9 Maine RoadClontarf QLD 4019
Property Details for 9 Maine Rd, Clontarf
9 Maine Rd, Clontarf is a 4 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 671m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom Unit sold in Clontarf in the last 12 months.
Last Listing description (May 2024)
LOCATION LOCATION LOCATION
What a Cracker of an investment opportunity to have instant returns in prime location only 100 metres walk to the Clontarf Waterfront. Real estate is all about the location and this is a 10 out of 10 for location.
Rarely available on the Redcliffe peninsula is a house and 2 Flats that will tick all your boxes. Zoned Multi units (Flats) in a prime location for future development potential, you have:
A low-set brick and tile home with water views, that has been recently renovated with great outdoor living spaces, 4 very spacious bedrooms, new kitchen, modern bathroom, split system air conditioning in the living and the master bedroom, tiled living areas and single lock up garage. This home has a great tenant in place that has just re-signed their lease at $600 per week.
You then have 2 Flats next door that are fully fenced and separated from the house consisting of a 1-bedroom flat with lockup garaging, timber flooring, vj walls, 12-foot ceiling height and modern kitchen returning $280 per week. Lease coming up for renewal in June.
Adjoining this flat is an extra 3-bedroom flat where the tenant has just resigned their lease at $400 per week that is due to start in April, flat 2 is unique with internal stairs, spacious kitchen, tiled and timber floor and their own front and rear courtyard area and lock up garaging.
Each of the flats have their own laundry rooms and separate electricity metres.
The land size for the properties is 671m2 and is ready for new owners now.
Note: The flats have had termite damage over time and there are currently NO active terminates on the property.
The location is within the area for future development and is only seconds to schools, shops, the waterfront and public transport. Making this a wise investment for the future.
Rental Returns broken down is:
House $600 per week
Flat 1 is $280 per week
Flat 2 $400 per week
Totaling $66,560 gross per year
With the potential to increase Flat 1 very soon. Totaling the expected returns due to renewals $1280 per week in the next 2 months.
This is one opportunity not to be missed and is sure to impress the most astute investor or maybe live in 1 down the track and have a constant income from the others.
Contact Leisa Lowe from Jan Jones Real Estate today to find out more about this fantastic opportunity and book in your inspection.
Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property Code: 2120
Property History for 9 Maine Rd, Clontarf, QLD 4019
- 25 Mar 2024Sold for $1,030,000
- 05 Feb 2024Listed for Sale Offers Over $1.1M
- 17 Jul 2014Sold for $675,000
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0About Clontarf 4019
The size of Clontarf is approximately 9.9 square kilometres. It has 24 parks covering nearly 26.3% of total area. The population of Clontarf in 2011 was 7,909 people. By 2016 the population was 8,291 showing a population growth of 4.8% in the area during that time. The predominant age group in Clontarf is 40-49 years. Households in Clontarf are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clontarf work in a trades occupation. In 2011, 62.5% of the homes in Clontarf were owner-occupied compared with 62.3% in 2016.
Clontarf has 4,536 properties. Over the last 5 years, Houses in Clontarf have seen a 85.17% increase in median value, while Units have seen a 86.37% increase. As at 31 October 2024:
- The median value for Houses in Clontarf is $827,985 while the median value for Units is $660,007.
- Houses have a median rent of $560 while Units have a median rent of $480.
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