OFF MARKET

1/39 Yarrawonga Drive
Castle Hill QLD 4810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 172m2
Land area: 327m2
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Property Details for 1/39 Yarrawonga Dr, Castle Hill

1/39 Yarrawonga Dr, Castle Hill is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 327m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
2002
Floor Size
172m2
Land Size
327m2
Local Government
Townsville City
Lot/Plan
1/SP215489

Last Listing description (May 2021)

- Stunning views of Cleveland Bay and surrounds
- One of only two units on a stunning 1210m2 block
- Unit area of 327m2

- 682m2 Exclusive use area
- Near level back yard. Hard to find on Castle Hill
- Ground level so no stairs to worry about
- No Body Corporate fees
- Original Owner
- Significantly below valuation
- Offers Invited

Our Vendor is the original owner of 39 Yarrawonga Drive who acquired the magnificent 1210m2 site with its breathtaking views in 1984 and built a substantial family residence over two levels in 1985.

In 2008 a Body Corporate was established to create two separate Lots. The vendor retained Lot 1 which includes the entire ground floor, a detached outbuilding and exclusive use over 682m2 (80%) of the common property meaning almost the entire near level yard with its lush green lawns, landscaped gardens and incredible panoramic views extending from Herveys Range across Cape Pallarenda, Magnetic Island, Townsville City and all the way to Cape Cleveland are included.

As there are only 2 lots the Community Titles Scheme was established under the Small Schemes Regulation Module so there is no requirement for the appointment of a Body Corporate Manager and therefore no Administration or Sinking Fund fees to worry about.

39 Yarrawonga Drive is arguably one of the best sites on Yarrawonga Drive as it is right on the front of our magnificent Castle Hill on the crest of the road where it levels out. A considerable amount of expensive site works were done at the construction stage including the addition of retaining walls and introducing substantial amounts of fill to site to create as near level and family friendly a block as possible which is lacking on a lot of Castle Hill properties.

Lot 1 is 327 m2 and includes 206m2 of living space, 41m2 of garage space, 52m2 of covered patio space and a 28m2 outbuilding. The living areas present in good original condition and very little has changed since 1985 making it the perfect blank canvas for the astute buyer. No doubt the new owner will renovate and remodel the interior to their requirements but for the time being the property is extremely comfortable and homely. The living space currently has a huge open plan lounge dining area, a generous kitchen with servery, two large bedrooms with a large walk in robe to the main, a spacious retro bathroom, entry and corridor with study nook and storage. The way it has been designed there are incredible views from every room.

The garage will accommodate both your vehicles comfortably. The patio extends the full width of the building and allows you to make the most of the garden and the million dollar views over Cleveland Bay and the Island. The outbuilding is positioned well away from the main building and is a quirky and fun addition. Currently used as a store room and workshop it has a myriad of potential uses including a man cave, kids retreat or studio.

If you want to live in one of Townsvilles most exclusive Blue Chip neighbourhoods surrounded by magnificent homes with the best sea views in town then this is a once in a lifetime opportunity. This potential of this property is limited only by your imagination. The Vendor is on the move and the home of 35 years must reluctantly be sold. To enquire about this special home or to arrange a private viewing please contact Exclusive Agent Simon Wright.

Property History for 1/39 Yarrawonga Dr, Castle Hill, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$799,000
28 May 2021
  • 28 May 2021
    Sold for $799,000
  • 23 Mar 2020
    Listed for Sale $799,000
  • 29 Mar 2008
    Listed for Sale Not Disclosed

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About Castle Hill 4810

The size of Castle Hill is approximately 2.3 square kilometres. It has 2 parks covering nearly 67.8% of total area. The population of Castle Hill in 2011 was 1,008 people. By 2016 the population was 919 showing a population decline of 8.8% in the area during that time. The predominant age group in Castle Hill is 50-59 years. Households in Castle Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castle Hill work in a professional occupation. In 2011, 76.4% of the homes in Castle Hill were owner-occupied compared with 81% in 2016.

Castle Hill has 489 properties. Over the last 5 years, Houses in Castle Hill have seen a 34.19% increase in median value, while Units have seen a 45.46% increase. As at 31 October 2024:

  • The median value for Houses in Castle Hill is $972,719 while the median value for Units is $440,337.
  • Houses have a median rent of $750 while Units have a median rent of $220.
There are currently 9 properties listed for sale, and 1 property listed for rent in Castle hill on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Castle hill.

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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.