81 Glennie StreetDrayton QLD 4350
Property Details for 81 Glennie St, Drayton
81 Glennie St, Drayton is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 4108m2 and floor size of 152m2.
Last Listing description (November 2024)
Investment Opportunity:
Unlock the potential of this prime development site with DA approval for 16 units across two stages. Stage 1 comprises 11 units, while Stage 2 adds 5 more units, all designed as spacious 4-bedroom, 1-bathroom residences with double lockup garages. Each unit spans two stories and features two living areas, promising comfort and convenience for residents. The property already generates a great ongoing rental return, with the current 4-bedroom home fetching $20,800 per annum ($400 per week), and the shed adding $9,600 + Outs + GST annually. Additionally, the existing renovated home is in excellent condition and could be sold upon completing Stage 2, offering further potential returns.
Lifestyle Opportunity:
Live and enjoy the comfort of a beautifully renovated home featuring 4 bedrooms, 1 bathrooms, and open plan living with a double carport. Situated in a high-growth area close to UniSQ, primary schools, shops, and recent additions of an Ambulance and Fire Station, this location promises convenience and growth potential. With the CBD just under 15 minutes away, you can enjoy easy access to city amenities while relishing the tranquility of suburban living. The property is nestled on a sprawling 4,108sqm level block, providing ample space for relaxation and recreation. Additionally, an approximately 11x8m shed is perfect for a workshop or home business, with plenty of yard space for various activities. The house is fenced separately, ensuring privacy and security for you and your family.
Don't miss out on this rare opportunity to invest in both your future and your lifestyle. Contact us today and seize the potential of 81 Glennie Street!
Property History for 81 Glennie St, Drayton, QLD 4350
- 09 May 2024Listed for Sale Offers Over $880,000
- 22 Jan 2020Listed for Rent $350 / week
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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.
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