SOLD
Sold on 17 Jul 2024 for $680,000

12 Barram Street
Goodna QLD 4300

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 886m2
This property is currently on the market
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Property Details for 12 Barram St, Goodna

12 Barram St, Goodna is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 886m2 and floor size of 78m2.This Property is currently listed for sale with CENTURY 21 Josie Smith and Co

Building Type
House
Year Built
1950
Floor Size
78m2
Land Size
886m2
Local Government
Ipswich
Lot/Plan
25/RP22558

Last Listing description (August 2024)

This is a rare chance to transform a well-located property into something truly special. If you have the vision and creativity to maximize its potential, this could be the investment opportunity you've been waiting for

Discover a unique opportunity with this delightful two-bedroom cottage, ideally positioned on a substantial 886m² plot. Nestled amidst thriving commercial giants, eg. Crazy Clarks, Repco Auto Parts, McDonalds, Hungry Jacks, Jetts Fitness, Spiritus, Cash Converters, Centrelink, Mr. Rentals, Super Cheap Autos and many others.
This property will reward you with an immediate rental of return ( $705 per week) whilst you plot your future master stroke to turn this into real estate gold. As for the current zoning the large 886m2 allotment is classified as MC04S1 Major Centres.

Each of these titles suggests that the land is immediately suitable for construction and emphasizes the opportunity for buyers to realize their building plans. You can customize the details based on the specific attributes of the land, such as location, size, and any special features.

Key Features:
* Size: 886m² (approximately)
* Layout: Two lots combined
* Residence: Quaint two-bedroom cottage
* Rental Return: Currently generating rental income from a reliable tenant $375 and Bishop advertising sign $330 = $705 per week (approx)
* Currently tenanted until June 2025 and paying $750 forthnighty that you could draw an income while in the process to subdivide etc...
* The site is affected by the OV5 Adopted Flood regulation line.

Highlights:
* Prime Location: Situated in a bustling area with significant commercial activity, providing convenience and potential for investment growth.
* Development Potential: The large double lot opens up possibilities for future development, whether residential or commercial (subject to council approval).
* Investment Opportunity: Benefit from immediate rental return from an existing tenant, ensuring a steady income stream.

Your future Empire is located just off the Ipswich Motorway therefore arguably being the best possible potential Commercial location left in the suburb of Goodna and opportunities like this will soon be no more.

The suburb of Goodna is directly located on the Brisbane and Ipswich City bound Railway Line 20km* west of Brisbane CBD and 14km* east of Ipswich CBD and is also easily accessible by the recently upgraded Ipswich Motorway therefore making this property the perfect choice in a property market full of pretenders. Nothing can take the heat out of this Sale!

Don't miss out on this rare opportunity to own a property with such versatile potential in a highly sought-after location. Contact PATTY OLDHAM today to arrange a viewing and explore the possibilities this property holds!

DISCLAIMER: Miljose Pty Ltd t/a Century 21 Josie Smith and Co has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. All distances, measurements, and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 12 Barram St, Goodna, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$680,000
17 Jul 2024
Listed for Rent
$300/w
21 Jun 2023
  • 17 Jul 2024
    Sold for $680,000
  • 28 Jun 2024
    Listed for Sale Under Offer - Expression Of Interest
  • 16 May 2023
    Listed for Rent $300 / week
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About Goodna 4300

The size of Goodna is approximately 7.9 square kilometres. It has 27 parks covering nearly 10.5% of total area. The population of Goodna in 2011 was 8,775 people. By 2016 the population was 10,479 showing a population growth of 19.4% in the area during that time. The predominant age group in Goodna is 0-9 years. Households in Goodna are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goodna work in a labourer occupation. In 2011, 47.1% of the homes in Goodna were owner-occupied compared with 44.4% in 2016.

Goodna has 4,180 properties. Over the last 5 years, Houses in Goodna have seen a 109.56% increase in median value, while Units have seen a 72.39% increase. As at 31 October 2024:

  • The median value for Houses in Goodna is $593,193 while the median value for Units is $383,578.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 24 properties listed for sale, and 7 properties listed for rent in Goodna on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Goodna.

Suburb Insights for Goodna 4300

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CENTURY 21 Josie Smith and Co
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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.