42/9 Lindsay St, Bundamba is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Suitable for cash buyers and SMSF
Fantastic little Investment unit, add to your portfolio or start one with this low risk / high return unit in Oxford Crest, Bundamba, an over 55's independent living village.
Tenant is assisted by the Government so near guaranteed rent. Low maintenance and great returns. Call to arrange an inspection.
$13,260 Rent
$4785 Body Corporate levies
$3000 Council rates and water
$4288 approx income =5 - 6% net
Where else do you get these returns at this price!
Purpose built village for over 55's Independent Living - wheelchair friendly - social club house - meal service in dining room - linen service - caring onsite managers in a well maintained complex.
This unit is located upstairs in the building, offering cool breezes and peaceful surroundings. Only 42 units in complex.
Please contact the agent for an inspection.
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 3,326 properties. Over the last 5 years, Houses in Bundamba have seen a 103.95% increase in median value, while Units have seen a 71.75% increase. As at 31 October 2024:
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