1 Wellington StreetBrassall QLD 4305
Property Details for Lot 28/1 Wellington St, Brassall
Lot 28/1 Wellington St, Brassall is a 2 bedroom, 2 bathroom Unit and was built in 2003. The property has a land size of 103m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2003.
Last Listing description (March 2019)
SELF MANAGED SUPER FUND ---- Here is your opportunity to grab A Great Positive Cash flow Investment!
Lot 28 encompasses 2 units (55 and 56) strata titled meaning you own the building. With full onsite 24 hour management and great care facilities.
Rental yield returns around $23000 per year after management fees.
Tax deductible expenses include $5000 approx for Body Corps for both units plus general rates and water. Your net investment is approx $18,000 per year. Where do you get this type of return???
Property History for Lot 28/1 Wellington St, Brassall, QLD 4305
- 03 Apr 2017Listed for Sale $195,000
- 16 Apr 2011Listed for Sale Not Disclosed
- 24 Mar 2007Listed for Sale Not Disclosed
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About Brassall 4305
The size of Brassall is approximately 8.2 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Brassall in 2011 was 9,245 people. By 2016 the population was 10,902 showing a population growth of 17.9% in the area during that time. The predominant age group in Brassall is 20-29 years. Households in Brassall are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brassall work in a trades occupation. In 2011, 56.1% of the homes in Brassall were owner-occupied compared with 50.5% in 2016.
Brassall has 5,653 properties. Over the last 5 years, Houses in Brassall have seen a 88.57% increase in median value, while Units have seen a 82.00% increase. As at 31 October 2024:
- The median value for Houses in Brassall is $685,077 while the median value for Units is $444,509.
- Houses have a median rent of $500 while Units have a median rent of $435.
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