10 Prince St, Gaythorne is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 508m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
This unique property offers an exciting opportunity to acquire an expansive package in a blue-chip Gaythorne address. Set on an impressive 508sqm level block, this spacious residence is presented in comfortable order and configured as a duplex with a strong potential rental return.
The interior layout consists of two 2-bedroom dwellings, each in great condition with own entry, kitchen, bathroom and living area. There is also an expansive rear yard with a fully fenced level lawn. The property offers a great chance for investors to diversify risk over two dwellings and is zoned LMR with potential for a strong return of approximately $640+ per week.
Blend all of this with a highly sought-after location close to the train station, Blackwood Street and the area's schools and parks, and it makes a premium real estate prospect with significant rewards.
Features include:
· A well-appointed duplex in great modern condition
· Two 2-bedroom dwellings, each with own entry
· A large 508sqm level block with deep backyard
· Fresh interiors feature polished timber flooring
· Potential for returns of approximately $640+ per week
· A great investment that diversifies risk over two dwellings
· Quietly located less than 7.5km to Brisbane CBD
· Walking distance to the train station, cafes and restaurants
Location:
· 150m to Mitchelton Park
· 320m to the nearest cafes and restaurants
· 525 to Gaythorne Train Station
· 950m to Brookside Shopping Centre
· 1KM to Blackwood Street Restaurant and Café Precinct
· Less than 7.5Kms to the Brisbane CBD
Phone Haydn Denovan for more information or to book your private viewing.
The size of Gaythorne is approximately 1 square kilometres. It has 9 parks covering nearly 10.6% of total area. The population of Gaythorne in 2011 was 2,654 people. By 2016 the population was 3,036 showing a population growth of 14.4% in the area during that time. The predominant age group in Gaythorne is 20-29 years. Households in Gaythorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gaythorne work in a professional occupation. In 2011, 41.9% of the homes in Gaythorne were owner-occupied compared with 39.2% in 2016.
Gaythorne has 1,922 properties. Over the last 5 years, Houses in Gaythorne have seen a 78.26% increase in median value, while Units have seen a 66.92% increase. As at 31 July 2024:
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