OFF MARKET

1/18 Elms Street
Bundamba QLD 4304

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 66m2
Land area: 100m2
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Property Details for 1/18 Elms St, Bundamba

1/18 Elms St, Bundamba is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 100m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
1990
Floor Size
66m2
Land Size
100m2
Local Government
Ipswich
Lot/Plan
1/BUP102606

Last Listing description (February 2014)

Savvy Duplex Investment - Buy 1 or Buy Both
# Ideal opportunity to buy one or both of these tidy units# Currently rented on a month to month basis # Market rent should be $240-$250 per week# Units are strata titled with no body corp fees# Long term tenants in place who would love to stayThis is a great opportunity for the savvy investor to add a full duplex to their portfolio or have the pick of both units. Alternatively this full set of duplex would be ideally suited to a family who require separate living, possibly Mum & Dad in one unit and you in the other.At present the current tenants who have lived here for almost 10 years are on a month to month lease and the current owner has left the weekly rent at a low $220 per week as he respects the care and love that the current tenants show his prime investment property.If rented at market value the units should see a weekly return of $240 to $250 per week with ease as they are centrally located close to Schools, parks and offer quick highway access to Brisbane.Upon arriving at 18 Elms Street you will immediately notice that this duplex has a lockable singe garage for each unit and offers ample off street parking.Inside each unit boasts 2 spacious bedrooms, a neat and tidy main bathroom which has 2 way access so they act as a semi ensuite to the master bedrooms.For ease of living each unit has a generously sized lounge and meals are as well as modern carpet throughout.The kitchens are both practical and appealing with ample storage space and each unit has air conditioning for added comfort to you or your tenants.As you make your way to the rear of the duplex you will find a concreted outdoor entertaining area as well as a huge grassed back yard.Each unit also has its own laundry facilities, security grills and doors for added peace of mind and a fully tiled roof.As mentioned due to the duplex being owned solely by one person there are no body corp. fees but if you choose to buy one unit only, then we can easily discuss and agree on a minimal fee to cover the insurance policy for the units and still keep any body corp. fees to an absolute minimum.The duplex itself is approx 20 years old and is located in a flood free position and is surrounded by established homes which makes it ultra attractive to owner occupiers or investors.I welcome all genuine inquiries and inspections are encouraged but we do require 24 hours notice for our great tenants.If you have been searching for that perfect investment opportunity or just a new home for yourself then please contact Glenn Ball at First National Action Realty today.

Property History for 1/18 Elms St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$185,000
19 Jan 2020
  • 19 Jan 2020
    Sold for $185,000
  • 16 Aug 2017
    Sold for $190,000
  • 23 May 2014
    Sold for $162,500
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About Bundamba 4304

The size of Bundamba is approximately 11 square kilometres. It has 16 parks covering nearly 6.8% of total area. The population of Bundamba in 2011 was 5,402 people. By 2016 the population was 6,503 showing a population growth of 20.4% in the area during that time. The predominant age group in Bundamba is 20-29 years. Households in Bundamba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundamba work in a labourer occupation. In 2011, 62.7% of the homes in Bundamba were owner-occupied compared with 53.3% in 2016.

Bundamba has 3,323 properties.

    There are currently 35 properties listed for sale, and 7 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Bundamba.

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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.