suburb Insights for Middlemount 4746

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Rachel Busst
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Onsite Property
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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.