SOLD
Sold on 09 Dec 2023 for $440,000

2/42-48 River Hills Road
Eagleby QLD 4207

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 400m2
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Property Details for 2/42-48 River Hills Rd, Eagleby

2/42-48 River Hills Rd, Eagleby is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1998. The property has a land size of 400m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Townhouse sold in Eagleby in the last 12 months.

Building Type
Townhouse
Year Built
1998
Floor Size
98m2
Land Size
400m2
Local Government
Logan City
Lot/Plan
2/GTP4306

Last Listing description (January 2024)

Welcome to 2/42-48 River Hills Road, Eagleby! This charming townhouse is the perfect opportunity for investors looking for a low-maintenance property. Featuring 3 bedrooms with built in robes, 1 bathroom, and 2 toilets, this townhouse offers comfortable living spaces for you and your family. The airconditioned open plan living area is filled with natural light and features carpet throughout. The generous modern kitchen makes meal preparation easy.

The property is currently tenanted by a single hobbyist man who takes great care of the house and ensures the furniture does not touch the walls. He would like to stay long term in the property which is a bonus for an investor. (Additional photos or video walk-through are available on request).

At a glance
3 Bedrooms with builtins
Open plan airconditioned lounge and dining
Modern kitchen with electric cooktop / oven
Modern bathroom with shower cubicle & bath tub
Separate w/c
Internal laundry
Single lock up garage
Outdoor entertainment deck
Shade sail
Garden shed
Enclosed workshop / garage
Complex with only 8 townhomes

Additional information
Current tenant paying $320 per week til 13/04/2024 and would love to stay long term.
Rental Appraisal: $500 - $525 per week
Body Corp fees approx - $35.07 per week.
Rates and Water approx - $850 per quarter.
Current market rental appraisal $500 - $525 per week.

Locations
This property is in close proximity to Pacific Motorway, buses, schools, shops, doctors and only 25 minutes to Brisbane CBD and 40 minutes to Surfers Paradise.

It easy to see why Eagleby is a sought after suburb among investors and with a set and forget tenant in place, you simply couldn't pass an opportunity like this.

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Property History for 2/42-48 River Hills Rd, Eagleby, QLD 4207

A timeline of how this property has performed in the market
Last Sold
$440,000
09 Dec 2023
Listed for Rent
$320/w
27 Nov 2020
  • 09 Dec 2023
    Sold for $440,000
  • 01 Dec 2023
    Listed for Sale Sold by Rowena Gill Team!
  • 20 Nov 2020
    Listed for Rent $320 / week
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About Eagleby 4207

The size of Eagleby is approximately 13.8 square kilometres. It has 22 parks covering nearly 7.7% of total area. The population of Eagleby in 2011 was 11,971 people. By 2016 the population was 13,319 showing a population growth of 11.3% in the area during that time. The predominant age group in Eagleby is 0-9 years. Households in Eagleby are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eagleby work in a labourer occupation. In 2011, 49.4% of the homes in Eagleby were owner-occupied compared with 48.6% in 2016.

Eagleby has 6,223 properties. Over the last 5 years, Houses in Eagleby have seen a 103.22% increase in median value, while Units have seen a 112.14% increase. As at 31 July 2024:

  • The median value for Houses in Eagleby is $606,844 while the median value for Units is $503,444.
  • Houses have a median rent of $520 while Units have a median rent of $440.
There are currently 39 properties listed for sale, and 17 properties listed for rent in Eagleby on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Eagleby.

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Rowena Gill
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Yuni Lan
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