OFF MARKET

57 Russell Street
Goondiwindi QLD 4390

Bedrooms: 6
Bathrooms: 12
Car spaces: 6
Land area: 930m2
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Property Details for 57 Russell St, Goondiwindi

57 Russell St, Goondiwindi is a 6 bedroom, 12 bathroom Unit with 6 parking spaces. The property has a land size of 930m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Land Size
930m2
Local Government
Goondiwindi Regional
Lot/Plan
11/RP155876

Last Listing description (November 2019)

57 Russell St, Goondiwindi, QLD
Bringing in an 8.5% return on your purchase price.
6 double brick, single storey, 2 bedroom units on a 930m block of land.

This is a perfect opportunity for a city based or interstate investor to secure a low risk, high yield, long term residential investment property that they never need to visit or spend time on!
- This property is only a short walk along Russell Street into the main CBD.
- Full renovations have recently been completed to all six units.
The property is fully leased and well run by an excellent local property management specialist. Rent is paid to the owners twice monthly along with emailed detailed rental statements.
- All units are 2 bedrooms with built in robes, a fully functional modern kitchen with lounge/dining area, and a combined bathroom and laundry. There is a courtyard at the back of the unit with clothes line and its own carport at the front. They also have a split system air conditioner in the main living area.
- 2 Units are fully furnished, which includes all furniture plus TV, washing machine, fridge etc. All furnishings and appliances are included in the sale.
- There is an extensive information brochure that we are willing to send out to anyone who is interested in purchasing these units.
- A link is available below (Floor plans and tours) that will show you a 360 degree room by room view of a unit.
The units have been renovated with long distance absent owners in mind. Everything has been done to the highest standards of durability. There is not a cent required to be spent and ongoing maintenance should be very moderate. This is a "Set and Forget" property.
The property is fully leased. Current gross rental is $1550 pw, $80,600 pa.
Please don't hesitate to contact us for an in-depth IM on the property.
For further information contact
Rob Tweedy - 0429 160657
Goondiwindi Rural and Residential Real Estate
robtweedy@gdirrre.com.au

Property History for 57 Russell St, Goondiwindi, QLD 4390

A timeline of how this property has performed in the market
Last Sold
$561,225
21 Feb 2017
Listed for Rent
$155/w
10 Mar 2011
  • 08 Jul 2019
    Listed for Sale Not Disclosed
  • 21 Feb 2017
    Sold for $561,225
  • 05 Mar 2010
    Listed for Rent - Price not available
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About Goondiwindi 4390

The size of Goondiwindi is approximately 831.1 square kilometres. It has 20 parks covering nearly 0.3% of total area. The population of Goondiwindi in 2011 was 6,395 people. By 2016 the population was 6,345 showing a population decline of 0.8% in the area during that time. The predominant age group in Goondiwindi is 0-9 years. Households in Goondiwindi are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goondiwindi work in a trades occupation. In 2011, 59.5% of the homes in Goondiwindi were owner-occupied compared with 59% in 2016.

Goondiwindi has 3,321 properties.

    There are currently 33 properties listed for sale, and 4 properties listed for rent in Goondiwindi on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Goondiwindi.

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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.