FOR SALE
$499,000

5 Karangi Street
Rasmussen QLD 4815

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 593m2
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It's Like Having 2 Investment Properties For The Price Of One!

Calling all INVESTORS. Do you want the maximum return on your investment? It doesn't get any better than this! 2 rental returns under the one roof.
Two rentals for the price of One! Set on a family friendly 593m2 block, this fabulous property is a great rental property for the astute investor.
Upstairs, gorgeous hardwood timber floors flow throughout the main living areas of this home for a classic sense of style and the space is huge! Perfect for the largest of families, you can keep cool year round thanks to the split system air conditioning.
The kitchen has plenty of space for storage and is positioned perfectly to service the dining room and entertaining on the deck.
All three bedrooms feature the same beautifully polished hardwood floors and the main bedroom has a large built-in wardrobe.
The family bathroom features a shower and tub for the kids.
This is currently tenanted at $360 per week!
Downstairs is another multi-purpose room with a walk-through office, large living area, another kitchen and another bathroom! This is currently tenanted at $320 per week.
With a current combined rental income of $680 per week, you better be quick!

Property Details for 5 Karangi St, Rasmussen

5 Karangi St, Rasmussen is a 3 bedroom, 2 bathroom House. The property has a land size of 593m2. The place is currently for sale with Cutting Edge property.

Building Type
House
Land Size
593m2

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About Rasmussen 4815

The size of Rasmussen is approximately 5.5 square kilometres. It has 9 parks covering nearly 8.9% of total area. The population of Rasmussen in 2011 was 4,264 people. By 2016 the population was 4,484 showing a population growth of 5.2% in the area during that time. The predominant age group in Rasmussen is 0-9 years. Households in Rasmussen are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rasmussen work in a community and personal service occupation. In 2011, 54.4% of the homes in Rasmussen were owner-occupied compared with 51.6% in 2016.

Rasmussen has 2,120 properties. Over the last 5 years, Houses in Rasmussen have seen a 112.51% increase in median value, while Units have seen a 71.95% increase. As at 30 September 2024:

  • The median value for Houses in Rasmussen is $432,493 while the median value for Units is $320,578.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Rasmussen on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in Rasmussen.

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