FOR SALE
Sold by Marley & Marvin

1-4/12 Dorothy Street
Strathpine QLD 4500

Bedrooms: 7
Bathrooms: 4
Car spaces: 11
Land area: 804m2
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Another one SOLD by Marley and Marvin

Investors, here’s your chance to acquire a solid, well-maintained multi-unit property in the thriving suburb of Strathpine. Situated on the sought-after Dorothy Street, this complex feature four fully tenanted units, delivering strong rental returns and long-term growth potential in a market with consistent demand.
Property Configuration:
• Unit 1: 1 Bedroom, 1 Bathroom, 1 Car Garage + 1 Car Park
• Unit 2: 2 Bedrooms, 1 Bathrooms, 1 Car Garage + 1 Car Park
• Unit 3: 2 Bedrooms, 1 Bathrooms, 2 Car Garage + 1 Car Park
• Unit 4: 2 Bedrooms, 1 Bathrooms, 1 Car Garage + 1 Car Park
• Storage space: Single storage bay 2.8m x 4.8m
Investor Highlights:
• Well-Maintained: This complex has been consistently well-maintained, minimizing immediate capital expenditure and providing a hassle-free investment experience. All units are in excellent condition, with renovations done circa 10 years ago plus regular upkeep.
• Strong Rental Demand: Strathpine remains a highly desirable rental area, with its mix of suburban charm and easy access to public transport, shopping, and schools. This property provides a stable income stream with strong occupancy.
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Property Details for 1-4/12 Dorothy St, Strathpine

1-4/12 Dorothy St, Strathpine is a 7 bedroom, 4 bathroom BlockOfUnits with 11 parking spaces. The property has a land size of 804m2. The place is currently for sale with ARENA Property Agents.

Building Type
BlockOfUnits
Land Size
804m2

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About Strathpine 4500

The size of Strathpine is approximately 7.2 square kilometres. It has 27 parks covering nearly 17.8% of total area. The population of Strathpine in 2011 was 9,276 people. By 2016 the population was 9,512 showing a population growth of 2.5% in the area during that time. The predominant age group in Strathpine is 30-39 years. Households in Strathpine are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Strathpine work in a clerical occupation. In 2011, 73.1% of the homes in Strathpine were owner-occupied compared with 71.5% in 2016.

Strathpine has 4,875 properties. Over the last 5 years, Houses in Strathpine have seen a 78.44% increase in median value, while Units have seen a 93.08% increase. As at 31 October 2024:

  • The median value for Houses in Strathpine is $741,275 while the median value for Units is $543,240.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 45 properties listed for sale, and 27 properties listed for rent in Strathpine on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Strathpine.

Suburb Insights for Strathpine 4500

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Marley Pollock
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Marvin Wong
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ARENA Property Agents
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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.