SOLD
Sold on 14 Jun 2024 for $510,000

40/179 Brays Road
Griffin QLD 4503

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 144m2
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Property Details for 40/179 Brays Rd, Griffin

40/179 Brays Rd, Griffin is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 144m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Griffin in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
107m2
Land Size
144m2
Local Government
Moreton Bay
Lot/Plan
40/SP299250

Last Listing description (October 2024)

Position Central, High Demand Rental Property ? Zero Vacancy Rates
Vista On Brays is a boutique development built in 2018 featuring just 60 townhouses positioned at the heart of the Griffin community, benefiting from a prime position near shops schools and upcoming infrastructure close by.

The quality Denmack Developments construction and central location on offer here makes for an excellent equity creation investment, a sort after complex for tenants with 100% rental occupancy since its inception. Above market rental prices are achieved consistently due to the executive standard finishes and the dedicated onsite property management team.

This is one of the best investments you will find in the North Brisbane area with excellent return. Intelligently built to attract the highest quality tenants with expansive open plan living areas, massive main bedroom, walk through robe to ensuite, larger second and third bedrooms.

Situated just 5 minutes to North Lakes Westfield major shopping precinct, 5 minutes to the Murrumba Downs train station and right next door to food outlets, bottle shop and the local gym. Upcoming local developments include the New Griffin Sports Centre & Local Shopping Centre, all within walking distance from here.

A key feature of this investment is the quality of the elite onsite team, with day-to-day oversight of your property, meticulous site management and elite standard property management designed for a set and forget investment.

Town Homes Investment Featuring:
? Prime Location
? High Rental Return in Small Complex
? Quality Tenant Wanting to Stay On
? High Quality Construction Under Builders Warranty
? Elite Onsite Property Management
? CCTV Throughout the Complex
? Air Conditioned Throughout the Entire Unit
? Huge Main Bedroom and Ensuite
? Separate Laundry
? Just 29km North of Brisbane CBD in the North Brisbane Growth Corridor

CONTACT US FOR A COMPREHENSIVE INFO PACK:

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Property History for 40/179 Brays Rd, Griffin, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$510,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $510,000
  • 08 Jun 2024
    Listed for Sale Contact Agent
  • 28 Nov 2018
    Sold for $379,500

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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 6,089 properties. Over the last 5 years, Houses in Griffin have seen a 78.97% increase in median value, while Units have seen a 93.57% increase. As at 30 November 2024:

  • The median value for Houses in Griffin is $859,139 while the median value for Units is $597,131.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 34 properties listed for sale, and 16 properties listed for rent in Griffin on OnTheHouse. According to CoreLogic's data, 350 properties were sold in the past 12 months in Griffin.

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Contact agent
Mathew Anderson
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RAAS Property Group
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