8 Gray StreetAtherton QLD 4883
Property Details for 8 Gray St, Atherton
8 Gray St, Atherton is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 835m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Atherton in the last 12 months.
Last Listing description (October 2024)
8 Gray St is a unique offering, providing you the chance to buy a 3 bedroom cottage with the addition of a flat with two studio apartments in the rear. Hidden away on Gray Street, the property isn't obvious from the footpath, however, walking in and touring the property will provide astute buyers with an imagination a fantastic project for further investment or live-in and invest potential.
Features include:
Cottage:
- 3 bedrooms
- Large living room with high ceilings
- Original kitchen with new stove
- Bathroom with shower over tub
- Internal laundry
Unit 1 & 2:
- Studio configuration
- Large kitchen with ample space
- Compact shower and toilet bathroom
- Options for bedroom/living configuration
Land:
- 835sqm block
- Very well established gardens
This property is fully long term tenanted and returning a combined $530p/w currently across three leases with room for further growth. Lots of potential is offered for those who are handy and want to renovate or modernise the home and add to the value of the property.
Contact Zach Reid for further information.
Property History for 8 Gray St, Atherton, QLD 4883
- 16 Aug 2024Sold for $385,000
- 16 Apr 2024Listed for Sale $395,000
- 20 Jan 2011Listed for Rent - Price not available
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About Atherton 4883
The size of Atherton is approximately 94.1 square kilometres. It has 33 parks covering nearly 9.3% of total area. The population of Atherton in 2011 was 7,286 people. By 2016 the population was 7,337 showing a population growth of 0.7% in the area during that time. The predominant age group in Atherton is 60-69 years. Households in Atherton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Atherton work in a professional occupation. In 2011, 56.7% of the homes in Atherton were owner-occupied compared with 56.8% in 2016.
Atherton has 4,576 properties. Over the last 5 years, Houses in Atherton have seen a 68.35% increase in median value, while Units have seen a 50.69% increase. As at 31 October 2024:
- The median value for Houses in Atherton is $482,923 while the median value for Units is $326,518.
- Houses have a median rent of $475 while Units have a median rent of $340.
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