FOR SALE
Offers Over $1,100,000

44 Wilga Street
Wacol QLD 4076

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
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Positive Cashflow Residential Property Investment

An exceptional investment opportunity in Wacol and only 950m to Wacol Train Station.
This one year old fully furnished five bedroom single storey rooming house on 405m2. Each room is complete with living with kitchenette, bathroom, air conditioned bedroom and private landscaped courtyard. The common area includes a full kitchen with oven, cooktop and rangehood and laundry facilities with 2 x WM. The property has 13kw solar system installed for energy efficiency. The property presents an exciting proposition for the savvy investor.
Certified as a Class 1b dwelling gives the right to lease each rooms individually, ideal for tenants that are looking for single occupancy spaces with modern, high quality furniture with utilities included. Currently fully leased the property is returning an impressive $1790 per week.
Features:
- Five individual living spaces comprising, bedroom, bathroom and internal and external living space
- Communal laundry and full-size kitchen
- Abundance of natural light, neutral colour tones and quality finishes throughout
- Air conditioning, electric hot water system and 13kw solar system
- Certified as a Class 1b dwelling allowing each room to be leased individually
- Smart door locks on front door and individual rooms providing for keyless access and remote management
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Property Details for 44 Wilga St, Wacol

44 Wilga St, Wacol is a 5 bedroom, 5 bathroom BlockOfUnits with 2 parking spaces. The place is currently for sale with YSH PRoperty.

Building Type
BlockOfUnits

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About Wacol 4076

The size of Wacol is approximately 18.2 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Wacol in 2011 was 2,957 people. By 2016 the population was 3,774 showing a population growth of 27.6% in the area during that time. The predominant age group in Wacol is 20-29 years. Households in Wacol are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wacol work in a trades occupation. In 2011, 61.3% of the homes in Wacol were owner-occupied compared with 45.4% in 2016.

Wacol has 710 properties. Over the last 5 years, Houses in Wacol have seen a 143.88% increase in median value, while Units have seen a 46.67% increase. As at 31 October 2024:

  • The median value for Houses in Wacol is $700,198 while the median value for Units is $467,446.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Wacol on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Wacol.

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Dean Parker
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YSH PRoperty
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