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Sold on 07 Aug 2024 for $733,000

272 Taylor Street
Glenvale QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 563m2
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Property Details for 272 Taylor St, Glenvale

272 Taylor St, Glenvale is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 563m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Glenvale in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
78m2
Land Size
563m2
Local Government
Toowoomba Regional

Last Listing description (August 2024)

Are you in search of an investment property that combines exceptional renovation quality with robust returns? Look no further. This remarkable duplex in Glenvale is a rare gem, offering a fully renovated setup ready for immediate depreciation benefits and a stellar gross return of 6.8%. Properties like this are a rarity on the market and tend to sell swiftly, so act fast to secure this opportunity.
Conveniently situated close to local shops, schools, and public transport, this low-set brick duplex is perfectly positioned. The property comprises two units: a 2-bedroom, 1-bathroom unit and a 4-bedroom, 2-bathroom unit, both fully renovated to the highest standards and with tenants securely in place.
Just a two-minute walk from Wyalla Shopping & Service precinct and a short distance from scenic parklands, this duplex is ideally located for both convenience and lifestyle.

The rental return is outstanding:

- Unit 1: $390 per week on a 2-year lease
- Unit 2: $550 per week on a 6-month lease
- Total Rent: $940 per week

Features of the Duplex Units:
- Modern Kitchens: Brand new with stone benchtops and dishwashers
- Enhanced Comfort: Fully insulated and re-sheeted
- Upgraded Interiors: New fans, carpets, and blinds throughout
- Contemporary Bathrooms and Laundry: Complete with new washing machines
- Stylish Flooring: New flooring installed throughout the units
- Secure and Private: New fencing around the property

This duplex is an investor's dream, combining convenient location, top-tier renovations, and excellent rental returns. Don't miss out on this unique opportunity-contact us today to learn more and arrange a viewing

Rates - $1,589.25 net per half year
Water - $315.29 Access Charge + Usage
Rent - $940.00 p/w total rent

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Property History for 272 Taylor St, Glenvale, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$733,000
07 Aug 2024
Listed for Rent
$200/w
14 Jan 2021
  • 07 Aug 2024
    Sold for $733,000
  • 19 Jun 2024
    Listed for Sale Offers Over $719,000
  • 08 Dec 2021
    Listed for Sale Under Contract
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About 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 4,073 properties. Over the last 5 years, Houses in Glenvale have seen a 73.21% increase in median value, while Units have seen a 83.98% increase. As at 30 November 2024:

  • The median value for Houses in Glenvale is $665,685 while the median value for Units is $494,386.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 23 properties listed for sale, and 12 properties listed for rent in Glenvale on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Glenvale.

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