SOLD
Sold on 22 Jul 2024 for $381,500

35/60-66 Elliott Street
Caboolture QLD 4510

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 94m2
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Property Details for 35/60-66 Elliott St, Caboolture

35/60-66 Elliott St, Caboolture is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 94m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Caboolture in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
94m2
Land Size
94m2
Local Government
Moreton Bay
Lot/Plan
35/SP229621

Last Listing description (August 2024)

Welcome to 35/60-66 Elliott Street, Caboolture...

Attention all investors, first home buyers & downsizers! This Modern 2 Bedroom, 2 Bathroom Unit is situated on the top floor offering picturesque views of the Centenary Lakes parkland.

This affordable Unit would make the perfect addition to your investment portfolio. Currently tenanted on a periodic lease for $320.00 rent per week, with a clean, tidy & reliable tenant who would love to continue living long term.

The unit features;
> 2 Bedrooms, both with ceiling fans & access to the balcony
> The master bedroom also features a spacious walk in robe & ensuite with 2nd toilet
> Open plan kitchen with dishwasher & electric cooking overlooks the combined lounge & dining room
> Air conditioning in the living area & master bedroom
> Main bathroom with shower over bath, internal laundry with clothes dryer included
> Great sized balcony with picturesque views of Centenary Lakes

The four story complex has an elevator and consists of 40 units. As well as access to the visitor car parking, included with your unit is a single secure car park & an additional lock up storage space.
Each unit is individually metered and is water efficient, meaning tenants pays for all water usage. If you're an investor, we have a rental appraisal completed for $380.00 - $400.00 rent per week which equals an approx. gross return on your investment of 5.79% per annum at this asking price.

Please note if youre a first home buyer or owner occupier looking to purchase and move in, this is possible however due to the periodic lease in place, 60 days notice to the tenant is required.

Most recent quarterly body corporate approximate costs are as follows & to be used as a guide only;

> Admin Fund = $445.50 p/q
> Sinking Fund = $231.00 p/q

Located literally at the back fence line is Centenary Lakes which is home to a multitude of sporting activities including; NRL, Netball, Boxing, Tennis, BMX Riding and Lawn Bowls just to name a few. It is also a popular location on weekends for the family to feed the ducks by the lakes or take the dogs to the dog park. With stunning landscaped gardens and well kept parklands, you can see why Centenary Lakes is an asset to our local area and is used frequently by the complex's residents.

It's almost impossible now to find a modern investment located within walking distance to Cabooltures CBD for under $400,000 in today's market.

Please contact Jarrod Willis on 0402 164 516 today to register your interest before this golden opportunity is quickly missed.

Property History for 35/60-66 Elliott St, Caboolture, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$381,500
22 Jul 2024
Listed for Rent
$270/w
26 Mar 2013
  • 22 Jul 2024
    Sold for $381,500
  • 16 Jul 2024
    Listed for Sale Best Offer over $359,000
  • 08 Mar 2013
    Listed for Rent - Price not available
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About Caboolture 4510

The size of Caboolture is approximately 68.7 square kilometres. It has 69 parks covering nearly 17.8% of total area. The population of Caboolture in 2011 was 21,929 people. By 2016 the population was 26,417 showing a population growth of 20.5% in the area during that time. The predominant age group in Caboolture is 20-29 years. Households in Caboolture are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture work in a labourer occupation. In 2011, 49.7% of the homes in Caboolture were owner-occupied compared with 48.6% in 2016.

Caboolture has 15,446 properties. Over the last 5 years, Houses in Caboolture have seen a 108.46% increase in median value, while Units have seen a 86.53% increase. As at 31 October 2024:

  • The median value for Houses in Caboolture is $732,046 while the median value for Units is $419,621.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 170 properties listed for sale, and 115 properties listed for rent in Caboolture on OnTheHouse. According to CoreLogic's data, 775 properties were sold in the past 12 months in Caboolture.

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Richardson & Wrench Caboolture
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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.