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Sold on 12 Jul 2024 - Price Unavailable

12 Lachlan Street
Gleneagle QLD 4285

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Land area: 605m2
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Property Details for 12 Lachlan St, Gleneagle

12 Lachlan St, Gleneagle is a 5 bedroom, 4 bathroom DuplexSemi-detached with 4 parking spaces. The property has a land size of 605m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom DuplexSemi-detached sold in Gleneagle in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
605m2

Last Listing description (July 2024)

Discover the perfect investment in Gleneagle with this immaculate duplex property boasting two independent units, both units are meticulously maintained and offer an attractive investment opportunity with solid rental income.

Unit 1:
- 2 Bedroom, 2 Bathrooms, 1 Car Garage

- Circa 2015 with a recent freshened Up
- Currently Tenanted until 13/01/25 at $320 per week.
- Master Bedroom with Ensuite
- Built-in Wardrobes in all bedrooms
- Ceiling Fans Throughout, with Reverse Cycle Air Conditioning to living area
- Open Plan Kitchen, Living/Dining Area
- Electric Cooking, canopy hood, under bench oven
- Rear entertaining Area with Fully Fenced Low Maintenance Backyard
- Remote Control Single Lock-up Garage

Unit 2:
- 3 Bedrooms, 2 Bathrooms, 1 Car Garage
- Circa 2015, with a recently freshened up
- Vacant tenancy, rental return of $420 per week achievable with next rental increase.
- Master Bedroom with Ensuite & Built-in Wardrobes in all Bedrooms
- Ceiling Fans Throughout with Area with Reverse Cycle Air Conditioning to living
- Open Plan Kitchen, Living/Dining
- Electric Cooking, canopy hood, under bench oven
- Entertaining Area with Fully Fenced Low Maintenance Backyard
- Remote Control Single Lock-up Garage

Proximity:
- Located centrally to all services, schools, and walking distance to a new childcare facility
- Centrally Located to everything including commuter services
- 5 minute drive to Beaudesert CBD, 15 mins to Jimboomba CBD, 1 hour to Brisbane or Gold Coast
- Beautiful outlook to the mountain ranges of the Scenic Rim
Rates & Return
- Council Rates approx. $4220 per annum
- This investment is offering potential returns of up to 5.2% - 5.4% pa.

Each duplex unit offering comfortable living and excellent rental returns with large backyards and beautiful views to the Scenic Rim, what's not to love. Whether you're looking to expand your property portfolio or secure your first investment, this duplex is not to be missed.

Don’t spend over $850,000k on the next generation of planned Duplex units and wait 12 months before you can see a return on your investment, when you can buy now with an instant income stream with consistent long term tenancy performance.

This opportunity won't last long! Contact Michelle on 0421 711 702 for your private inspection.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, however we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 12 Lachlan St, Gleneagle, QLD 4285

A timeline of how this property has performed in the market
Last Sold
12 Jul 2024
Listed for Rent
$460/w
28 Aug 2024
  • 13 Aug 2024
    Listed for Rent $460 / week
  • 03 Jul 2024
    Sold for $735,000
  • 25 Jun 2024
    Listed for Sale offers over $695,000
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About Gleneagle 4285

The size of Gleneagle is approximately 31.2 square kilometres. It has 3 parks covering nearly 1% of total area. The population of Gleneagle in 2011 was 1,310 people. By 2016 the population was 1,876 showing a population growth of 43.2% in the area during that time. The predominant age group in Gleneagle is 0-9 years. Households in Gleneagle are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gleneagle work in a trades occupation. In 2011, 82.4% of the homes in Gleneagle were owner-occupied compared with 66.2% in 2016.

Gleneagle has 1,497 properties. Over the last 5 years, Houses in Gleneagle have seen a 67.50% increase in median value, while Units have seen a 237.23% increase. As at 30 November 2024:

  • The median value for Houses in Gleneagle is $737,209 while the median value for Units is $861,421.
  • Houses have a median rent of $560 while Units have a median rent of $365.
There are currently 31 properties listed for sale, and 1 property listed for rent in Gleneagle on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Gleneagle.

Suburb Insights for Gleneagle 4285

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Contact agent
Michelle Handbury
Show contact details
Q State Properties
Preferred contact:
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.