OFF MARKET

5/25 Neiwand Street
Calamvale QLD 4116

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 109m2
Land area: 137m2
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Property Details for 5/25 Neiwand St, Calamvale

5/25 Neiwand St, Calamvale is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2007. The property has a land size of 137m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Townhouse
Year Built
2007
Floor Size
109m2
Land Size
137m2
Local Government
Brisbane
Lot/Plan
5/SP198306

Last Listing description (November 2023)

Opportunity knocks! Welcome to your chance to secure a prime investment property in one of the most sought-after locations. This spacious 3-bedroom, 2.5-bathroom townhouse with a 1-car garage is a gem you won't want to miss. Currently occupied by reliable tenants paying $410 per week, this property promises steady income until November 2023.

Key Features:

Ideal Location:

Nestled in a highly sought-after community known for its convenience and amenities.
Proximity to schools, parks, shopping, dining, and major transportation routes.

Spacious Layout:
This townhouse offers a comfortable and functional layout, perfect for modern living.
Three well-appointed bedrooms, ideal for tenants or future homeowners.

Modern Kitchen:
The property features a sleek, modern kitchen with updated appliances and fixtures.
A highlight for tenants and a great asset for future occupants.

Tenant in Place:
Reliable tenants currently occupy the property, ensuring immediate rental income.
Rental income of $410 per week provides an attractive return on investment.

Community Pool Access:
Enjoy the perks of a community pool area, perfect for relaxation and social gatherings.
An added bonus for tenants and future occupants.

1-Car Garage:
The attached 1-car garage provides convenience and secure parking for residents.
Additional parking options available within the community.

Investment Opportunity:
This property represents an excellent investment opportunity with a tenant already in place.
Potential for long-term rental income and future appreciation.

Tenant Information:
Current lease agreement in effect until November 2023, offering stability for investors.
Tenants are responsible and have maintained the property.

expenses
Body corporate $93 per week approximately
Rates $40 per week approximately
Water $23 per week approximately

This townhouse presents a rare opportunity for investors seeking a turnkey property with reliable tenants and a prime location. Whether you're looking to expand your investment portfolio or start your real estate journey, this property is a smart choice. Act now to secure this valuable asset and enjoy the benefits of steady rental income.

Property History for 5/25 Neiwand St, Calamvale, QLD 4116

A timeline of how this property has performed in the market
Last Sold
$540,000
25 Sep 2023
Listed for Rent
17 Nov 2021
  • 25 Sep 2023
    Sold for $540,000
  • 21 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 16 Apr 2020
    Listed for Rent $380 / week
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About Calamvale 4116

The size of Calamvale is approximately 6.6 square kilometres. It has 31 parks covering nearly 12.5% of total area. The population of Calamvale in 2011 was 15,291 people. By 2016 the population was 17,127 showing a population growth of 12.0% in the area during that time. The predominant age group in Calamvale is 30-39 years. Households in Calamvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Calamvale work in a professional occupation. In 2011, 68.5% of the homes in Calamvale were owner-occupied compared with 65.4% in 2016.

Calamvale has 7,203 properties. Over the last 5 years, Houses in Calamvale have seen a 87.20% increase in median value, while Units have seen a 104.47% increase. As at 31 October 2024:

  • The median value for Houses in Calamvale is $1,217,403 while the median value for Units is $681,901.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 83 properties listed for sale, and 23 properties listed for rent in Calamvale on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Calamvale.

Suburb Insights for Calamvale 4116

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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.