SOLD
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Sold on 07 May 2024 for $515,000

7 Lanzo Street
Gordonvale QLD 4865

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 611m2
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Property Details for 7 Lanzo St, Gordonvale

7 Lanzo St, Gordonvale is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 611m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Gordonvale in the last 12 months.

Building Type
House
Land Size
611m2
Local Government
Cairns Regional
Lot/Plan
3/SP207028

Last Listing description (May 2024)

DISTINCT
Set on a low-maintenance, corner allotment, this modern home presents a fantastic investment opportunity. Featuring a welcoming and comfortable floor plan, highlighted by an open-plan kitchen and dining area that flows onto a spacious outdoor entertaining area. Fully fenced with side access, offering security for children, pets and parking space for extra vehicles or boats.

Conveniently located near the Edmonton Shopping Precinct, local schools and just 20 minutes to Cairns City, thanks to the new highway upgrade. With a fantastic tenant already in place, this is a great opportunity for new investors or to add to the portfolio.

THE FACTS
* Low maintenance on corner block, ideal for investors
* Fully fenced with remote gate entry and side access
* Large master bedroom with walk-in robe, and ensuite
* Built-in robes in second and third bedrooms
* Split systems in lounge and master bedroom
* Open plan kitchen and dining
* Large outdoor covered entertaining area
* Build Year: Approx. 2009
* Rates: Approx. $3,000 / year
* Rental Appraisal: Approx. $520 / week
* Currently tenanted at $480 / week to 12/09/2024

These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property’s potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.

Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.

Property History for 7 Lanzo St, Gordonvale, QLD 4865

A timeline of how this property has performed in the market
Last Sold
$515,000
07 May 2024
Listed for Rent
$385/w
19 Nov 2019
  • 07 May 2024
    Sold for $515,000
  • 08 Apr 2024
    Listed for Sale SOLD by Michelle Champion
  • 13 Feb 2023
    Listed for Rent $485 / week
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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 3,176 properties. Over the last 5 years, Houses in Gordonvale have seen a 76.25% increase in median value, while Units have seen a 238.74% increase. As at 31 July 2024:

  • The median value for Houses in Gordonvale is $586,329 while the median value for Units is $682,029.
  • Houses have a median rent of $595 while Units have a median rent of $280.
There are currently 76 properties listed for sale, and 3 properties listed for rent in Gordonvale on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Gordonvale.

Suburb Insights for Gordonvale 4865

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Michelle Champion
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Kelsey Quaife
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Champion Estate Agents pty ltd
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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.