OFF MARKET

5 Marmont Street
Geebung QLD 4034

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 150m2
Land area: 607m2
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Last updated 11 Nov 2024
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Property Details for 5 Marmont St, Geebung

5 Marmont St, Geebung is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 607m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1970
Floor Size
150m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
317/RP103347

Last Listing description (November 2024)

Cash Cow Investment, House plus Granny Flat

Explore a rare and versatile investment opportunity in a popular pocket of Geebung. This unique 1970 built property features a three bedroom home and a one bedroom self-contained granny flat, both currently rented separately for a combined income of $835 per week. Ideal for investors seeking high returns, this property is brimming with potential.

Functional kitchen with electric stove and ample storage, flowing onto the dining area.

Air conditioned living area with access to the front sunroom.
Three bedrooms with built-in wardrobes, master with air conditioning.
Bathroom with vanity, shower and separate toilet.
Fully fenced private yard with water tank and 7 solar panels.
Separate, self-contained one bedroom, one bathroom granny flat, with air-conditioning, built-in wardrobe, including a private entrance and garden shed.
Rates: $715 per quarter (approx), block size: 607 sqm
Current Rental Appraisal: $510 per week till 27/03/2025 (House) and $325 per week till 05/08/2025 (Granny Flat)
Rental Appraisal: $520 to $540 (House) and $330 to $380 (Granny Flat) per week (approx)
Nbn: Fibre to the Curb (FTTC)

School Catchments
Prep to Year 6: Geebung State School
Year 7 to Year 12: Wavell State High School

Nestled within close proximity, you'll discover the lush greenery of 7th Brigade Park, offering a serene escape for picnics and leisurely walks. Families will find esteemed educational institutions nearby, including Geebung State School and St Kevin's Catholic School, ensuring quality education for students of all ages. Public transportation is easily accessible, Geebung Train Station is within easy reach. Brisbane City is a mere 15 kilometres away. Residents will benefit from close proximity to essential amenities, Geebung Marketplace a short distance away and Westfield Chermside providing retail options.

Call today to book an appointment to view.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. Any rental appraisal advertised or provided was current at the time of the appraisal and may fluctuate depending on market movement. McGrath Estate Agents shall not be responsible should the appraisal or any part thereof be incorrect or incomplete in any way.

Property History for 5 Marmont St, Geebung, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$575,000
26 May 2020
Listed for Rent
$325/w
29 Oct 2024
  • 28 Oct 2024
    Listed for Rent $325 / week
  • 08 Oct 2024
    Listed for Sale $1,075,000
  • 19 Aug 2022
    Listed for Rent $425 / week
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About Geebung 4034

The size of Geebung is approximately 3.8 square kilometres. It has 9 parks covering nearly 5.4% of total area. The population of Geebung in 2011 was 4,619 people. By 2016 the population was 4,624 showing a population growth of 0.1% in the area during that time. The predominant age group in Geebung is 40-49 years. Households in Geebung are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geebung work in a professional occupation. In 2011, 71.7% of the homes in Geebung were owner-occupied compared with 70.5% in 2016.

Geebung has 2,597 properties. Over the last 5 years, Houses in Geebung have seen a 92.78% increase in median value, while Units have seen a 81.49% increase. As at 31 October 2024:

  • The median value for Houses in Geebung is $1,082,103 while the median value for Units is $817,040.
  • Houses have a median rent of $625 while Units have a median rent of $385.
There are currently 15 properties listed for sale, and 25 properties listed for rent in Geebung on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Geebung.

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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.