17 Amaroo St, Archerfield is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
This low maintenance, high yielding, purpose-built, block of three two-bedroom units will fit perfectly into an investment portfolio or self managed superfund. Grossing $890 a week and fully let, this property has proven returns with potential for growth given the current rental market.
The fully fenced landscaped block of units, sits on 607 square metres in a quiet residential street in Archerfield. The block is close to public transport and only 12 km from the CBD. QEII Hospital and Griffith University are only a short 5 minute drive away, with 10 minutes to garden city shopping centre. This location meets all the criteria for prospective tenants.
All 3 units contain modernised renovated bathrooms, air-conditioning and ceiling fans, separately metered electricity and remote control operated roller-doors on their carport. Unit 3 has a separate enclosed courtyard.
Get into this high yielding investment opportunity before everyone else works it out!
The size of Archerfield is approximately 4.4 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Archerfield in 2011 was 510 people. By 2016 the population was 530 showing a population growth of 3.9% in the area during that time. The predominant age group in Archerfield is 20-29 years. Households in Archerfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Archerfield work in a trades occupation. In 2011, 53.1% of the homes in Archerfield were owner-occupied compared with 59.3% in 2016.
Archerfield has 613 properties. Over the last 5 years, Houses in Archerfield have seen a 94.93% increase in median value, while Units have seen a 63.38% increase. As at 30 November 2024:
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