42 Woonga Dr, Ashgrove is a 7 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 612m2. While the property is not currently for sale or for rent, it was last sold in April 2004.
* Information about outgoings and rent return plus how to make an offer can be found towards the bottom of the advert blurb *
Inspection Information: for open homes and private inspections, please meet out the front of 42 Woonga Drive.
A set of four units ideally located for investors in the highly coveted Ashgrove area. The property occupies a superb 612m? lot and has demonstrated a robust rental income of approximately $70,000 over the past year. Situated in a prime location near essential amenities and transportation, this presents a stunning opportunity to tap into the profitable Brisbane rental market. Seize the opportunity to acquire this outstanding investment.
Unit specifications:
Unit 1 - lower level - 2 beds, 1 bathroom, 1 carport
Unit 2 - lower level - 2 beds, 1 bathroom, 1 carport
Unit 3 - upper level, - 2 beds, 1 bathroom, 1 carport
Unit 4 - upper level - 1 beds, 1 bathroom, 1 carport
Property Details:
612m2 block
1 title with 4 units in complex
Undercover car port for 4 cars
Open kitchen and living areas in each unit
This property is connected to NBN Hybrid Fibre Coaxial
Location:
Wine & Larder Restaurant - 8 min walk
Woolworths Ashgrove - 4 min drive
Coles Ashgrove - 4 min drive
ALDI Ashgrove - 4 min drive
The Gap Tavern - 4 min drive
Ashgrove Golf Club - 4 min drive
Green Leaves Early Learning - 5 min drive
The Gap Shopping Shopping Centre - 6 min drive
Alderley Station - 9 min drive
Suncorp Stadium - 9 min drive
Brookside Shopping Centre - 10 min drive
Southbank (GOMA) - 11 min drive
Bunnings Stafford - 13 min drive
Queens Plaza CBD - 14 min drive
School Zones:
Ashgrove State School (Prep to Year 6) - 7 min walk
The Gap State High School (Year 7 to Year 12) - 6 min drive
Rent:
Unit 1 - lease to 22/04/25 at $355.00 per week
Unit 2 - lease to 8/11/25 at $350.00 per week
Unit 3 - lease to 16/03/25 at $350.00 per week
Unit 4 - lease to 8/09/25 at $350.00 per week
Total rent - $1,405.00 per week
Updated Rental Appraisal:
$1,550.00 to $1,700.00 per week
Costs:
Council Rates: $1,581.00 per quarter approx
Water Rates: $850.00 per quarter approx
Interested in making an offer?
At JJ Property, we ensure transparency with our online offer portal. You will be in the loop throughout the process, know if your offer is the top offer and know when bids are closing.
Please reach out to us via email or phone to register and submit your offer.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, JJ Property will not be held liable (financially or otherwise) for any errors or omissions relating to the property, contents and/or facilities in the property or complex. All interested parties should rely upon their own investigations to determine whether the property is suitable for their needs and all contents and facilities are present.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The population of Ashgrove in 2011 was 12,916 people. By 2016 the population was 13,045 showing a population growth of 1.0% in the area during that time. The predominant age group in Ashgrove is 40-49 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation. In 2011, 69.4% of the homes in Ashgrove were owner-occupied compared with 69% in 2016.
Ashgrove has 5,664 properties. Over the last 5 years, Houses in Ashgrove have seen a 72.09% increase in median value, while Units have seen a 65.14% increase. As at 31 August 2024:
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