1/40 Patrick StreetAitkenvale QLD 4814
Property Details for 1/40 Patrick St, Aitkenvale
1/40 Patrick St, Aitkenvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Aitkenvale in the last 12 months.
Last Listing description (November 2023)
Presenting an exceptional opportunity to own or invest in this cosy two-bedroom unit, one of only four within the complex. The property has undergone revitalizing renovations, including a modernized kitchen, while the complex benefits from a brand new roof.
Situated discreetly away from the street, this inviting unit offers a perfect blend of comfort and convenience in a central suburb. It boasts a prime location within walking distance of two major shopping amenities in Townsville, with a public transport route just one street away. Immaculately maintained, the unit features:
The Property
• A ground floor apartment nestled in a four-unit complex, ensuring peace and privacy
• Fully air-conditioned living areas adorned with stylish tiles throughout
• A welcoming open plan living and dining room, providing versatile space
• A recently upgraded kitchen equipped with ample cupboard and bench space, blending practicality and aesthetics
• Two air-conditioned bedrooms with built-in robes, offering a tranquil retreat
• A rear courtyard, perfect for savouring your morning coffee or creating a delightful play area for children
• An internal laundry for added convenience
• A single lock-up garage accompanied by a storeroom, catering to your parking and storage needs
This unit is currently tenanted until April 2024, generating a steady rental income of $240 per week with an exceptional tenant. However, with a rental appraisal range of $320 to $350 per week, the unit holds potential for increased returns.
Additional details:
Body corporate fees are $4,060 annually
Rates amount to $1,788.20 half-yearly
The Location
Centrally positioned, with Stockland and Centro shopping centres just a leisurely stroll away, ensuring effortless shopping experiences
Medical centres, convenience stores, and public transport options all within easy walking distance, enhancing everyday convenience
In close proximity to Lavarack Barracks, James Cook University, and Townsville Hospital, appealing to a wide tenant base
Conveniently located near a variety of primary and secondary schools, offering a range of educational opportunities
Property History for 1/40 Patrick St, Aitkenvale, QLD 4814
- 17 Nov 2023Sold for $205,000
- 29 Jun 2023Listed for Sale $210,000
- 14 Sep 2017Listed for Rent - Price not available
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About Aitkenvale 4814
The size of Aitkenvale is approximately 3.3 square kilometres. It has 8 parks covering nearly 15.5% of total area. The population of Aitkenvale in 2011 was 4,909 people. By 2016 the population was 4,800 showing a population decline of 2.2% in the area during that time. The predominant age group in Aitkenvale is 20-29 years. Households in Aitkenvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aitkenvale work in a professional occupation. In 2011, 52.8% of the homes in Aitkenvale were owner-occupied compared with 51.8% in 2016.
Aitkenvale has 2,506 properties. Over the last 5 years, Houses in Aitkenvale have seen a 77.71% increase in median value, while Units have seen a 53.31% increase. As at 30 September 2024:
- The median value for Houses in Aitkenvale is $440,740 while the median value for Units is $319,903.
- Houses have a median rent of $450 while Units have a median rent of $360.
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