5/173 Kerrigan St, Frenchville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 99m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Currently rented producing very attractive returns, this centrally located ground floor apartment is perfect for investment of most kinds. With a lease in place until early in 2023, the financial returns will be immediate on this neatly presented property. Located in the heart of Frenchville and within walking distance to shopping precincts, schools and medical centres. It will also suit an owner occupier who doesn't need to move in immediately.
Features:
* Current rent $320/wk
Get in quick before someone else seizes the moment on this guaranteed positive yield opportunity. Call Gavan Bretz on 0424947475.
The size of Frenchville is approximately 8.6 square kilometres. It has 7 parks covering nearly 3.1% of total area. The population of Frenchville in 2011 was 9,159 people. By 2016 the population was 9,016 showing a population decline of 1.6% in the area during that time. The predominant age group in Frenchville is 0-9 years. Households in Frenchville are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frenchville work in a professional occupation. In 2011, 69.6% of the homes in Frenchville were owner-occupied compared with 70.2% in 2016.
Frenchville has 4,035 properties. Over the last 5 years, Houses in Frenchville have seen a 91.21% increase in median value, while Units have seen a 74.33% increase. As at 31 October 2024:
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