SOLD
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Sold on 19 Aug 2024 for $92,000

9/35-37 Louie Piccone Way
Edmonton QLD 4869

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 29m2
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Property Details for 9/35-37 Louie Piccone Way, Edmonton

9/35-37 Louie Piccone Way, Edmonton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Edmonton in the last 12 months.

Building Type
Unit
Floor Size
29m2
Local Government
Cairns Regional
Lot/Plan
9/BUP105929

Last Listing description (August 2024)

Discover this unique investment opportunity with this affordable partly furnished studio apartment located in the secure Cairns Gateway Lodge. At just $93,000, it is priced to sell and is an ideal addition to any portfolio with a long term tenant, it really can be a 'set and forget' stream of income.

Situated in a gated complex, this apartment provides a hassle-free living experience. The complex offers excellent privacy and security, enhanced by the installation of electronic security gates.

Key Features:

Partly Furnished Studio Apartment
Ground Level Unit: Easy access without the hassle of stairs
Open Plan Living: Open layout with a separate bedroom and bathroom
In-Ground Pool and Laundry Area: Enjoy resort-style amenities within the complex
Parking at Your Door: Convenience at its best
12-Month Lease: Currently leased at $220 per week, providing immediate rental income
Current lease ends: November 2024

Location Highlights:
Close to Amenities: Just a short stroll to IGA Piccone's Shopping Centre, pubs, local shops, hotels and doctors
Tropical Resort-Style Living: Enjoy the pool and relaxed atmosphere of this 100% residential development (not holiday let)

Financial Details:
Low Body Corporate Fees: $3,183.25 per year
Council Rates: Approximately $2,900 per year

This exceptional investment won’t last long at this price. Be quick to secure this gem that promises a solid return on investment.

For more details or to arrange a viewing, please contact Alesha today on 0409 055 236.

Property History for 9/35-37 Louie Piccone Way, Edmonton, QLD 4869

A timeline of how this property has performed in the market
Last Sold
$92,000
19 Aug 2024
Listed for Rent
$165/w
02 Mar 2015
  • 19 Aug 2024
    Sold for $92,000
  • 13 Aug 2024
    Listed for Sale Not Disclosed
  • 12 Feb 2018
    Sold for $58,000
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About Edmonton 4869

The size of Edmonton is approximately 20.5 square kilometres. It has 29 parks covering nearly 4.9% of total area. The population of Edmonton in 2011 was 9,933 people. By 2016 the population was 10,762 showing a population growth of 8.3% in the area during that time. The predominant age group in Edmonton is 0-9 years. Households in Edmonton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edmonton work in a trades occupation. In 2011, 61% of the homes in Edmonton were owner-occupied compared with 61.1% in 2016.

Edmonton has 4,840 properties. Over the last 5 years, Houses in Edmonton have seen a 72.97% increase in median value, while Units have seen a 81.55% increase. As at 31 August 2024:

  • The median value for Houses in Edmonton is $575,732 while the median value for Units is $262,736.
  • Houses have a median rent of $570 while Units have a median rent of $400.
There are currently 41 properties listed for sale, and 13 properties listed for rent in Edmonton on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Edmonton.

Suburb Insights for Edmonton 4869

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Contact agent
Alesha Wilson
Show contact details
DJ Smith Property
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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.