SOLD
Sold on 13 Aug 2024 for $730,000

7 Caroline Street
Aitkenvale QLD 4814

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 66m2
Land area: 1012m2
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Property Details for 7 Caroline St, Aitkenvale

7 Caroline St, Aitkenvale is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1974. The property has a land size of 1012m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom Unit sold in Aitkenvale in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
66m2
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
1/RP717493

Last Listing description (September 2024)

Situated on a spacious 1012sqm block, this solid brick construction block of units offers an outstanding investment opportunity with great returns. Featuring three separate units, each designed for comfort and efficiency, this property boasts a low vacancy rate and ensures consistent returns throughout the year. Its central location, close to amenities, makes it an ideal choice for tenants.

Unit Features:

Unit 1

Tiled throughout with split system air-conditioning.
Both bedrooms feature built-in cupboards, ceiling fans, and split system air-conditioning.
Neat and tidy kitchen with plenty of storage, stand-alone electric cooker, laminate benchtop, tiled splashback and flooring.
The bathroom features a walk-in shower, linen cupboard, vanity and separate toilet.
External laundry.
Car port for one car.

Unit 2
The light filled living room features an air-condition unit, vinyl laminate flooring and a ceiling fan.
Both bedrooms feature split system air-conditioning, built-in cupboards, ceiling fans, and vinyl laminate flooring
Neat and tidy kitchen with sufficient storage options, a stand-alone electric cooker, tiled splashback, and vinyl laminate flooring
The bathroom features a walk-in shower, linen cupboard, vanity and a separate toilet
External laundry.
Car port for one car.

Unit 3
This unit is independent of the other two units.
The living room features an air-condition unit, carpet flooring, and a ceiling fan.
Neat and tidy kitchen features a breakfast bench, spacious layout, electric cooker, stainless steel sink, and vinyl laminate flooring.
Both bedrooms feature split system air-conditioning, ceiling fans, built-in cupboards, and carpet flooring
The bathroom features a walk-in shower, vanity and a separate toilet.

Additional Information:
Unit 1 - Currently tenanted for $300 per week until June 2025.
Unit 2 - Rental Appraisal - $320 per week. Currently vacant.
Unit 3 - Currently tenanted for $300 per week until January 2025.
Single title.
No strata.
Combined council rates - Approx. $4900 half yearly.
NBN FTTP to all three units.
Separate electricity meters.

Location:
Centrally located close to prominent schools, Stockland shopping centre, parks, restaurants, public transport and so much more.

The property will be available for viewing during open homes only.

Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product. The photographs in Unit 1 & Unit 3 have been edited to remove tenants' personal belongings.

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Property History for 7 Caroline St, Aitkenvale, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$730,000
13 Aug 2024
Listed for Rent
$300/w
16 Dec 2021
  • 13 Aug 2024
    Sold for $730,000
  • 06 Aug 2024
    Listed for Sale Offers Over $715,000
  • 09 Dec 2021
    Listed for Rent $300 / week
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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 77.31% increase in median value, while Units have seen a 79.49% increase. As at 31 October 2024:

  • The median value for Houses in Aitkenvale is $452,729 while the median value for Units is $342,218.
  • Houses have a median rent of $440 while Units have a median rent of $360.
There are currently 8 properties listed for sale, and 23 properties listed for rent in Aitkenvale on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Aitkenvale.

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