SOLD
RECENT ADVICE
Sold on 24 Sep 2024 for $655,000

63 Maple Drive
Andergrove QLD 4740

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 111m2
Land area: 1390m2
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Property Details for 63 Maple Dr, Andergrove

63 Maple Dr, Andergrove is a 3 bedroom, 1 bathroom House with 8 parking spaces. The property has a land size of 1390m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Andergrove in the last 12 months.

Building Type
House
Floor Size
111m2
Land Size
1390m2
Local Government
Mackay Regional
Lot/Plan
1/RP741671

Last Listing description (September 2024)

Huge Potential on 1390 sqm Block

Investors, take note! This property at 63 Maple Drive offers an exceptional opportunity with strong rental returns and development potential on a sprawling 1390 sqm block. Currently tenanted at $400 per week, the property has a market rental appraisal of $700 per week, presenting immediate uplift potential.

The sleek, modern kitchen boasts an electric stovetop and oven, offering a fresh and functional space that tenants will love. The spacious living room, equipped with a split-system air conditioner, ensures year-round comfort. The home features three bedrooms, with the master bedroom offering the added comfort of a box air conditioner. For added convenience, the laundry includes built-in cabinets, providing ample storage. The recently renovated bathroom offers a generous shower area, while the separate toilet adds practicality to the layout.

What truly sets this property apart is the enormous 1390 sqm block, offering more than just open space. With room to build a second dwelling (subject to council approval), there's massive potential to significantly increase rental income or maximize resale value.

Additional features include:
- Two spacious sheds: one measuring 15.5m x 6.5m and another at 6m x 6m, ideal for storage or future projects.
- Long-term tenants in place for 3 years, ensuring consistent rental income.
- Last rent increase in April 2022, offering room for a rent review to reflect the current market value.

Whether you're looking to capitalise on the existing rental market or develop further to maximise your return, 63 Maple Drive is a rare find that ticks all the right boxes. Don't miss this opportunity to secure a high-potential investment property with space to grow!

For more details or to arrange a viewing, contact Nikita on 0401 928 281 today.

Disclaimer:
Whilst every care is taken in the preparation of the information contained in this marketing, RE/MAX Select Real Estate will not be held liable for any errors or omissions in the above as all care is taken to ensure all information is correct at the time of publication. All interested parties should rely solely upon their own physical inspection of the property in order to determine whether or not this information is accurate.

Property History for 63 Maple Dr, Andergrove, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$655,000
24 Sep 2024
Listed for Rent
$300/w
01 Jun 2016
  • 24 Sep 2024
    Sold for $655,000
  • 18 Sep 2024
    Listed for Sale Offers from $599,000
  • 14 Dec 2020
    Listed for Rent $470 / week
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About Andergrove 4740

The size of Andergrove is approximately 8.5 square kilometres. It has 23 parks covering nearly 8.8% of total area. The population of Andergrove in 2011 was 9,372 people. By 2016 the population was 9,433 showing a population growth of 0.7% in the area during that time. The predominant age group in Andergrove is 0-9 years. Households in Andergrove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Andergrove work in a trades occupation. In 2011, 65% of the homes in Andergrove were owner-occupied compared with 61.1% in 2016.

Andergrove has 4,495 properties. Over the last 5 years, Houses in Andergrove have seen a 67.67% increase in median value, while Units have seen a 62.65% increase. As at 31 October 2024:

  • The median value for Houses in Andergrove is $546,173 while the median value for Units is $340,066.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 12 properties listed for rent in Andergrove on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Andergrove.

Suburb Insights for Andergrove 4740

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Contact agent
Nikita Kinnane
Show contact details
RE/MAX Select - Mackay
Preferred contact:
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.