7/40-42 Clifton RoadClifton Beach QLD 4879
Property Details for 7/40-42 Clifton Rd, Clifton Beach
7/40-42 Clifton Rd, Clifton Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.
Last Listing description (July 2023)
Premium Property Specialists - #1 Clifton Beach Agency over 20 years strong presents :
* Investors - Tenanted until Aug 2024
* Well maintained unit - low wear and tear
* Adjacent carport
* Eastern facing lanai and master balcony with vista to the main pool
* Closed kitchen design
* Second bathroom with bath
* Open plan lounge living
* Under cover carport directly opposite Block 7
* 4 pools in the complex
* 6 large gazebos with bbq
* Gymnasium with weights and training equipment
* Tennis court
* 500m to the beachfront
* Close to the shopping centre and amenities of Clifton Beach
The complex offers resort style living having all the features that tenants are looking for with tennis courts, many swimming pools, gymnasium and all in a secure complex. In addition it is only a few minutes to the beachfront and a short walk to the local shopping centre.
Ideal for investors with renewable rent at $450pw (current rent $340pw until 12Aug2024) :
* Owner willing to adjust price in relation to current rent levels
Total Annual fees are as follows:
Body Corporate Fees 3,622
Building Insurance 965
Council Rates 2,680
Council Water Rates 250
Total 7,517
New rental level provides a true net return of over 4% on the asking price.
Price : $350,000 unfurnished
Grant Freeman 0417 159 357 (Intl +61 417159357)
Property History for 7/40-42 Clifton Rd, Clifton Beach, QLD 4879
- 02 Aug 2022Listed for Sale $350,000
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About Clifton Beach 4879
The size of Clifton Beach is approximately 5.7 square kilometres. It has 13 parks covering nearly 4.5% of total area. The population of Clifton Beach in 2011 was 2,979 people. By 2016 the population was 3,146 showing a population growth of 5.6% in the area during that time. The predominant age group in Clifton Beach is 50-59 years. Households in Clifton Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clifton Beach work in a professional occupation. In 2011, 55% of the homes in Clifton Beach were owner-occupied compared with 54.7% in 2016.
Clifton Beach has 1,936 properties. Over the last 5 years, Houses in Clifton Beach have seen a 73.36% increase in median value, while Units have seen a 65.14% increase. As at 31 October 2024:
- The median value for Houses in Clifton Beach is $976,428 while the median value for Units is $440,799.
- Houses have a median rent of $650 while Units have a median rent of $510.
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