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Sold on 11 Jan 2024 for $765,000

55 Paddington Street
Bellmere QLD 4510

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 623m2
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Property Details for 55 Paddington St, Bellmere

55 Paddington St, Bellmere is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 623m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom DuplexSemi-detached sold in Bellmere in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
623m2
Local Government
Moreton Bay
Lot/Plan
11/SP299463

Last Listing description (January 2024)

This modern home is the perfect investment property with long term tenants and a rental yield of approx. 5.5%. Built in 2021, so there is little, to no maintenance needed. With great tenants currently in place, your asset will be in safe hands.

Location: 55 Paddington Street, is situated in the thriving suburb of Bellmere, QLD 4510. This locale provides a peaceful residential setting while remaining close to essential amenities. Residents will appreciate the convenience of nearby shops, parks, and schools, making it an ideal location for families.

This stylish Duplex has been elegantly designed to offer luxurious open plan living connecting the outdoor entertaining area surrounded by a HUGE fully fenced back yard. Built with the modern person in mind this home is everything you should have in an investment and more! Featuring an elegant and functional design, this home has been fitted throughout with high quality fixtures. Enjoy air conditioning in the master bedroom, modern open plan kitchen, with stone bench tops, plenty of smart space cabinetry and leading brand appliances.

Features of both duplexes are:

Unit A

* Gourmet kitchen with stone bench tops and stainless-steel appliances including dishwasher
* Open plan living with Air conditioning and ceiling fan
* 3 Bedrooms master with aircon
* Alfresco entertaining area
* Single lock up garage
* HUGE Fully fenced back yard
* Currently tenanted at $430 per week

Unit B

* Gourmet kitchen with stone bench tops and stainless-steel appliances including dishwasher
* Open plan living, dining, kitchen with Air conditioning and ceiling fan
* 2 Bedrooms, master with aircon
* Alfresco entertaining area
* Single lock up garage
* HUGE Fully fenced back yard
*Currently tenanted for $350 per week

Nestled on the banks of the Caboolture River this quiet, family friendly area offers Queensland living at its finest, only minutes from everything you could ever need. Located within easy access to the Bruce Highway providing an easy travel to the Sunshine Coast and Brisbane. Making commuting to work a breeze. Morayfield shopping centre is on the doorstep and provides all shopping needs, as well as local shops and award-winning cafes. The area is also blessed with a wide variety of excellent schools both public and private, as well as early childcare and childhood learning centres. Recreational and sports facilities are in abundance here in Bellmere. The lifestyle at Riverside Estate has everything you need as an investor and more: 10 minutes- Morayfield Shopping Centre 1 hour- Brisbane CBD 5 minutes- Bellmere State School With such a fantastic location on offer, we're sure this property will not be available for long!

*** Whilst every care is taken in the preparation of the information contained within this advertisement, Moriarty Real Estate will not be held accountable for any error or misinformation.

***Some of the advertising photos have been digitally staged for effect.

Property Code: 348

Property History for 55 Paddington St, Bellmere, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$765,000
11 Jan 2024
Listed for Rent
07 Jun 2024
  • 28 May 2024
    Listed for Rent $470 / week
  • 11 Jan 2024
    Sold for $765,000
  • 11 Dec 2023
    Listed for Sale Offers over $749,990
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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 2,590 properties. Over the last 5 years, Houses in Bellmere have seen a 102.72% increase in median value, while Units have seen a 67.90% increase. As at 31 August 2024:

  • The median value for Houses in Bellmere is $722,967 while the median value for Units is $460,524.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Bellmere on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Bellmere.

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Marie Moriarty
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Sean Moriarty
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Moriarty Real Estate
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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.