OFF MARKET

99-103 Drover Crescent
Flagstone QLD 4280

Bedrooms: 7
Bathrooms: 3
Car spaces: 7
Floor area: 277m2
Land area: 4201m2
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Property Details for 99-103 Drover Cres, Flagstone

99-103 Drover Cres, Flagstone is a 7 bedroom, 3 bathroom Unit with 7 parking spaces and was built in 1994. The property has a land size of 4201m2 and floor size of 277m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
1994
Floor Size
277m2
Land Size
4201m2
Local Government
Logan City
Lot/Plan
357/RP857871

Last Listing description (November 2019)

Properties like this don't come along every day, do your numbers, 2 Homes located in the thriving Jimboomba estate on 4201 sqm2 of land. 8% Return for your Investment
Excellent investment opportunity for the savvy investor, with the main home currently leased to tenants at $560.00 per week.
Plus the 2nd, 3 bedroom residence is currently rented for $385.00 per week.


The main home offers 4 spacious bedrooms, plus study with en suite & walk-in robe to the master, built in robes & ceiling fans to the other 3 good size bedrooms. The open plan design has two separate living areas allowing plenty of room for the whole family to spread out & enjoy their own space. The roomy kitchen has good storage space with gas cook top & electric oven flowing through to the dining & spacious lounge room. There is a 2nd
family/lounge room with wood heater, and air-conditioning.
If you love to entertain and enjoy the QLD outdoor living, then the large outdoor alfresco area is your dream come true, with plenty of room for the family to enjoy a game of billiard table/table tennis, bar area & still loads of space left for entertaining your family & friends.
The front veranda is a great place to sit & relax while watching the kids enjoy a dip in the sparkling saltwater pool.
The main home has separate driveway access with a 2 car garage off the main home, plus a 2 bay shed & workshop.
The rear 2nd dwelling is only 2 years old offering 3 bedrooms, a 2 way bathroom, plus a separate 2nd toilet, modern kitchen, with spacious lounge & dining area plus a separate study nook, and a 6 x 9 - 3 bay shed to accommodate plenty of car accommodation/workshop or storage.
There is separate water & electricity meters to both dwellings, making it practical to rent out both homes completely separate.
So do the math, 2 homes 2 incomes, income potential of $910.00 per week.
Or live in 1 and rent 1 out, also great dual living for extended families. The opportunities are endless.
Call me today for inspection times & price guide.

Property History for 99-103 Drover Cres, Flagstone, QLD 4280

A timeline of how this property has performed in the market
Last Sold
$615,000
18 Aug 2019
Listed for Rent
$385/w
11 May 2019
  • 18 Aug 2019
    Sold for $615,000
  • 18 Apr 2019
    Listed for Rent - Price not available
  • 20 Mar 2019
    Listed for Rent - Price not available
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About Flagstone 4280

The size of Flagstone is approximately 14.4 square kilometres. It has 10 parks covering nearly 5% of total area. The population of Flagstone in 2011 was 11,388 people. By 2016 the population was 13,190 showing a population growth of 15.8% in the area during that time. The predominant age group in Flagstone is 10-19 years. Households in Flagstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flagstone work in a trades occupation. In 2011, 81.5% of the homes in Flagstone were owner-occupied compared with 80.5% in 2016.

Flagstone has 3,384 properties. Over the last 5 years, Houses in Flagstone have seen a 73.75% increase in median value, while Units have seen a 158.15% increase. As at 30 September 2024:

  • The median value for Houses in Flagstone is $802,176 while the median value for Units is $637,285.
  • Houses have a median rent of $560.
There are currently 19 properties listed for sale, and 14 properties listed for rent in Flagstone on OnTheHouse. According to CoreLogic's data, 390 properties were sold in the past 12 months in Flagstone.

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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.