SOLD
Sold on 28 Aug 2024 for $455,000

33/307-309 Old Cleveland Road E
Capalaba QLD 4157

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 58m2
Sold By
RAAS Group Real Estate
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Property Details for 33/307-309 Old Cleveland Rd E, Capalaba

33/307-309 Old Cleveland Rd E, Capalaba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Capalaba in the last 12 months.

Building Type
Unit
Land Size
58m2
Local Government
Redland
Lot/Plan
33/SP326072

Last Listing description (October 2024)

This contemporary 1 bedroom unit built in 2019 offers a fantastic opportunity for comfortable and convenient living. With its modern design, abundance of amenities, and excellent location, this property is sure to impress. This very conveniently located unit is set just outside the heart of Capalaba. With shopping centres, schools, childcare, TAFE and Capalaba business precinct all within 2-5 minutes away, much of life is on your doorstep.

The unit boasts a sleek and modern design, set within a well-maintained community. Step inside and be greeted with a spacious and light-filled open-plan living area. The living room provides an inviting space for relaxation and entertainment of which flows out onto a large balcony. The modern kitchen includes stone benchtops, tile splash back, stainless appliances with contemporary finishes and ample storage. The generous sized bedroom has walk in robe and the very spacious bathroom includes the laundry area for convenience.

Enjoy the peaceful suburban atmosphere while having easy access to all essential amenities making this unit a hub for both relaxation and practicality. There is an above ground pool and spacious entertaining and games area for use by residents. The complex at Kubunity is a part of a vibrant community and presents a fantastic opportunity for both owner-occupiers and savvy investors. With strong rental demand in the area, it offers the potential for excellent returns on investment. Whether you're a first-time buyer, an investor, or simply looking to downsize, this unit offers exceptional value and endless possibilities.

THE NUMBERS:
Strata levies approximately $44 per week.
Council Rates approximately $730 per quarter (includes water).
Tenanted until 5 August 2025 at $500 per week.

Inspections on appointment. Please enquire with Brendan to make arrangements to inspect.

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 33/307-309 Old Cleveland Rd E, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$455,000
28 Aug 2024
  • 28 Aug 2024
    Sold for $455,000
  • 15 Aug 2024
    Listed for Sale Offers over $430,000
  • 09 Jun 2020
    Sold for $245,688

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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 8,571 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 65 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 391 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.