28 Donald RoadQueanbeyan NSW 2620
Property Details for 28 Donald Rd, Queanbeyan
28 Donald Rd, Queanbeyan is a 8 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 8 bedroom BlockOfUnits sold in Queanbeyan in the last 12 months.
Last Listing description (September 2024)
LJ Hooker Queanbeyan | Jerrabomberra | Googong is delighted to present for sale this rare opportunity to secure an entire complex of 8 units.
Located in a prime location only a short walk to the centre of Queanbeyan and arterial roads leading to Canberra.
Neat single storey complex on single title comprising of 8 x 1-bedroom units all with internal laundry facilities and allocated carports.
All units occupied and fully tenanted by long term tenants. This property is under a single title and not bound by strata fees.
Level parcel of land comprising 1,700m� in total with potential for future strata subdivision and each unit with own private courtyard an option. (Subject to Q.P.R.C approval.)
Tenancies:
Unit 1 leased at $300 per week
Unit 2 leased at $300 per week
Unit 3 leased at $300 per week
Unit 4 leased at $300 per week
Unit 5 leased at $300 per week
Unit 6 leased at $300 per week
Unit 7 leased at $300 per week
Unit 8 leased at $300 per week
Estimated Total Gross Income:
$124,800.00
Estimated Annual Expenses:
QPRC Rates $7,000.00
Rental Agent Fees $8,663.00
Insurance Costs $2,000.00
TOTAL= $17,663.00
Estimated Nett Income:
$107,137.00
Estimated Potential Income Yield:
Purchased at $1.795 million = 6% Nett
NO BODY CORPORATE FEES - SINGLE TITLE
Ideal for Self-Managed Super Fund or astute investor. Contact our office today to obtain an investment report or to schedule an inspection.
Property History for 28 Donald Rd, Queanbeyan, NSW 2620
- 05 Sep 2024Sold for $1,720,000
- 18 Jun 2024Listed for Sale Sold
- 17 Feb 2011Listed for Rent - Price not available
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0About Queanbeyan 2620
The size of Queanbeyan is approximately 2.8 square kilometres. It has 14 parks covering nearly 15.1% of total area. The population of Queanbeyan in 2011 was 5,783 people. By 2016 the population was 6,254 showing a population growth of 8.1% in the area during that time. The predominant age group in Queanbeyan is 20-29 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation. In 2011, 55.1% of the homes in Queanbeyan were owner-occupied compared with 48.6% in 2016.
Queanbeyan has 4,109 properties. Over the last 5 years, Houses in Queanbeyan have seen a 57.78% increase in median value, while Units have seen a 45.57% increase. As at 31 October 2024:
- The median value for Houses in Queanbeyan is $785,077 while the median value for Units is $420,861.
- Houses have a median rent of $558 while Units have a median rent of $450.
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