31 Church St, Babinda is a 3 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1143m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
NOW REDUCED to only $425,000.
Don't miss this wonderful opportunity to own a multi unit dwelling.
As is it is located in a quiet street, only 1 street back from Town Centre and hospital, within walking distance to all facilities, it will always be tenanted.
Unit 1 -
Timber and tiled flooring
* 1 bedroom
* Large sunroom
* large lounge room
* 1 bathroom with shower, vanity, toilet and laundry in large room
* modern kitchen with dining area
* split system airconditioning
Unit 2 -
Timber and tiled flooring
* 1 bedroom
* Large sunroom
* large lounge room
* 1 bathroom with shower, vanity, toilet and laundry in large room
* modern kitchen with dining area
* split system airconditioning
Unit 3 -
Lino flooring
* 1 very large bedroom
* Large lounge room
* modern kitchen and dining room
* downstairs laundry
* Split system airconditoning
Income is currently $610 per week. Rates approx. $6200 per year.
Fully tenanted.
Separate electricity and water meters.
Complex is not strata titled and on a one Title.
Carparking with 3 undercover parks to the rear of the block.
Beautiful entrance to building with common hallway.
A must to inspect now. Now reduced to sell quickly at only $425,000.
The size of Babinda is approximately 40 square kilometres. It has 9 parks covering nearly 2.1% of total area. The population of Babinda in 2011 was 1,068 people. By 2016 the population was 1,257 showing a population growth of 17.7% in the area during that time. The predominant age group in Babinda is 60-69 years. Households in Babinda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Babinda work in a labourer occupation. In 2011, 62.7% of the homes in Babinda were owner-occupied compared with 61% in 2016.
Babinda has 738 properties. Over the last 5 years, Houses in Babinda have seen a 97.71% increase in median value, while Units have seen a -35.07% decrease. As at 31 October 2024:
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