OFF MARKET

8 Winton Street
Goondiwindi QLD 4390

Bedrooms: 16
Bathrooms: 8
Car spaces: 8
Land area: 1312m2
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Property Details for 8 Winton St, Goondiwindi

8 Winton St, Goondiwindi is a 16 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 1312m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Land Size
1312m2
Local Government
Goondiwindi Regional
Lot/Plan
1/RP187538

Last Listing description (October 2016)

The current owner has got the report back and decided to reduce the price to reflect the work required to bring this cash cow up to scratch.
If you are looking for a block of 8 units, packaged together in one transaction. STOP looking, you just found it!
Fix it up and watch the income roll in?

Rental returns have been $1320 per week when fully tenanted....imagine the income when you've renovated them. Taking that into consideration you could easily see another 25% added to the rental income.
UNITS INCLUDE:
16 x bedrooms (8 x 2 bedroom units)
Split system a/c units
Kitchen with breakfast bar
Living and dining combined
Internal laundry
Main bedrooms have built-ins
Private courtyard/patio and single carport
Block size 1312m2
Rates - $4274 for 6 months
Inspect by appointment: Call IAIN FERGUSON 0411 304 009.
GOONDIWINDI:
You will find Goondiwindi is a vibrant, contemporary place with excellent facilities and amenities and its river frontage provides a unique and tranquil setting for one of Queensland's fastest growing communities. In late spring you will see a breath-taking display as jacaranda trees lining the streets burst into full purple bloom.
Establishing itself as a sought after stop-over destination for visitors Australia-wide, the Goondiwindi Region is located on the Western Downs border of Queensland and New South Wales. The Macintyre River, which forms the State boundary between Queensland and New South Wales, is the lifeblood of the area, providing water for town, stock irrigation and industry.
The area is a commercial hub of a vast agricultural and pastoral sector, which produces cotton, grain, wool, poultry, beef, lamb and pork for domestic and overseas markets.
Country people are known for their warm hospitality and the people of this district are no exception! The townspeople are rightly proud of the town's appearance with the tree-lined streets, public parks and beautiful gardens. There is shopping, dining and so much more to do around the town and beyond. Marshall and Herbert Streets offer a terrific range of shopping experiences, from gifts and homewares to quality clothing stores.

Property History for 8 Winton St, Goondiwindi, QLD 4390

A timeline of how this property has performed in the market
Last Sold
$480,000
24 Nov 2016
Listed for Rent
$160/w
01 Sep 2016
  • 24 Nov 2016
    Sold for $480,000
  • 10 Mar 2016
    Listed for Rent - Price not available
  • 19 Aug 2015
    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.