41 Andrew StreetBundamba QLD 4304
Property Details for 41 Andrew St, Bundamba
41 Andrew St, Bundamba is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 679m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom DuplexSemi-detached sold in Bundamba in the last 12 months.
Last Listing description (March 2024)
Brand new and ready to go!
Looking for a cash cow to add to the portfolio? This new duplex is an NDIS Robust specification build built by Valcon Homes. What does that mean? Well you can obviously seek retail tenants for $840 per week combined (recent rental appraisal) but the real upside is when you place NDIS participants. For three participants you're looking at a potential ~$115,000 per annum!
The duplex itself is an intelligently laid out pair of homes with both benefitting from great-sized back yards. The living areas in both are spacious for their respective configurations and due to the specifications for NDIS Robust the home is built to last, think durable flooring, piano hinged doors, expoxy coated wet areas, impact resistant glass etc etc, fantastic for SMSF buyers! Both kitchens feature Fisher & Paykel dishwashers, a stainless steel oven and matching electric cooktops.
Let's talk location. Wow, there's certainly a lot happening in this pocket of Bundamba. We're in an elevated area that wasn't affected in 2011 and there are new homes popping up everywhere changing the look and feel of the neighbourhood and it's easy to see why new owners are building here. We're close to Ipswich CBD and only 40 mins from Brisbane CBD as we're reasonably close to the Warrego Highway. Schools and shops are a short drive away plus you've also got Bundamba train station within walking distance.
Duplexes like these don't last long due to the attractive yields and this one has the additional benefit of some pretty extraordinary income! Get in touch to find out more.
Features
Brand new build, handed over in December 2023
Phenomenal rental potential with NDIS participants
Two properties on one title
Separately metered for electricity and water
Ducted air conditioning
Two generous back yards
HFC NBN connection available
Durable fittings throughout
Each property has a remote lock up garage with internal entry
What's nearby?
10 mins to Ipswich CBD
40 mins to Brisbane CBD
4 mins to Bundamba train station
5 mins to Costco
1.6km to Bundamba State School
2.3km to Bundamba State Secondary
3.5km to Ipswich Girls Grammar
10km to University of Southern QLD
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Property History for 41 Andrew St, Bundamba, QLD 4304
- 08 Mar 2024Sold for $865,000
- 22 Dec 2023Listed for Sale Offers Over $849,000
- 09 Feb 2022Listed for Sale $769,990
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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 3,335 properties. Over the last 5 years, Houses in Bundamba have seen a 98.55% increase in median value, while Units have seen a 63.50% increase. As at 31 August 2024:
- The median value for Houses in Bundamba is $557,948 while the median value for Units is $409,490.
- Houses have a median rent of $485 while Units have a median rent of $420.
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