OFF MARKET

29 Luck Street
Drayton QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 75m2
Land area: 1605m2
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Property Details for 29 Luck St, Drayton

29 Luck St, Drayton is a 3 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1975. The property has a land size of 1605m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1975
Floor Size
75m2
Land Size
1605m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP178521

Last Listing description (August 2022)

Under Contract Sold Via OPENN Offers.

This private treaty/sale is being facilitated by Openn Offers (an online sales process). It can sell to any Qualified Buyer at any time. Register your interest at the Openn App/Website or contact the sales agent IMMEDIATELY to avoid missing out.



- Large 1,605m block
- Constructed in 1983
- $910 per week investment return
- 1.8km to University of Southern Queensland
- No body corporate fees
- Rates $3022.53 /half year
- Water access charge $545.90 /half year

These units present a rare investment opportunity for the astute buyer. Situated in a top-tier location in close proximity to the University, schools and shops. All four units are currently tenanted and returning a total of $910 per week. There is untapped investment potential in these units.

Unit 1
- 3 bedrooms
- open plan living/ kitchen
- Separate toilet
- SLUG
- Currently tenanted until 4/9/22
- Rented at $250 p/w
- Rent Potential - $290 per week

Unit 2
- 2 bedrooms
- open plan living/ kitchen
- Separate toilet
- SLUG
- Currently tenanted until 5/9/22
- Rented at $200 p/w
- Rent Potential - $270 per week

Unit 3
- 2 bedrooms
- open plan living/ kitchen
- Separate toilet
- SLUG
- Currently tenanted on a Periodical Lease
- Rented at $215 p/w
- Rent Potential - $270 per week

Unit 4
- 3 bedrooms
- open plan living/ kitchen
- Separate toilet
- SLUG
- Currently tenanted until 4/3/23
- Rented at $245 p/w
- Rent Potential - $290 per week

Internal Photos are indicative only.

Properties like this are scarce, make an offer today to add this to your investment portfolio.

Property History for 29 Luck St, Drayton, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$782,000
04 Jul 2022
  • 04 Jul 2022
    Sold for $782,000
  • 07 Jun 2022
    Listed for Sale Offers Over $700,000
  • 04 Nov 1982
    Sold for $20,000

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About Drayton 4350

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:

  • The median value for Houses in Drayton is $671,226 while the median value for Units is $396,503.
  • Houses have a median rent of $450 while Units have a median rent of $445.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Drayton on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Drayton.

Suburb Insights for Drayton 4350

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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.