OFF MARKET

1/6 Palara Street
Currajong QLD 4812

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 97m2
Land area: 79m2
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Property Details for 1/6 Palara St, Currajong

1/6 Palara St, Currajong is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2003. The property has a land size of 79m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
2003
Floor Size
97m2
Land Size
79m2
Local Government
Townsville City
Lot/Plan
1/BUP70285

Last Listing description (September 2015)

THIS BLOCK OF UNITS IS A SOLID INVESTMENT. DIRECTLY OPPOSITE THIS COMPLEX IS OTTOS FRESH FOOD MARKET, PUBLIC TRANSPORT, CONVENIENCE SHOPPING, CAFES AND RESTAURANTS. WALKING DISTANCE TO BAYSWATER ROAD WHICH WILL TAKE YOU TO ANY LOCATION IN TOWNSVILLE IN MOMENTS. THE LOCATION IS WONDERFUL AND HAS SUITED THE CURRENT LONG TERM TENANTS VERY WELL. ALL OFFERS WILL BE PRESENTED TO THE OWNER ! THIS PROPERTY WAS BUILT APPROXIMATELY 30 YEARS AGO. DURING THE LIFE OF THE COMPLEX, TWO FAMILIES DIFFERENT FAMILIES HAVE OWNED THE HOMES AS A SOLID INVESTMENT. THE SECOND FAMILY PURCHASED THE PROPERTY IN 2003 AND SINCE THIS TIME, ALL UNITS HAVE EXPERIENCED 100% OCCUPANCY. IT IS A RARE PHENOMENA ... BUT IT IS TRUE ! ONE TENANT MOVED INTO THE PROPERTY WHEN THEY WERE BRAND NEW AND HAS NEVER MOVED OUT - AND DOESNT WANT TO IN THE FUTURE EITHER !EACH OF THE UNITS FEATURE TWO BEDROOMS, ONE BATHROOM, OPEN PLAN KITCHEN DINING AND LOUNGE AREA. THERE ARE INTERNAL LAUNDRIES IN EACH UNIT. THE DESIGN AND LAYOUT FOR EVERY UNIT IS THE SAME. ENTRY TO THE TOP LEVEL TWO UNITS ARE VIA THE STAIRCASE AT THE FRONT OF THE COMPLEX. A BALCONY IS SITUATED OUTSIDE THE TWO TOP UNITS - A WONDERFUL SPOT FOR THE TENANTS TO CATCH SOME WINTER SUN. THERE IS A CARPORT AND A STORAGE ROOM ON THE GROUND FLOOR FOR EACH UNIT. THERE IS AMPLE ADDITIONAL PARKING FOR VEHICLES FROM GUESTS OR TENANTS. THERE IS A COMMUNAL BACK YARD WHICH EVERY ONE ENJOYS. FEATURES:- NBN INSTALLED AND RUNNING- SOLID DOUBLE BRICK- CARPETED THROUGHOUT- 2X4 BEDROOMS WITH AIR-CONDITIONING- SOME RENOVATIONS HAVE BEEN DONE IN SOME UNITS, HOWEVER ONE TENANT HAS REQUESTED HIS UNIT REMAIN THE SAME - RETURNING A TOTAL OF $940 PER WEEK - $47,840 A YEAR- SEPARATE TITLES EXIST FOR EACH UNIT - HOWEVER THIS COMPLEX WILL BE SOLD TO ONE PROPERTY OWNERTHE OWNERS OF THIS INVESTMENT ARE LOOKING TO START THEIR RETIREMENT YEARS AND MOVE FURTHER SOUTH IN QUEENSLAND. THIS SALE OF THIS PROPERTY WILL ENABLE THEM TO DO THIS. THE OWNERS HAVE PROVIDED ME WITH INSTRUCTIONS BRING ALL OFFERS TO PURCHASE THE PROPERTY TO THEM IMMEDIATELY. ALL OFFERS TO PURCHASE WILL BE CONSIDERED. THE AGENT IS HAPPY TO PROVIDE YOU WITH ALL INFORMATION AVAILABLE ON THE UNITS INCLUDING LEASES, RATES, OCCUPANCY ETC. PLEASE CALL THE AGENT ANY DAY OF THE WEEK - THE AGENT AND HER TEAM ARE HERE TO HELP.

Property History for 1/6 Palara St, Currajong, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$500,000
22 Oct 2015
Listed for Rent
$160/w
28 Jul 2005
  • 22 Oct 2015
    Sold for $500,000
  • 14 May 2015
    Listed for Sale Not Disclosed
  • 01 Apr 2015
    Listed for Sale OFFERS OVER $650,000
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About Currajong 4812

The size of Currajong is approximately 2.1 square kilometres. It has 6 parks covering nearly 10.4% of total area. The population of Currajong in 2011 was 2,628 people. By 2016 the population was 2,545 showing a population decline of 3.2% in the area during that time. The predominant age group in Currajong is 20-29 years. Households in Currajong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Currajong work in a trades occupation. In 2011, 61.2% of the homes in Currajong were owner-occupied compared with 60.9% in 2016.

Currajong has 1,498 properties. Over the last 5 years, Houses in Currajong have seen a 94.17% increase in median value, while Units have seen a 61.18% increase. As at 31 October 2024:

  • The median value for Houses in Currajong is $444,879 while the median value for Units is $317,258.
  • Houses have a median rent of $458 while Units have a median rent of $320.
There are currently 8 properties listed for sale, and 14 properties listed for rent in Currajong on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Currajong.

Suburb Insights for Currajong 4812

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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.