1/26 Junction RoadGriffin QLD 4503
Property Details for 1/26 Junction Rd, Griffin
1/26 Junction Rd, Griffin is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 175m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (February 2016)
Driving through Griffin you can clearly see the development taking place in the area, being so close to North Lakes, 5 Minute drive to the highway and approximately 30 minutes north of Brisbane makes this area a prime place to live or own an investment. A new train line due to open shortly in Mango Hill will make Griffin even closer to the CBD, which will be ideal for commuters or students heading into Brisbane.
As I turned onto Junction Road the property caught my attention straight away, it is set back on a large corner block with unit 1 being on the far left hand side of the triplex. This is a great pick of the three, as it means you get the benefits of having a huge garden area of the side of the property, which is fully fenced and perfect for the kids to play in or the pets to run around.
When I walked upstairs into the living / kitchen area I was amazed by the size, the kitchen layout really makes this area a great place for the family to mingle around as dinner is being cooked. It could also be the area you entertain in as it's a great place for friends to sit and chat. I fell in love with the balcony, sitting out there in the morning with a cup of tea looking at the bushland in front of you would make a great start to the day.
The property is currently tenanted at $360.00 per week with the lease due to expire in April 2016, with no body corporate fees it makes this property a perfect investment or ideal for an owner occupier when the tenants move out.
This property will not last long! Call me today on 07 3180 2800 to arrange your inspection!
'What the Owner saysnWe chose to build the triplex in Griffin due to the large amount of development & infrastructure being created, and of course the distance to North Lakes, which has all the necessities. Being only 30 minutes from Brisbane was also seen as a huge advantage.
Since building the townhouses we have been able to tenant the properties quickly, we had tenants within 48 hours of the property being listed with Bridgebury Real Estate.
We made sure the triplex was built to a high standard and all the appliances installed were also reliable brands. You will notice no expense has been spared.
We are now ready to sell in order to fund our next investment.
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Property History for 1/26 Junction Rd, Griffin, QLD 4503
- 26 Nov 2015Sold for $366,000
- 19 Oct 2015Listed for Sale Offers In Excess Of $360,000
- 29 Jul 2015Listed for Rent $360 / week
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About Griffin 4503
The size of Griffin is approximately 17.2 square kilometres. It has 12 parks covering nearly 6.7% of total area. The population of Griffin in 2011 was 2,357 people. By 2016 the population was 6,830 showing a population growth of 189.8% in the area during that time. The predominant age group in Griffin is 20-29 years. Households in Griffin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Griffin work in a trades occupation. In 2011, 61.5% of the homes in Griffin were owner-occupied compared with 39.3% in 2016.
Griffin has 6,028 properties. Over the last 5 years, Houses in Griffin have seen a 77.13% increase in median value, while Units have seen a 93.56% increase. As at 31 October 2024:
- The median value for Houses in Griffin is $856,170 while the median value for Units is $598,443.
- Houses have a median rent of $620 while Units have a median rent of $550.
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