OFF MARKET

11 Paddington Street
Bellmere QLD 4510

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 140m2
Land area: 623m2
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Property Details for 11 Paddington St, Bellmere

11 Paddington St, Bellmere is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2014. The property has a land size of 623m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
2014
Floor Size
140m2
Land Size
623m2
Local Government
Moreton Bay
Lot/Plan
107/SP238120

Last Listing description (June 2022)

Welcome to 11 Paddington Street, Bellmere

If you're looking for a healthy set & forget addition to your residential investment portfolio then this dual key property is absolutely perfect for you, already having reliable long term tenants in place & offering a strong return on your investment of approx. 5.34% gross per annum..!

This large duplex totals 6 bedrooms, 5 bathrooms & 3 car garage consisting of a highset 4 bedroom, 3 bathroom with a double lock up garage on the left and a low set 2 bedroom, 2 bathroom with a single lock up garage on the right. Be sure to view our floorplan & online video walk-through for a clear understanding of the size & layout of this property.

Starting downstairs of the highset known as "11A" features include;

> Double remote Lock up garage
> Security screens on the ground floor
> Open plan kitchen overlooks combined lounge & dining with air conditioning
> Kitchen features Westinghouse appliances including; dishwasher, oven & cooktop
> Storage cupboard under stairs & ample linen space
> Separate laundry with sink & additional toilet
> Private outdoor patio area

Heading up the internal staircase to the living quarters are 4 double bedrooms, all with built in robes & ceiling fans. Two of the bedrooms are master bedrooms with both featuring their own ensuite with a shower, toilet & vanity in each.

Completing the upper level is a built-in study nook & another main bathroom with a shower over the bath, with a toilet & vanity.

Heading next door to the lowset also known as "11B" features include;

> Open plan kitchen overlooks air conditioned dining and lounge with access to the patio
> Kitchen features Westinghouse appliances including dishwasher, oven and chef cook top, ample cupboard space
> Master bedroom with a walk in robe & ensuite with shower, vanity & toilet
> 2nd bedroom with a built in robe & ceiling fan
> Single remote lock up garage houses the laundry
> Main bathroom with shower over bath, toilet and vanity
> Security screens throughout
> Separate study room with built in desk
> Private Outdoor patio area

Investors will be happy to know that the highset (11A) is currently tenanted long term until late September 2023 with the tenants paying $400.00 rent per week. The lowset (11B) is currently tenanted until early October 2022 however they are wishing to stay longer term & currently paying $320.00 rent per week.

There are NO additional body corporate fees or shared insurances as such for this property.

Centrally located in Bellmere & within easy walking distance to the 7/11, Quality Bellmere Butcher & Bakery, Friendly Grocer, Liquorland & other specialty stores. A further 10 minute drive into Morayfield or Caboolture and you can access the more major amenities like Morayfield Shopping Centre, the Medical HUB or the Morayfield/Caboolture train stations.

Dual income properties like this are a rare opportunity in this growing investment market, so be sure to contact Scott Lachmund or Jarrod Willis direct if you would like more information or would like to view this property via private appointment.

Property History for 11 Paddington St, Bellmere, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$725,000
14 Jun 2022
Listed for Rent
$365/w
06 Mar 2020
  • 14 Jun 2022
    Sold for $725,000
  • 24 May 2022
    Listed for Sale Best Offer Over $699,000
  • 26 Feb 2020
    Listed for Rent $300 / week
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About Bellmere 4510

The size of Bellmere is approximately 23.7 square kilometres. It has 13 parks covering nearly 2% of total area. The population of Bellmere in 2011 was 5,540 people. By 2016 the population was 5,863 showing a population growth of 5.8% in the area during that time. The predominant age group in Bellmere is 0-9 years. Households in Bellmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellmere work in a labourer occupation. In 2011, 56% of the homes in Bellmere were owner-occupied compared with 55.5% in 2016.

Bellmere has 2,570 properties. Over the last 5 years, Houses in Bellmere have seen a 105.06% increase in median value, while Units have seen a 70.01% increase. As at 30 September 2024:

  • The median value for Houses in Bellmere is $736,288 while the median value for Units is $481,648.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Bellmere on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Bellmere.

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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.