FOR SALE
$279,000

7-8/1234 Jnction Road
Morningside QLD 4170

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Exceptional Investment Opportunity: Rental Income in a Secure Over-55s Community

Discover a rare investment chance in the serene and secure Westminster House Morningside—a sought-after over-55s community offering a relaxed, low-care lifestyle. This property features a single lot with two individual units in a well-established retirement village, just a few kilometers from Brisbane CBD.
Westminster House Morningside provides single villas with private courtyards. Each unit includes a combined living and dining area, a spacious bedroom, a generous ensuite bathroom, built-in wardrobes, and air-conditioning.
Owning this single lot with two units is an excellent opportunity to enhance your investment portfolio with a low-risk asset. Both units share a single land lot, which means you benefit from reduced rates, water costs, and body corporate fees.
Conveniently located just 15 minutes from Brisbane CBD, with a bus stop at the door and shops and doctors only 300 meters away. Plus, you're close to the Gateway Bridge.
For more information and to arrange a private inspection, please contact us.

Property Details for 7-8/1234 Jnction Road, Morningside

7-8/1234 Jnction Road, Morningside is a 2 bedroom, 2 bathroom ServicedApartment. The place is currently for sale with Tim Altass Real Estate.

Building Type
ServicedApartment

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About Morningside 4170

The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.

Morningside has 6,468 properties. Over the last 5 years, Houses in Morningside have seen a 82.44% increase in median value, while Units have seen a 76.38% increase. As at 31 October 2024:

  • The median value for Houses in Morningside is $1,432,629 while the median value for Units is $805,024.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 25 properties listed for rent in Morningside on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Morningside.

Suburb Insights for Morningside 4170

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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.