55 Colorado StreetBahrs Scrub QLD 4207
Property Details for 55 Colorado St, Bahrs Scrub
55 Colorado St, Bahrs Scrub is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 476m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Bahrs Scrub in the last 12 months.
Last Listing description (December 2023)
Are you in pursuit of a promising investment opportunity? Look no further than 55 Colorado Street, Bahrs Scrub. This property presents an exceptional chance for astute investors, offering immediate returns and long-term growth prospects.
Prime Location: Nestled in the heart of Bahrs Scrub, this property combines the tranquility of suburban living with the convenience of urban accessibility. It enjoys easy access to major transportation routes and a wealth of local amenities, making it a highly coveted location. Situated at the end of a peaceful cul-de-sac, sat on a 476m2 corner block it provides a serene and secure living environment. It's the ideal choice for families and tenants seeking a tranquil residential experience.
Capital Growth: Bahrs Scrub is a region experiencing sustained growth, making it an ideal investment choice. The continuous development of surrounding infrastructure and high demand for housing in the area further enhance the property's value.
Spacious Living: Featuring four bedrooms and a separate living area, this property offers ample space for tenants or future homeowners, ensuring comfortable and functional living spaces. Enhancing tenant appeal, the property boasts a split system air conditioning system in the kitchen/family area. This feature not only provides year-round comfort but also reduces potential vacancy periods.
Tenanted Income: The property is currently leased, generating a rental income of $500 per week until January 2024 and a rental appraisal of $580 - $600 per week achievable in the new year, Investors can anticipate a steady cash flow from day one and the prospect of capital growth in the years ahead. This immediate income stream provides you with financial stability and peace of mind.
Don't let this unique opportunity slip through your fingers. Contact us today to schedule a viewing and explore how 55 Colorado Street, Bahrs Scrub, can become the cornerstone of your property investment portfolio.
Invest in your future with 55 Colorado Street, Bahrs Scrub. Reach out for more information and to arrange a viewing.
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Alex Wild - 0458 000 888
Disclaimer:
We have in preparing this information, used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein.
Property History for 55 Colorado St, Bahrs Scrub, QLD 4207
- 22 Jan 2024Sold for $638,000
- 18 Dec 2023Listed for Sale Under Contract
- 21 Nov 2019Listed for Rent $410 / week
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About Bahrs Scrub 4207
The size of Bahrs Scrub is approximately 9.8 square kilometres. It has 6 parks covering nearly 2% of total area. The population of Bahrs Scrub in 2011 was 1,511 people. By 2016 the population was 1,915 showing a population growth of 26.7% in the area during that time. The predominant age group in Bahrs Scrub is 0-9 years. Households in Bahrs Scrub are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bahrs Scrub work in a trades occupation. In 2011, 66% of the homes in Bahrs Scrub were owner-occupied compared with 52.2% in 2016.
Bahrs Scrub has 3,123 properties. Over the last 5 years, Houses in Bahrs Scrub have seen a 79.84% increase in median value, while Units have seen a 111.10% increase. As at 31 October 2024:
- The median value for Houses in Bahrs Scrub is $820,240 while the median value for Units is $654,418.
- Houses have a median rent of $640 while Units have a median rent of $310.
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