179 Talford StreetAllenstown QLD 4700
Property Details for 179 Talford St, Allenstown
179 Talford St, Allenstown is a 4 bedroom, 2 bathroom House. The property has a land size of 730m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Allenstown in the last 12 months.
Last Listing description (January 2024)
Presenting an astute investment opportunity, this multifaceted real estate asset seamlessly combines dual revenue streams through its distinctive dual-tenanted composition. Positioned strategically along the vibrant Gladstone Road, the property boasts a prominent retail storefront that captures the attention of the bustling thoroughfare, coupled with a sophisticated 3-bedroom residence at the rear, featuring dual car parking.
Nestled in Allenstown, in close proximity to popular establishments lining the highway, this property promises an enticing prospect for discerning investors. What sets this opportunity apart is the pre-existing tenancy of both the retail and residential units, assuring an immediate and steady influx of returns on your investment.
The 3-bedroom home at the rear of the residence boasts 3 comfortably sized bedrooms with a large bathroom and sizable living and dining area. Currently returning $340 per week.
The retail storefront at the front of the property is a 1 one bedroom 1 bathroom property that is currently used as residential occupancy returning $260 a week.
Front residence tenanted for $260 per week until 30/11/2024
Rear residence tenanted for $340 per week until 27/1/2025
Property History for 179 Talford St, Allenstown, QLD 4700
- 12 Jan 2024Sold for $245,000
- 25 Jul 2023Listed for Sale Not Disclosed
- 21 Feb 2022Sold for $198,000
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0About Allenstown 4700
The size of Allenstown is approximately 2.2 square kilometres. It has 6 parks covering nearly 7.7% of total area. The population of Allenstown in 2011 was 2,911 people. By 2016 the population was 2,801 showing a population decline of 3.8% in the area during that time. The predominant age group in Allenstown is 20-29 years. Households in Allenstown are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allenstown work in a professional occupation. In 2011, 49.6% of the homes in Allenstown were owner-occupied compared with 48.4% in 2016.
Allenstown has 1,747 properties. Over the last 5 years, Houses in Allenstown have seen a 90.30% increase in median value, while Units have seen a 48.80% increase. As at 30 November 2024:
- The median value for Houses in Allenstown is $473,284 while the median value for Units is $352,913.
- Houses have a median rent of $420 while Units have a median rent of $365.
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