OFF MARKET

22/20 Stewart Road
Griffin QLD 4503

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 149m2
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Last updated 14 Oct 2024
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Property Details for 22/20 Stewart Rd, Griffin

22/20 Stewart Rd, Griffin is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2018. The property has a land size of 149m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Townhouse
Year Built
2018
Land Size
149m2
Local Government
Moreton Bay
Lot/Plan
22/SP288761

Last Listing description (October 2024)

This THREE bedroom, TWO bathroom townhouse in Griffin, one of the best investments you will find in the North Brisbane area with excellent return. The unit boasts 3 large bedrooms and bathrooms with air conditioners in living area and master bedroom.

Situated just 5 minutes from North Lakes Westfield major shopping precinct, 5 minutes to the train station and right next door to Griffin State School. This townhouse forms part of the Hidden Grove 90 townhouse complex.

Hidden Grove is one of the most sorted after complexes within the Griffin area for tenants and investors alike. Since the Denmack Developments construction in 2017 the complex has had 100% rental occupancy. Above market rental prices are achieved consistently due to a combination of quality construction, elite onsite property management, executive appearance with manicured gardens and adjacent nature strip.

The 90 townhouses are spaciously set out with the resort style pool being the centre piece of the complex. Visitor parks have been placed around the complex to accommodate extra guests during holiday periods. Most units allow for parking within the garage and on driveway unlike the competition complexes.

The new year will see the construction of the Griffin Neighbourhood Centre on Brays Road. This will include a major supermarket and specialty shops along with health services, sport, food and drink outlets, all with walking distance to Hidden Grove.

This townhouse has an impressive tenant in place wanting to stay on.

Ticking all the boxes with:
* Units with the same floor plan renting at $520 per week for new lets within the complex.
* High quality fittings and fixtures.
* Gas hot water system and gas cooktop.
* Air Conditioned in the main bedroom and living area.
* Huge bedrooms and bathrooms.
* Laundry is separate to the garage.
* CCTV throughout the complex
* Cul de sac location

Those who wish to invest please reach out for the full info package:

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Property History for 22/20 Stewart Rd, Griffin, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$438,000
02 Aug 2023
Listed for Rent
$535/w
03 Nov 2023
  • 25 Oct 2023
    Listed for Rent $535 / week
  • 04 Aug 2023
    Listed for Sale Not Disclosed
  • 02 Aug 2023
    Sold for $438,000
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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 6,031 properties. Over the last 5 years, Houses in Griffin have seen a 76.15% increase in median value, while Units have seen a 88.28% increase. As at 30 September 2024:

  • The median value for Houses in Griffin is $849,977 while the median value for Units is $590,520.
  • Houses have a median rent of $613 while Units have a median rent of $550.
There are currently 37 properties listed for sale, and 18 properties listed for rent in Griffin on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Griffin.

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