SOLD
Sold on 22 Jan 2024 for $995,000

4/123 South Street
Centenary Heights QLD 4350

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 60m2
Land area: 92m2
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Property Details for 4/123 South St, Centenary Heights

4/123 South St, Centenary Heights is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 92m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 8 bedroom Unit sold in Centenary Heights in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
92m2
Local Government
Toowoomba Regional
Lot/Plan
4/SP270040

Last Listing description (March 2024)

INVESTOR QUICK GLANCE:

- Entire Unit Block
- 2 level complex of 4 UPDATED units

- Each with 2/1/1 floorplan

- Strata-titled, selling all 4 together

- Currently yielding 5.12% P.A. gross annual rental yield
- Gross lease income $980.00 per week currently
::: Each Unit earns $245.00 per week

- 100% Leased ... lease length details will be added shortly

- Outgoings:
::: Recent General Rates and Charges: Approx $990.00 PER UNIT net 1/2 yr
::: Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption
::: ZERO body corp

SITE AND STRUCTURE:

- Desirable eastside position
- 729m2 allotment
- Possibility exists to build additional units, subject to Council approval
- Brick construction, metal roof to 2 level complex of 4 UPDATED units
- 4 carports
- Low maintenance gardens

UNITS DEEP-DIVE:

- The upstairs Units capture lovely sweeping EAST VIEWS
- Floating timber floors and updated carpets
- Updated kitchens
- Updated bathrooms
- Spacious living and dining rooms
- 2 bedrooms to each unit, all with built-in robes
- Internal laundries to each unit
- Toilet separate to bathroom in each unit
- Private balconies upstairs
- A single carport on-side for each Unit
- Best possible internet connectivity, with fibre to each Unit not just the street

WHAT'S NEARBY?

- 210 metres to park
- 400 metres to Centenary Heights High School
- 400 metres to a vibrant shopping precinct
- 1.2km to Rangeville Primary School

NOW IS THE MOMENT to seize this opportunity to add a RARE QUADPLEX site to your investment portfolio.

24/7, The Jacqui Walker Sells Team is available to answer your questions or to BOOK YOUR INSPECTION. SEE NOW!

***HANDY SPECS courtesy of Jacqui Walker Sells Sensational Moves:

- Local Government Area: Toowoomba Regional Council

- Internet: Can connect to NBN via Fibre-to-the-Premises technology, FTTP

- State School Zone: Rangeville Primary, P-6; Centenary Heights High, 7-12

- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property History for 4/123 South St, Centenary Heights, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$995,000
22 Jan 2024
  • 22 Jan 2024
    Sold for $995,000
  • 01 Apr 2023
    Listed for Sale Offers Over $995,000
  • 13 Jul 2021
    Sold for $865,000
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About Centenary Heights 4350

The size of Centenary Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 8.5% of total area. The population of Centenary Heights in 2011 was 5,878 people. By 2016 the population was 6,084 showing a population growth of 3.5% in the area during that time. The predominant age group in Centenary Heights is 20-29 years. Households in Centenary Heights are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centenary Heights work in a professional occupation. In 2011, 66.5% of the homes in Centenary Heights were owner-occupied compared with 62.4% in 2016.

Centenary Heights has 3,066 properties. Over the last 5 years, Houses in Centenary Heights have seen a 87.24% increase in median value, while Units have seen a 88.49% increase. As at 31 October 2024:

  • The median value for Houses in Centenary Heights is $640,776 while the median value for Units is $563,373.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Centenary heights on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Centenary heights.

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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.