6 Nightcap LaneFitzgibbon QLD 4018
Property Details for 6 Nightcap Lane, Fitzgibbon
6 Nightcap Lane, Fitzgibbon is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 124m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Last Listing description (October 2022)
The Johnny Lin team would like to present this incredible investment opportunity. Our team has been selling in Fitzgibbon for over 15 years and has only come across this type of opportunity a handful of times.
Presenting 2 separate properties on one title that is FREEHOLD (no body corp.) with individual street frontages and entrances (34 Warrumbungle Pde and 6 Nightcap Lane). Accessed from 6 Nightcap Lane the property features a 3 bedroom, 2.5 bathroom townhouse with space for 2 cars. Accessed from 34 Warrumbungle Parade is a separate self-contained studio unit situated across the street from a park.
Both properties are currently rented out as part of the NRAS which will end in December 2023. As the property is a dual-key property, each dwelling (the studio and the townhouse) receives its own NRAS incentive. The remaining NRAS incentive is approx.. $25,500 (tax free Government incentives, based on settlement by October 2022).
Here is some extra information provided by the owners (please do your own research)
Rates and Water average:
Water: $1,600 (approx.. pa)
Rates: $2,000 (approx.. pa)
Current NRAS Rent:
Studio $183.00pw until May 2023
3 Bedroom townhouse $307.00pw until December 2022
Total Rent per Annum = $25,480 (plus the NRAS incentive as above)
Rent after NRAS (from December 2023):
Studio Unit: $280.00pw
3 Bedroom townhouse: $480.00pw
Total $760.00pw or $39,520.00 per annum
Potentially 5.7-6% rental return
You can research the NRAS here https://www.dss.gov.au/housing-support/programs-services/housing/national-rental-affordability-scheme/nras-investors
If you do not want to miss out on this opportunity, we recommend you contact us right away as this will not last long.
Property History for 6 Nightcap Lane, Fitzgibbon, QLD 4018
- 29 Sep 2022Listed for Sale Offers Over $639,000
- 21 Jun 2022Listed for Sale Offers over $679,000
- 06 Sep 2018Listed for Rent - Price not available
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0About Fitzgibbon 4018
The size of Fitzgibbon is approximately 3.1 square kilometres. It has 12 parks covering nearly 25.4% of total area. The population of Fitzgibbon in 2011 was 3,287 people. By 2016 the population was 5,646 showing a population growth of 71.8% in the area during that time. The predominant age group in Fitzgibbon is 30-39 years. Households in Fitzgibbon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fitzgibbon work in a professional occupation. In 2011, 65.9% of the homes in Fitzgibbon were owner-occupied compared with 62.7% in 2016.
Fitzgibbon has 2,644 properties. Over the last 5 years, Houses in Fitzgibbon have seen a 72.06% increase in median value, while Units have seen a 103.90% increase. As at 31 October 2024:
- The median value for Houses in Fitzgibbon is $769,297 while the median value for Units is $643,721.
- Houses have a median rent of $600 while Units have a median rent of $505.
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