OFF MARKET

21/11 Penny Street
Algester QLD 4115

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 202m2
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Property Details for 21/11 Penny St, Algester

21/11 Penny St, Algester is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 202m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2005
Floor Size
100m2
Land Size
202m2
Local Government
Brisbane
Lot/Plan
21/SP177702

Last Listing description (April 2017)

Hassle-free investments dont get any better! In an attractive complex with pool, on-site managers and walking distance to all amenities - this modern townhouse offers a solid gross return on investment of approx. 6.5%.

Quality attracts quality and this well-presented townhouse has enjoyed great & reliable renters who lovingly care for the property as if it were their own. The complex overall is extremely well-maintained and offers residents access to a huge saltwater pool with sail shade and a big covered communal BBQ area an excellent space for hosting larger gathering with family and friends.

This townhouse has an open-plan tiled living and dining area downstairs, with the adjacent modern kitchen flowing through to a laundry and handy powder room.

The living space is bright and airy with the option to cool using the air-conditioner or naturally just by opening the screened, sliding door which accesses a covered rear patio ideally sized for entertaining a few friends in the privacy of your fully fenced courtyard.

The kitchen is well-equipped with two pantry areas, a dishwasher, stainless steel electric stove, range hood and handy dual sink. The tiled splashback provides a welcome pop of colour and is also a feature of the laundry.

Upstairs are three carpeted bedrooms all with ceiling fans. Two offer built-in robes while the larger master has a walk-in-robe as well as its own air conditioner, ensuite and front facing, timber floored private balcony.

The second bathroom on this level is a good size for sharing space which includes a vanity and bath tub.

Other features to love include:
- Walk to local shops & restaurants.
- Bus stop outside Complex.
- Low maintenance Gardens.
- Great on Site manager to look after your investment & rentals.
- 1 car automatic garage with internal access.
- Extra visitors parking.

With a tremendous location, tidy tenants and top rental returns this townhouse ticks all the boxes. Motivated owners are keen to sell & will look at all reasonable offers! Call to arrange a viewing ASAP!

All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Property History for 21/11 Penny St, Algester, QLD 4115

A timeline of how this property has performed in the market
Last Sold
$274,000
03 Mar 2020
Listed for Rent
$380/w
15 Nov 2011
  • 03 Mar 2020
    Sold for $274,000
  • 24 Feb 2017
    Sold for $281,500
  • 18 Aug 2016
    Listed for Sale $289,000
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About Algester 4115

The size of Algester is approximately 3.6 square kilometres. It has 12 parks covering nearly 10.7% of total area. The population of Algester in 2011 was 8,262 people. By 2016 the population was 8,416 showing a population growth of 1.9% in the area during that time. The predominant age group in Algester is 30-39 years. Households in Algester are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Algester work in a professional occupation. In 2011, 70.1% of the homes in Algester were owner-occupied compared with 69.5% in 2016.

Algester has 3,651 properties. Over the last 5 years, Houses in Algester have seen a 86.94% increase in median value, while Units have seen a 115.47% increase. As at 31 October 2024:

  • The median value for Houses in Algester is $928,886 while the median value for Units is $648,833.
  • Houses have a median rent of $620 while Units have a median rent of $690.
There are currently 37 properties listed for sale, and 7 properties listed for rent in Algester on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Algester.

Suburb Insights for Algester 4115

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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.