FOR SALE
$2,300,000

688 Bruce Hwy
Woree QLD 4868

Bedrooms: 12
Bathrooms: 12
Car spaces: 12
Land area: 1834m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Full Complex | High Yielding Investment Opportunity

'The Ray Murphy Team' proudly welcomes to the market this exceptional investment opportunity in a highly sought-after location! This solid, red brick complex features a total of 12 units, including 6 spacious one-bedroom apartments and 6 cozy one-bedroom townhouses. Spread across two buildings, this property offers a unique opportunity with the potential for impressive returns.
The front building comprises 6 one-bedroom townhouses, with both the bedroom and bathroom upstairs and living space downstairs. For easy access, the carport is positioned at the front of each townhouse.
The rear building features 6 spacious one-bedroom units, sprawled across two levels.
Set on a generous 1,834m² parcel of land, the complex offers an array of amenities, including a communal laundry facility, 12 undercover car parks, and a fully fenced property with an electric gate for added security.
Conveniently located within proximity to public transport, a variety of public and private schools, shopping centres, and dining options, this city-fringe location also offers easy access to major highways, business districts, and beautiful parks.
This complex presents an incredible investment opportunity with a strong rental history and high demand in the area. Whether you're an experienced investor or looking to expand your portfolio, this property promises consistent income and potential for future appreciation.
Don't miss out on this rare chance to own a turn-key investment property. Contact 'The Ray Murphy Team' today to register your interest!
A full information memorandum is available upon request.
Tender Closing: 30th August 2024 @ 12:00 PM.
Disclaimer: Photographs have been edited to remove the tenants personal belongings and may not show the accurate condition of the property.
See More

Property Details for 688 Bruce Hwy, Woree

688 Bruce Hwy, Woree is a 12 bedroom, 12 bathroom BlockOfUnits with 12 parking spaces. The property has a land size of 1834m2. The place is currently for sale with Ray White Cairns.

Building Type
BlockOfUnits
Land Size
1834m2

Commute Calculator

About Woree 4868

The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.

Woree has 2,885 properties. Over the last 5 years, Houses in Woree have seen a 58.08% increase in median value, while Units have seen a 85.22% increase. As at 31 August 2024:

  • The median value for Houses in Woree is $499,989 while the median value for Units is $241,541.
  • Houses have a median rent of $515 while Units have a median rent of $370.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Woree.

Woree Profile Page

Suburb Insights for Woree 4868

Visit Woree profile page
Market Insights
Woree Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Woree Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Woree profile page
Contact agent
Ben Keene
Show contact details
Call agent
Ray Murphy
Show contact details
Call agent
Ray White Cairns
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED