SOLD
Sold on 04 Aug 2023 for $735,000

3 Cedar Drive
Beaudesert QLD 4285

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 887m2
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Property Details for 3 Cedar Dr, Beaudesert

3 Cedar Dr, Beaudesert is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 887m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 6 bedroom Unit sold in Beaudesert in the last 12 months.

Building Type
Unit
Land Size
887m2
Local Government
Scenic Rim Regional
Lot/Plan
24/RP169883

Last Listing description (September 2023)

Introducing a truly exceptional investment opportunity at 3 Cedar Drive, Beaudesert. This property offers a wealth of advantages that make it a standout choice for investors looking to secure their financial future.

The units are designed with modern living in mind and each unit features:
? 2 bedrooms

? Open plan, air-conditioned living and dining room
? Well-equipped kitchen
? Ample storage
? Main bathroom with separate toilet
? Internal laundry.
? Outdoor patio area each with lovely views of local farmland
? Single carport for each unit

The combined rental income from all units currently stands at $750 per week. A scheduled increase to $900 per week in December 2023 will elevate your returns even further, solidifying its status as a lucrative investment venture. With no Body Corp in place, you are spared from additional expenses, making this an even more appealing prospect.

With long-term renters in place for 6+ years, and one tenant proudly residing for an impressive 17 years, you can rest assured that this property's impeccable condition will continue. This stability ensures consistent rental income, making it a dependable and hassle-free investment.

3 Cedar Drive represents a rare and exciting investment opportunity. Its long-standing, reliable tenants, well-maintained units, and views make it an appealing prospect for savvy investors seeking a great return. Don't miss out on this chance to secure a low-maintenance investment with substantial income potential. Act now to reap the rewards of this exceptional investment property!

Yearly Expenses:
Council Rates $4532
Water and Sewerage $3352
Insurance $1635
No Body Corp in place
Note: Figures supplied are approx.

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Property History for 3 Cedar Dr, Beaudesert, QLD 4285

A timeline of how this property has performed in the market
Last Sold
$735,000
04 Aug 2023
Listed for Rent
$180/w
24 Jan 2009
  • 04 Aug 2023
    Sold for $735,000
  • 20 Jun 2023
    Listed for Sale Not Disclosed
  • 10 Jul 2020
    Sold for $450,000
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About Beaudesert 4285

The size of Beaudesert is approximately 43.6 square kilometres. It has 24 parks covering nearly 3.6% of total area. The population of Beaudesert in 2011 was 5,998 people. By 2016 the population was 6,408 showing a population growth of 6.8% in the area during that time. The predominant age group in Beaudesert is 0-9 years. Households in Beaudesert are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Beaudesert work in a labourer occupation. In 2011, 52.8% of the homes in Beaudesert were owner-occupied compared with 49.2% in 2016.

Beaudesert has 3,732 properties.

    There are currently 43 properties listed for sale, and 7 properties listed for rent in Beaudesert on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Beaudesert.

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