OFF MARKET

20/8 Page Street
Bethania QLD 4205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 18 Nov 2024
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Property Details for 20/8 Page St, Bethania

20/8 Page St, Bethania is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Logan City

Last Listing description (December 2023)

This is the investment property buyers dream of, with a dual income stream for one purchase price! Long term tenancies in place.

It is located within a pensioner village in a quiet street with an onsite resident manager and communal areas. Small complex of 32 furnished units. And only a short walk to the train station and local shops. This property really is a "set and forget" and let your retirement fund grow.

* On-site undercover parking
* Both units are lowset
* Ceiling fans + Reverse cycle air conditioning - year round climate control
* Combined lounge dining areas
* Blinds and curtains throughout
* Vinyl floor in kitchen area
* All bedrooms carpeted
* Security screens
* Resident manager
* Quick access to bus stop & Train Station
* Landscaped gardens
* Parklands and town pool also in walking distance

The costs involved are:
- 2 units on one title means the one purchase price and outgoings are a combined cost.
- Body Corporate Fees - $9100 approx per year
Logan City Council Rates including water $4300 approx per year
Property size is 68 m2 and built in 2002

Income:
Both units combined estimate - $22,490 per yr ($432.50 per week)
Leases - both properties are on fixed leases

These properties certainly make sense as well as $$$, where else can ou get a % return like this?

Short drive to Logan Hospital. 30 minute drive south of Brisbane and 30 minutes north of the Gold Coast.

With Only One Thing Left To Do... That Is Beat The Crowds!!!

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Property History for 20/8 Page St, Bethania, QLD 4205

A timeline of how this property has performed in the market
  • 30 Jun 2023
    Listed for Sale Offers Over $130,000

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About Bethania 4205

The size of Bethania is approximately 5.8 square kilometres. It has 8 parks covering nearly 4.2% of total area. The population of Bethania in 2011 was 4,589 people. By 2016 the population was 5,352 showing a population growth of 16.6% in the area during that time. The predominant age group in Bethania is 70-79 years. Households in Bethania are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bethania work in a trades occupation. In 2011, 68.7% of the homes in Bethania were owner-occupied compared with 66.7% in 2016.

Bethania has 2,574 properties. Over the last 5 years, Houses in Bethania have seen a 103.55% increase in median value, while Units have seen a 92.70% increase. As at 31 October 2024:

  • The median value for Houses in Bethania is $693,556 while the median value for Units is $524,799.
  • Houses have a median rent of $525 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Bethania on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Bethania.

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