16 Walton St, Dutton Park is a 11 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 972m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
First time on the market in more than 30 years. With 12 flatettes with built in kitchenettes this registered Boarding House is currently managed by a long term and experienced manager. Returning 8% ROI the opportunities are bottomless. Cast a creative eye over this property or enjoy the income.
A 90% Occupancy rate is consistently achieved - perhaps in part due to the close proximity to the CBD, all forms of public transport and the new Boggo Road development. Endless possibilities to enhance your investment.
The size of Dutton Park is approximately 1.1 square kilometres. It has 3 parks covering nearly 13.6% of total area. The population of Dutton Park in 2011 was 1,471 people. By 2016 the population was 2,036 showing a population growth of 38.4% in the area during that time. The predominant age group in Dutton Park is 20-29 years. Households in Dutton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dutton Park work in a professional occupation. In 2011, 39.5% of the homes in Dutton Park were owner-occupied compared with 37.8% in 2016.
Dutton Park has 1,158 properties. Over the last 5 years, Houses in Dutton Park have seen a 46.64% increase in median value, while Units have seen a 88.42% increase. As at 31 October 2024:
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