1/20 Tempest DriveGlenvale QLD 4350
Property Details for 1/20 Tempest Dr, Glenvale
1/20 Tempest Dr, Glenvale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 117m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (May 2024)
- 3 spacious bedrooms
- Main bedroom with ensuite
- Spacious open plan living and dining area with reverse cycle air-conditioning
- Family bathroom with separate toilet for convenience
- Single remote garage with internal access
- Rented until June 2023 through the National Rent Affordability Scheme
Calling all investors! This unit is a perfect addition to your portfolio for those looking for a low maintenance property within close proximity to Glenvale State School, local parks and shopping centres.
This modern unit features 3 built-in bedrooms. The main bedroom is completed with an ensuite featuring shower, vanity, and toilet. The spacious tiled lounge and dining is open plan and hosts a reverse cycle air-conditioning for year-round comfort. The modern kitchen is well equipped, with electric cook top, oven, range hood and dishwasher.
Investors - the unit is currently rented until June 2023 through an NRAS provider to a great long-term tenant. This scheme will allow investors to also receive an annual financial incentive from NRAS to compensate for the lesser rent. For more details on the current tenancy agreement or the National Rent Affordability Scheme, we welcome your call.
Externally there is a spacious fully fenced and private rear yard. For your vehicle there is a single remote garage with internal access.
Body Corporate fees - approximately $600 per quarter.
Don't miss out! Inspections are by appointment only - call us today to arrange your private viewing.
General rates: currently $1,002.48 net per half year
Water rates: currently $349.94 net per half year plus consumption
Primary school state catchment: Glenvale State School
High school state catchment: Wilsonton State High School
Home Built: 2012
NRAS INCENTIVES
The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to supply affordable rental dwellings. NRAS investors are eligible for substantial tax-free incentives that are not available to conventional, individual residential property investors, with each approved dwelling attracting an annual incentive for 10 years. The two key elements of the Incentive are:
- A Commonwealth Government Incentive currently of $8,343.05 per dwelling per year as a refundable tax offset or payment; and
- A State or Territory Government Incentive currently of $2,781.02 per dwelling per year in direct or in-kind financial support.
Property History for 1/20 Tempest Dr, Glenvale, QLD 4350
- 11 Oct 2022Sold for $370,000
- 06 Jul 2022Listed for Sale UNDER CONTRACT
- 09 May 2017Listed for Rent $264 / week
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0About Glenvale 4350
The size of Glenvale is approximately 14.6 square kilometres. It has 18 parks covering nearly 11.4% of total area. The population of Glenvale in 2011 was 5,405 people. By 2016 the population was 6,347 showing a population growth of 17.4% in the area during that time. The predominant age group in Glenvale is 20-29 years. Households in Glenvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glenvale work in a trades occupation. In 2011, 65.8% of the homes in Glenvale were owner-occupied compared with 58% in 2016.
Glenvale has 4,063 properties. Over the last 5 years, Houses in Glenvale have seen a 63.93% increase in median value, while Units have seen a 68.50% increase. As at 31 July 2024:
- The median value for Houses in Glenvale is $633,859 while the median value for Units is $460,027.
- Houses have a median rent of $500 while Units have a median rent of $420.
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