SOLD
Sold on 13 Oct 2023 for $900,000

123 Norman Street
Gordonvale QLD 4865

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1012m2
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Property Details for 123 Norman St, Gordonvale

123 Norman St, Gordonvale is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1998. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 8 bedroom Unit sold in Gordonvale in the last 12 months.

Building Type
Unit
Year Built
1998
Land Size
1012m2
Local Government
Cairns Regional
Lot/Plan
2/RP714735

Last Listing description (July 2022)

Calling all investors! Be quick to snatch up this fantastic opportunity - you'd be crazy to pass this up
123 Norman Street, Gordonvale is a cash-flowing investment, prime for the savvy investor looking to start or expand their current portfolio. The complex is 4x2 Bedroom units, 100% occupied by long-term tenants. Currently bringing in a total income of $1175 weekly or $61,100 annually with room to increase.

Features:

- Land area of 1012m2, frontage on Norman Street and additional rear access only to unit 4 from the rear of the property from Horton Land.
-Tropical landscaped gardens, a welcoming place to call home for any resident.
- Replaced 22m of paling fence at the rear of Units 3 and 4 in December 2021.
- Internal paint recently in Units 3 and 4
- 11 new split air conditioners (several still under warranty).
- New entrance doors and side panels on 3 of the units.
- Refurbished all Television antenna/receiver equipment.
- New hot water system in unit 2.
-Each unit individually metered for water so no water bills!
Plus, the usual maintenance to keep everything up to a high standard.

A sort after, quiet area in the growth zone of the southern corridor and just a 20 min drive to Cairns CBD.

Why buy a unit when you can own the block!

Call me Luke Jones 0401 924 180 for more details today.

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Property History for 123 Norman St, Gordonvale, QLD 4865

A timeline of how this property has performed in the market
Last Sold
$900,000
13 Oct 2023
Listed for Rent
$270/w
28 Apr 2016
  • 13 Oct 2023
    Sold for $900,000
  • 27 May 2022
    Listed for Sale Low $900,000's
  • 28 Apr 2016
    Listed for Rent - Price not available
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About Gordonvale 4865

The size of Gordonvale is approximately 57.2 square kilometres. It has 20 parks covering nearly 2.2% of total area. The population of Gordonvale in 2011 was 6,213 people. By 2016 the population was 6,666 showing a population growth of 7.3% in the area during that time. The predominant age group in Gordonvale is 0-9 years. Households in Gordonvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gordonvale work in a trades occupation. In 2011, 68.4% of the homes in Gordonvale were owner-occupied compared with 67.7% in 2016.

Gordonvale has 3,134 properties.

    There are currently 83 properties listed for sale, and 4 properties listed for rent in Gordonvale on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Gordonvale.

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