5 Grant StreetAllenstown QLD 4700
Property Details for 5 Grant St, Allenstown
5 Grant St, Allenstown is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 906m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (April 2021)
"INVESTORS TAKE NOTE" RARE 9% RETURNS AND PROJECTED FUTURE RENTAL RETURNS OF 10%. THIS PROPERTY GIVES YOU OPTION OF A LARGE RESIDENCE , 2 KITCHENS, 2 BATHROOMS AND 2 LIVING AREAS OR KEEP IT AS A DUPLEX ON A DOUBLE BLOCK READY FOR FUTURE DEVELOPMENT. LARGE YARD GIVES YOU ROOM TO EXPAND. BUILDING INSPECTION AVAILABLE AT REQUEST.
QUALITY POSITIVE LOCATION, GREAT RETURNS AND WILL TICK ALL INVESTORS BOXES. Painting is completed inside and outside, positioned just next to the Allenstown shopping complex. This investment offers 4 bedrooms and 2 bathrooms, underneath parking, 2 x new kitchens, fresh painted interior and renovated bathrooms. Built on a double block for future subdivision potential and showing great rental returns of $400.00 per week. This smart investment property is a positive investment and is a steal at JUST $226,500, RARE FIND.
Please contact Lance Baxter on 0409 101 963 to complete your private inspection.
Property Code: 921
Property History for 5 Grant St, Allenstown, QLD 4700
- 17 Oct 2022Sold for $297,000
- 09 Feb 2021Sold for $220,000
- 11 Dec 2019Listed for Sale $226,500
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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 1,733 properties. Over the last 5 years, Houses in Allenstown have seen a 86.89% increase in median value, while Units have seen a 39.99% increase. As at 31 October 2024:
- The median value for Houses in Allenstown is $460,234 while the median value for Units is $320,368.
- Houses have a median rent of $415 while Units have a median rent of $340.
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