SOLD
Sold on 25 Jan 2024 for $1,350,000

15 Mannington Road
Acacia Ridge QLD 4110

Bedrooms: 5
Bathrooms: 5
Car spaces: 1
Land area: 278m2
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Property Details for 15 Mannington Rd, Acacia Ridge

15 Mannington Rd, Acacia Ridge is a 5 bedroom, 5 bathroom House with 1 parking spaces. The property has a land size of 278m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom House sold in Acacia Ridge in the last 12 months.

Building Type
House
Land Size
278m2
Local Government
Brisbane
Lot/Plan
60/SP324643

Last Listing description (March 2024)

Welcome to 15 Mannington Road, Acacia Ridge

Harry Imam and Hugo Alexander Property Group are pleased to offer this rare freestanding Rooming accommodation house in the highly sought after location of Acacia Ridge. High yield brand new assets like these rarely come to market. Come to the next open home and see why Rooming Houses like these are so popular.
Single adults account for 28% of our population and this niche is the fastest growing rental sector.

Contemporary newly built rooming houses are comfortable, spacious, attractive spaces to live that are offered to tenants fully furnished with bills included to maximize rental yield. Each suite has its own ensuite, kitchenette, air conditioning, balcony or courtyard and electronically locked.
With yields approximately three fold a standard rental house, this offering will be attractive to astute investors looking for strong cash flow and excellent capital growth.

All 5 rooms furnished and professionally property managed.

Address:
- 15 Mannington Rd, Acacia Ridge

The Property:
- Brand new, fully furnished, extremely well presented investment property in the popular location of Acacia Ridge.

Total Rental:
- $1905 per week, $99,536 per annum approximately
Potential Rental:
upon renewals of leases - $2000 - $2050 per week

Building Area:
- corner lot site
- Building area 246sqm

For a copy of the Information Memorandum please make a web or email inquiry.
Open homes and private viewings.
Harry Imam, 0403 180 092, harry@hugoalexander.com.au

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Property History for 15 Mannington Rd, Acacia Ridge, QLD 4110

A timeline of how this property has performed in the market
Last Sold
$1,350,000
25 Jan 2024
Listed for Rent
$360/w
28 Apr 2023
  • 25 Jan 2024
    Sold for $1,350,000
  • 30 Nov 2023
    Listed for Rent $370 / week
  • 06 Oct 2023
    Listed for Sale For Sale
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About Acacia Ridge 4110

The size of Acacia Ridge is approximately 8.6 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Acacia Ridge in 2011 was 6,944 people. By 2016 the population was 7,439 showing a population growth of 7.1% in the area during that time. The predominant age group in Acacia Ridge is 20-29 years. Households in Acacia Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Acacia Ridge work in a trades occupation. In 2011, 52.9% of the homes in Acacia Ridge were owner-occupied compared with 49.6% in 2016.

Acacia Ridge has 3,962 properties. Over the last 5 years, Houses in Acacia Ridge have seen a 111.23% increase in median value, while Units have seen a 92.11% increase. As at 31 October 2024:

  • The median value for Houses in Acacia Ridge is $791,246 while the median value for Units is $601,923.
  • Houses have a median rent of $530 while Units have a median rent of $418.
There are currently 30 properties listed for sale, and 28 properties listed for rent in Acacia ridge on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Acacia ridge.

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