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 1,089 properties. Over the last 5 years, Houses in Middlemount have seen a 47.92% increase in median value, while Units have seen a 43.77% increase. As at 30 November 2024:

  • The median value for Houses in Middlemount is $173,945 while the median value for Units is $181,822.
  • Houses have a median rent of $395 while Units have a median rent of $350.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Middlemount on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Middlemount.

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