OFF MARKET

23 Campbells Ridge Road
Balberra QLD 4740

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 120m2
Land area: 2460m2
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Property Details for 23 Campbells Ridge Rd, Balberra

23 Campbells Ridge Rd, Balberra is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 2460m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last transferred in September 2011.

Building Type
House
Year Built
1980
Floor Size
120m2
Land Size
2460m2
Local Government
Mackay Regional
Lot/Plan
5/SP232825

Last Listing description (October 2012)

REDUCED $100,000 for quick sale. Perfect Investment Opportunity. Suitable for Super Funds. High returns - over $70,000 p.a. net. Very high occupancy.
Ring Rob now for full details or to discuss this property and get financial details. This is the perfect investment opportunity to purchase 8 rental units in this fabulous complex located in North Queensland at Chelona, only 16km from Mackay CBD on the Bruce Highway just north of the Hay Point turnoff..
All of these 8 well presented investment units feature:

* fully furnished 1 bedroom, kitchen, dining/lounge area, ensuite, on-site laundry.
* Recently refurbished and painted externally
* Air conditioned, fans, security screens.
* On-site manager with reception office
* In ground swimming pool in complex
The Complex has a very high occupancy rate, with any units that become vacant being snapped up very quickly. Tenants are non-mine workers.
The complex comprises 3 Lots with these 8 units on one Lot, the manager's residence on a second Lot and a five bedroom house on the third Lot. Don't be concerned about this property being strata titled. The owner of the 8 units controls the Body Corporate with 55% of the votes. Training will be provided on body corporates by owner if required.
This is a very quiet and safe environment in which to live. Some occupants have continued to rent here for several years.
Currently letting for $280 - $290/week per unit and now returning around $70,000 p.a. net.
Compare that to the net income from buying a couple of houses.
This is the perfect opportunity to secure these 8 investment apartments today - Don t miss out!
Please contact Rob Smith on 0418 873 860 now for further information or to arrange an inspection.
He will appreciate your feedback.
Additional feature/s - Excellent returns. Very high occupancy rate. Recently painted. On-site managers.

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Property History for 23 Campbells Ridge Rd, Balberra, QLD 4740

A timeline of how this property has performed in the market
Last Transferred
$50,000
12 Sep 2011
Listed for Rent
$600/w
06 Jan 2012
  • 21 Sep 2012
    Listed for Sale 795000
  • 15 Dec 2011
    Listed for Rent - Price not available
  • 12 Sep 2011
    Transferred for $50,000
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About Balberra 4740

The size of Balberra is approximately 61.6 square kilometres. It has 1 park covering nearly 7.2% of total area. The population of Balberra in 2011 was 428 people. By 2016 the population was 449 showing a population growth of 4.9% in the area during that time. The predominant age group in Balberra is 50-59 years. Households in Balberra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balberra work in a trades occupation. In 2011, 75.9% of the homes in Balberra were owner-occupied compared with 81.1% in 2016.

Balberra has 199 properties. Over the last 5 years, Houses in Balberra have seen a 80.05% increase in median value. As at 30 November 2024:

  • The median value for Houses in Balberra is $673,642 while the median value for Units is $120,911.
There are currently 2 properties listed for sale, and no properties listed for rent in Balberra on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Balberra.

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