12 Watts St, Drayton is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 733m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
- Lowset brick duplex
Each unit features:
- 2 good sized air-conditioned built-in bedrooms
Unit 1, positioned to the front of the quiet duplex features 2 carpeted bedrooms, both with large built-in cupboards and reverse cycle air-conditioning, good sized separate lounge room and spacious open plan living and dining space boasting reverse cycle air-conditioning and tiled flooring. The modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, dishwasher, corner pantry and a breakfast bar, and the family bathroom has a both a separate shower and bath and extra large vanity, the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access, the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Unit 1 is currently rented at $300 per week until July 2022, with a 12 month lease renewal signed at $350 per week from 12th July 2022.
Unit 2 is located to the rear of Unit 1 so is completely private and set back from the street. It features 2 carpeted, built-in bedrooms, each boasting reverse cycle air-conditioning. The kitchen, lounge and dining area is all open plan and has reverse cycle air-conditioning with tiled flooring, and the modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, pantry, island bench and a dishwasher. The family bathroom has a separate shower, separate bath and vanity and the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access and the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Externally there is a small patio in the private courtyard. Unit 2 is currently rented at $290 per week until September 2022.
Investors - The complex is currently returning $590 per week with the potential to increase to a total of $700 per week subject to market conditions (Rent appraised at $350 per week per unit). The tenants of Unit 1 have just signed a 12 month renewal at $350 per week commencing on the 12th of July 2022.
Rent both units and reap the rewards, move into one and rent the other ... there are plenty of options to consider! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.
General rates: currently $1,111.85 net per half year
Water rates: currently $314.95 net per half year plus consumption
Primary school state catchment: Darling Heights State School
High school state catchment: Harristown State High School
Home Built: 2005
The size of Drayton is approximately 10.5 square kilometres. It has 15 parks covering nearly 9.7% of total area. The population of Drayton in 2011 was 1,608 people. By 2016 the population was 1,721 showing a population growth of 7.0% in the area during that time. The predominant age group in Drayton is 20-29 years. Households in Drayton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drayton work in a trades occupation. In 2011, 59.2% of the homes in Drayton were owner-occupied compared with 59.9% in 2016.
Drayton has 1,177 properties. Over the last 5 years, Houses in Drayton have seen a 95.46% increase in median value, while Units have seen a 58.10% increase. As at 31 October 2024:
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