OFF MARKET

16 Munthari Drive
Berrinba QLD 4117

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 603m2
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Property Details for 16 Munthari Dr, Berrinba

16 Munthari Dr, Berrinba is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 603m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Year Built
2013
Land Size
603m2
Local Government
Logan City
Lot/Plan
71/SP280639

Last Listing description (December 2019)

Stunning Brisbane Investment Massive Returns
Just completed, High Return in Capital Growth Area.
Already built, already rented to good Tenants,

In an established area with more infrastructure growth assured.
Two new brick and colourbond roof corner site homes sold together on one title just 23 minutes from Brisbane CBD.
Ample size and open plan 3Br home and 2Br home featuring contemporary specifications and each with large fenced garden courtyards in a desirable growth location.
Brilliant for Investor or SMSF looking for excellent returns, a positive cash flow or Capital Growth.

Details:
Total land area: 603m2
Total Building area; 222m2
House 1 - 3 bedroom Home, 2 bath 1 LUG - 129M2 internal, 105M2 fenced garden. Rental income = $400 pw
House 2 - 2 bedroom Home, 2 bath 1 LUG - 92M2 internal, 60M2 fenced garden. Rental income = $300 pw
Returning $700 per week, ($36,400 pa) representing a massive return.
While Berrinba is already well serviced, more infrastructure coming into the area will likely increase both desirability and values.
Two Homes, One Title, Just Completed, High Return, Capital Growth Area - Stunning Brisbane Investment.

Property History for 16 Munthari Dr, Berrinba, QLD 4117

A timeline of how this property has performed in the market
Last Sold
$260,000
21 Feb 2017
  • 14 Dec 2018
    Listed for Sale Offers Over $599,000
  • 26 Jul 2018
    Listed for Sale $655,000
  • 09 Oct 2017
    Listed for Sale $655,000
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About Berrinba 4117

The size of Berrinba is approximately 5.9 square kilometres. The population of Berrinba in 2011 was 1,382 people. By 2016 the population was 1,345 showing a population decline of 2.7% in the area during that time. The predominant age group in Berrinba is 30-39 years. Households in Berrinba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berrinba work in a clerical occupation. In 2011, 66.7% of the homes in Berrinba were owner-occupied compared with 62.5% in 2016.

Berrinba has 950 properties.

    There are currently 2 properties listed for sale, and 4 properties listed for rent in Berrinba on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Berrinba.

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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.