OFF MARKET

8 Mcgill Street
Basin Pocket QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 971m2
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Last updated 16 Dec 2024
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Property Details for 8 Mcgill St, Basin Pocket

8 Mcgill St, Basin Pocket is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 971m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1960
Floor Size
99m2
Land Size
971m2
Local Government
Ipswich
Lot/Plan
36/RP23986

Last Listing description (April 2022)

SET DATE SALE - IF YOU WISH TO SECURE THIS PROPERTY YOU MUST INSPECT AND SUBMIT YOUR OFFER BY SUNDAY 28TH NOVEMBER.
PLEASE CONTACT THE AGENT TO REGISTER YOUR INTEREST.

Currently housed with a long term tenant at $290 per week until 16th of May, 2022. However, it's current rent appraisal is at $340-$360 per week.

* Owners are also selling neighbouring property 10 McGill Street Basin Pocket *

If you are an investor in todays market, this property is for you. With significant lucrative potential you would be a fool to pass this up.
A updated condition 1970s gem on a huge 971sqm block in the heart of Basin Pocket, stands this 'warm and cozy' home with a flash from the past housed inside.
A set and forget type of property with next to nothing maintenance, it is sure to bring in a steady cash flow without you even realising it's there.

- 1970s gem in an updated condition
- 3 good sized carpeted bedrooms
- Large lounge with air-conditioning
- Open planned living with large dine-in kitchen
- Freestanding electric stove and oven
- Huge 971sqm block
- Rear yard access
- 6x5m shed
- Great sized patio + porch

Location has been perfected with the build of this home. With a bus stop out front and close to Ipswich CBD and public transport, all of Ipswich cities offerings are an arms reach away.
Due to high buyer demand this property will not withstand in this current frenzied market. Do not hesitate, contact the listing agent Josie Smith at your earliest convenience.

Miljose Pty Ltd t/a Century 21 Josie Smith and Co has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, opt-in marketing campaigns to the user or misstatements contained.

Property History for 8 Mcgill St, Basin Pocket, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$375,500
29 Nov 2021
Listed for Rent
$275/w
04 Nov 2018
  • 29 Nov 2021
    Sold for $375,500
  • 17 Nov 2021
    Listed for Sale UNDER CONTRACT/OFFER
  • 14 Aug 2018
    Listed for Rent - Price not available
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About Basin Pocket 4305

The size of Basin Pocket is approximately 0.6 square kilometres. It has 2 parks covering nearly 2.5% of total area. The population of Basin Pocket in 2011 was 860 people. By 2016 the population was 890 showing a population growth of 3.5% in the area during that time. The predominant age group in Basin Pocket is 20-29 years. Households in Basin Pocket are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Basin Pocket work in a trades occupation. In 2011, 61.8% of the homes in Basin Pocket were owner-occupied compared with 61.2% in 2016.

Basin Pocket has 443 properties. Over the last 5 years, Houses in Basin Pocket have seen a 100.72% increase in median value, while Units have seen a 74.13% increase. As at 30 November 2024:

  • The median value for Houses in Basin Pocket is $567,952 while the median value for Units is $492,233.
  • Houses have a median rent of $480.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Basin pocket on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Basin pocket.

Suburb Insights for Basin Pocket 4305

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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.