SOLD
Sold on 15 Oct 2024 for $744,000

41 Cascade Drive
Forest Lake QLD 4078

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 448m2
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Property Details for 41 Cascade Dr, Forest Lake

41 Cascade Dr, Forest Lake is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 448m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Forest Lake in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
121m2
Land Size
448m2
Local Government
Brisbane
Lot/Plan
5/SP140072

Last Listing description (November 2024)

Welcome to 41 Cascade Drive, Forest Lake. This well positioned 4-bedroom residence is set on a 448 sqm block in the highly desirable suburb of Forest Lake. Conveniently located, the property is just moments away from local schools, parks, shopping centre's, and public transport options. Plus, effortless access to major highways, commuting to Brisbane CBD is a breeze.

This property is being presented to the market for the first time since its construction in 2002, offering a fabulous opportunity for both savvy investors and prospective homeowners. For those looking to make it their own, the home is ready for your personal touch. Or investors will appreciate that the current tenants, who have been residing here since the property was built, are eager to renew their lease, providing immediate rental income.

KEY FEATURES:

* 4 carpeted bedrooms with built in wardrobes
* Main bedroom featuring a walk in wardrobe and ensuite bathroom
* Kitchen in the heart of the home featuring a brand new rangehood and near new oven
* Tiled living room off of the kitchen with an air conditioner
* Separate carpeted lounge room at the front of the home with an air conditioner
* Double garage with internal access into the home and laundry to the rear
* Covered outdoor entertaining area
* Fully fenced good sized backyard
* Recently replaced vertical blinds throughout

ADDITIONAL INFORMATION:

* 448sqm block
* Built in 2002
* Currently tenanted at $525 per week until 23/10/2024
* Brisbane City Council Rates: $469.10 per quarter (Subject to change)
* Urban Utilities: $263.73 per quarter + water usage charges (Subject to change)

Don't let this fantastic opportunity slip away. For more information or to schedule a viewing, please feel free to call or SMS Veronika any time on 0436 444 426.

Disclaimer: Whilst every care is taken in the preparation of the information contained in the marketing, V & Co. Realty will not be held liable for any errors in typing or information. All information is correct at the time of advertising.

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Property History for 41 Cascade Dr, Forest Lake, QLD 4078

A timeline of how this property has performed in the market
Last Sold
$744,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $744,000
  • 11 Sep 2024
    Listed for Sale OFFERS OVER $799K
  • 29 Apr 2003
    Sold for $108,000
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About Forest Lake 4078

The size of Forest Lake is approximately 9.9 square kilometres. It has 36 parks covering nearly 15.4% of total area. The population of Forest Lake in 2011 was 22,426 people. By 2016 the population was 22,896 showing a population growth of 2.1% in the area during that time. The predominant age group in Forest Lake is 40-49 years. Households in Forest Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Lake work in a professional occupation. In 2011, 65.5% of the homes in Forest Lake were owner-occupied compared with 68.4% in 2016.

Forest Lake has 8,477 properties. Over the last 5 years, Houses in Forest Lake have seen a 88.82% increase in median value, while Units have seen a 106.56% increase. As at 30 November 2024:

  • The median value for Houses in Forest Lake is $868,746 while the median value for Units is $541,098.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 43 properties listed for sale, and 15 properties listed for rent in Forest lake on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Forest lake.

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