OFF MARKET

1/58 Island Street
Cleveland QLD 4163

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
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Last updated 11 Nov 2024
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Property Details for 1/58 Island St, Cleveland

1/58 Island St, Cleveland is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1990
Floor Size
120m2
Local Government
Redland
Lot/Plan
1/GTP2570

Last Listing description (March 2017)

This newly renovated three bedroom townhouse offers generous living within walking distance of the Hub of Cleveland and is ideal for the first home buyer, investor or couples downsizing.
Upstairs there are three generous bedrooms, all with built in robes, ceiling fans, new blinds and plush new carpet. There is also the bathroom with bath, shower and vanity along with separate toilet and walk in linen closet.
Downstairs offers open plan kitchen, dining and lounge area looking out onto the large courtyard. With new carpet, ceiling fan and split system air conditioning there is also a second guest toilet, laundry and single lock up garage.

The private courtyard is fully fenced with the block size of this townhouse being 238m2.
Body Corporate levies are low and there is new fencing being installed at the end of January 2017 which will be included in the sale.
Townhouses of this size are a rare find and a must to inspect. A rental income of $395/week is achievable.

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Property History for 1/58 Island St, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$385,000
27 Jan 2017
Listed for Rent
15 Apr 2016
  • 27 Jan 2017
    Sold for $385,000
  • 15 Dec 2016
    Listed for Sale $385,000
  • 09 Feb 2016
    Listed for Rent $360 / week
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About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of total area. The population of Cleveland in 2011 was 14,413 people. By 2016 the population was 14,791 showing a population growth of 2.6% in the area during that time. The predominant age group in Cleveland is 50-59 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation. In 2011, 63% of the homes in Cleveland were owner-occupied compared with 62.2% in 2016.

Cleveland has 8,869 properties. Over the last 5 years, Houses in Cleveland have seen a 81.44% increase in median value, while Units have seen a 78.00% increase. As at 31 October 2024:

  • The median value for Houses in Cleveland is $1,142,514 while the median value for Units is $728,817.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 109 properties listed for sale, and 34 properties listed for rent in Cleveland on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Cleveland.

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