SOLD
Sold on 14 Feb 2024 for $410,000

8/223 Tufnell Road
Banyo QLD 4014

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 102m2
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Property Details for 8/223 Tufnell Rd, Banyo

8/223 Tufnell Rd, Banyo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 102m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Banyo in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
73m2
Land Size
102m2
Local Government
Brisbane
Lot/Plan
8/SP180042

Last Listing description (April 2024)

Situated in the heart of the vibrant Banyo neighbourhood at 223 Tufnell Road, Unit 8 of the Sepi Apartments beckons you to embrace convenient living with a touch of luxury. This exquisite two-bedroom, two-bath residence is an absolute gem for savvy investors or discerning buyers looking for modern comforts and unmatched accessibility.
Currently rented at $410 per week until 19/6/24, this unit presents a fantastic investment opportunity or a cozy place to call home. With a reliable tenant in place, you can rest assured that this property offers an attractive return on investment.
One of the standout features of this unit is its prime location. Situated right next to Woolworth supermarket, BWS, cafes, and restaurants, you or your tenants never have to travel far for daily needs. Imagine enjoying the convenience of grocery shopping without the hassle of long commutes. Additionally, the Banyo train station is conveniently located just a 5-minute walk across the road, facilitating easy commuting to various destinations. For those who prefer to travel by bus, the bus stop is right in front of the complex, allowing for seamless connectivity to the surrounding areas.

This unit is not only a practical choice but also provides a comfortable and inviting living space. The two bedrooms provide ample room for rest and relaxation, while the two bathrooms offer convenience and privacy for residents and guests alike. This stunning property boasts a spacious balcony, perfect for enjoying the fresh air on lazy afternoons. Additionally, the unit comes with a designated car space, ensuring that parking is never a concern.
As the on-site manager of Unit 8, Sepi Apartments, I am delighted to offer investor buyers a fantastic opportunity. We are proud to provide a remarkable 5.5% annual rental guarantee, ensuring a stable and attractive return on investment. With this guarantee, you can have peace of mind knowing that your investment will yield fruitful results. Don't miss out on this incredible offer - seize the chance to secure a profitable and hassle-free investment at Unit 8, Sepi Apartment.
Notable features include:
? Two bedrooms with built-in robes, where the main bedroom has an ensuite and the second bedroom has a two-way bathroom.
? Air conditioning in the living area
? Large balcony that flows from living area.
? Kitchen features stone benchtop, modern fixtures and finishes, complemented.
? A single secure car space in the complex, with an lockable storage right next to it.
? Inviting pool located at the rear of the complex, providing another recreational space
? Experienced & Dedicated Onsite Managers(Listing ID: 21125866 )

Property History for 8/223 Tufnell Rd, Banyo, QLD 4014

A timeline of how this property has performed in the market
Last Sold
$410,000
14 Feb 2024
Listed for Rent
$350/w
30 Mar 2016
  • 14 Feb 2024
    Sold for $410,000
  • 12 Jan 2024
    Listed for Sale Inviting All Offers
  • 04 Mar 2019
    Listed for Sale Not Disclosed
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About Banyo 4014

The size of Banyo is approximately 5 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Banyo in 2011 was 5,607 people. By 2016 the population was 5,864 showing a population growth of 4.6% in the area during that time. The predominant age group in Banyo is 30-39 years. Households in Banyo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banyo work in a professional occupation. In 2011, 67.9% of the homes in Banyo were owner-occupied compared with 67% in 2016.

Banyo has 2,950 properties. Over the last 5 years, Houses in Banyo have seen a 94.69% increase in median value, while Units have seen a 56.55% increase. As at 30 September 2024:

  • The median value for Houses in Banyo is $1,059,766 while the median value for Units is $566,481.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 25 properties listed for sale, and 20 properties listed for rent in Banyo on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Banyo.

Suburb Insights for Banyo 4014

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Marcus Ng
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.