SOLD
Sold on 29 Dec 2023 for $425,000

27/307-309 Old Cleveland Road E
Capalaba QLD 4157

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 61m2
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Property Details for 27/307-309 Old Cleveland Rd E, Capalaba

27/307-309 Old Cleveland Rd E, Capalaba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 61m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Capalaba in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
52m2
Land Size
61m2
Local Government
Redland
Lot/Plan
27/SP326072

Last Listing description (October 2024)

This ground floor unit offers a fantastic opportunity for those seeking a stylish and affordable residence or a an investment property with a strong yield. Situated in a highly sought-after and extremely convenient location, this unit boasts a well-designed floor plan that maximizes space and functionality. The open-plan airconditioned living area flows from the kitchen, creating a warm and inviting atmosphere for both relaxation and entertaining. The bedroom is a cozy retreat with a large built in robe and ceiling fan for the warmer months. The unit also features a modern bathroom, complete with sleek fixtures and finishes that add a touch of elegance. The carport is conveniently located right at the front door. The private courtyard provides a suitable space for pets (pending body corporate approval) and the opportunity for outdoor entertaining. Only steps from the front door is a functional entertainment and games area along with an above ground pool and BBQ area, but there is a catch......you DON'T have to physically maintain any of it.

Whether you're a first-time buyer, an investor, or simply looking to downsize, this unit offers exceptional value and endless possibilities. Capalaba is a vibrant suburb known for its friendly community, excellent amenities, and ease of access to nearby shopping centers, education institutions, parks, cafe's and public transport. Whether you're looking to explore the local shops and cafes or enjoy a relaxing day under the sun at the nearby waterfront, this location offers a perfect balance of lifestyle and convenience.

Features:

- Open-plan airconditioned living area for relaxation and entertaining
- Modern kitchen with ample storage space
- Large bedroom with built in robes
- Stylish bathroom with sleek fixtures
- Carport at the front door
- Convenient location with easy access to amenities and public transportation
- Complex pool and undercover recreation/games area
- 500m to the Capalaba business and shopping precinct
- Only minutes drive to beautiful Moreton Bay

Body corporate levies - approx $38 per week.
Council rates - approx $690 per quarter (includes water usage).
Rental appraisal - $450 per week

Private inspection will be arranged on request.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own inquiries.

Property History for 27/307-309 Old Cleveland Rd E, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$425,000
29 Dec 2023
  • 29 Dec 2023
    Sold for $425,000
  • 27 Oct 2023
    Listed for Sale Offers $420,000+ considered
  • 23 Jun 2020
    Sold for $297,524

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About Capalaba 4157

The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2011 was 16,644 people. By 2016 the population was 17,365 showing a population growth of 4.3% in the area during that time. The predominant age group in Capalaba is 50-59 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation. In 2011, 72.1% of the homes in Capalaba were owner-occupied compared with 71.4% in 2016.

Capalaba has 8,573 properties. Over the last 5 years, Houses in Capalaba have seen a 78.44% increase in median value, while Units have seen a 98.62% increase. As at 31 October 2024:

  • The median value for Houses in Capalaba is $897,724 while the median value for Units is $607,921.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 53 properties listed for sale, and 63 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 384 properties were sold in the past 12 months in Capalaba.

Suburb Insights for Capalaba 4157

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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.