SOLD
Sold on 06 Feb 2024 for $539,000

94A Elizabeth Street
Acacia Ridge QLD 4110

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 91m2
Land area: 446m2
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Property Details for 94a Elizabeth St, Acacia Ridge

94a Elizabeth St, Acacia Ridge is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 446m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Acacia Ridge in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
91m2
Land Size
446m2
Local Government
Brisbane
Lot/Plan
1/SP170630

Last Listing description (June 2024)

An incredible opportunity awaits you with this already tenanted, income-generating property! Enjoy the peace of mind that comes with a consistent rental income of $450 per week, with the lease secured until November 20, 2024.

Discover the perfect blend of comfort and convenience in this meticulously maintained three-bedroom home. Whether you're an investor seeking a lucrative property or a first-time homebuyer looking for your ideal nest, this is an opportunity you don't want to miss!

Key Features:

Prime Location: Centrally located in Acacia Ridge with easy access to transportation and a plethora of amenities.

Low Maintenance Living: Situated on a spacious 446sqm block, this home offers a perfect blend of space and easy upkeep.

Family-Friendly Design: Fully-fenced front yard, ideal for children and pets to play in a secure environment.

Comfortable Interiors: Three spacious bedrooms, 2 with king-size bed capacity and large built-in robes.

Functional Spaces: Original yet functional kitchen and bathroom, casement windows for a breezy atmosphere.

Charming Details: Timber floorboards throughout, ceiling fans, aircon in the lounge for year-round comfort.

Convenient Storage: Lockable laundry downstairs, concreted under house, and a sizable multi-purpose room.

Secure Living: Security doors, fully fenced block, off-street parking within the fenced area.

Key Investment Details:

Investment Goldmine $450 per week/ Tenanted Until November 2024!

Secure Your Future Income!

Stable Income: $450 per week a lucrative return on your investment.

Long-term Tenancy: Tenant secured until November 20, 2024.

Low Maintenance: With a well-maintained property, your investment is hassle-free.

Turnkey Investment: Start earning immediately with an already leased property.

Why This Investment:

Location Advantage: In the heart of Acacia Ridge, a sought-after area with high rental demand.

Financial Security: Enjoy consistent cash flow and financial stability.

Potential for Growth: Acquire an appreciating asset with potential for future value growth.

Key Features:

Retail Paradise: A short stroll to Elizabeth Street Shopping Centre with IGA and specialty stores for your daily needs.

Shopping Haven: Acacia Market Place just a 5-minute drive away, featuring Woolworths, Aldi, and a variety of boutique shops.

Education Hub: Proximity to excellent primary schools such as Acacia Ridge State School and St Fatimas Primary School, along with daycare and childcare options.

Strategic Location: Only 16km from Brisbane CBD, making it a hotspot for investors and first-time homebuyers.

Endless Possibilities: The generous space of this property provides a canvas for various investment opportunities or as a spacious family home.

Act Fast! Opportunities Like This Are Rare!

Property History for 94a Elizabeth St, Acacia Ridge, QLD 4110

A timeline of how this property has performed in the market
Last Sold
$539,000
06 Feb 2024
Listed for Rent
$390/w
09 May 2022
  • 06 Feb 2024
    Sold for $539,000
  • 18 Jan 2024
    Listed for Sale Under Contract
  • 27 Apr 2022
    Listed for Rent $390 / week
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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.

Suburb Insights for Acacia Ridge 4110

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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.