OFF MARKET

10 Narella Street
Collingwood Park QLD 4301

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 450m2
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Last updated 16 Sep 2024
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Property Details for 10 Narella St, Collingwood Park

10 Narella St, Collingwood Park is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 450m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
2018
Floor Size
97m2
Land Size
450m2
Local Government
Ipswich
Lot/Plan
203/SP287293

Last Listing description (October 2022)

Cash flow positive Dual Key property offering a great return on investment. Facts & Figures - built in 2018 so ample tax depreciation - remainder of builders structural warranty - Dual key or an auxiliary dwelling means if one tenant vacates you still have rent coming in with the other unit - figures sourced from Corelogic August 2022 indicate Collingwood Park capital growth over the past 12 months of 38.29% - High Yield of 5% plus Long term tenants in place that actually look after the property, both units have had the same tenants for approx 4 years.

Unit 1
o Master Bedroom| Ensuite | Built-In Robe

o 2 Remaining Bedrooms with Built In Robes
o Stylish Family Bathroom
o Air-Conditioned Kitchen, Living & Dining Area
o Ceiling Fans & Downlights Throughout
o Kitchen with Modern Appliances | Stone Bench Tops
o Internal Laundry
o Under Cover Patio
o Single Remote Garage
o Security Screens
o Fully Fenced Back Yard
o New Lease Signed for Oct 2022 April 2023 at $360 Per Week

Unit 2
o Master Bedroom with Built-In Robes
o Modern Bathroom
o Air-Conditioned Kitchen, Living & Dining Area
o Internal Laundry
o Under Cover Patio
o Single Remote Garage
o Security Screens
o Fully Fenced Back Yard
o New Lease Signed for Sept 2022 Sept 2023 at $275 Per Week

Narella Street is located in the new estate of Six Mile Creek within the Woodlinks State School catchment and a 5 minute drive to Redbank Plains Town Square and train station plus only a 10 minute drive to Springfield Central with the Orion Shopping Centre, Lagoon and Uni of Southern Qld

For Further Information please contact Adam on 0499 007 797

Disclaimer:
PLEASE NOTE: *With the advice and direction from Federal Government and Real Estate Institution of QLD (REIQ), we are excited to now be conducting open inspections. Please keep in mind restrictions still apply with a maximum of 50 attendees inside the property at one time. Social distancing and hygiene protocols will also be strongly observed.

*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.

Property History for 10 Narella St, Collingwood Park, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$615,000
07 Sep 2022
  • 07 Sep 2022
    Sold for $615,000
  • 16 Aug 2022
    Listed for Sale UNDER CONTRACT
  • 15 Nov 2017
    Sold for $189,500
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About Collingwood Park 4301

The size of Collingwood Park is approximately 7.4 square kilometres. It has 16 parks covering nearly 11.9% of total area. The population of Collingwood Park in 2011 was 6,622 people. By 2016 the population was 7,098 showing a population growth of 7.2% in the area during that time. The predominant age group in Collingwood Park is 0-9 years. Households in Collingwood Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Collingwood Park work in a clerical occupation. In 2011, 59.3% of the homes in Collingwood Park were owner-occupied compared with 61.5% in 2016.

Collingwood Park has 5,843 properties. Over the last 5 years, Houses in Collingwood Park have seen a 105.46% increase in median value, while Units have seen a 101.71% increase. As at 31 August 2024:

  • The median value for Houses in Collingwood Park is $715,334 while the median value for Units is $516,350.
  • Houses have a median rent of $530 while Units have a median rent of $475.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Collingwood park on OnTheHouse. According to CoreLogic's data, 309 properties were sold in the past 12 months in Collingwood park.

Suburb Insights for Collingwood Park 4301

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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.