SOLD
Sold on 17 Jul 2024 for $2,490,000

48 Mint Crescent
Griffin QLD 4503

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 48 Mint Cres, Griffin

48 Mint Cres, Griffin is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2014. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom House sold in Griffin in the last 12 months.

Building Type
House
Year Built
2014

Last Listing description (August 2024)

Located in a quiet pocket of Griffin, this duplex offers a fantastic rental return, extremely low vacancy rates, growth potential, and no Body Corporate fees, making it a smart investment or owner-occupier opportunity.

Built in 2015 on a 420sqm block, this modern duplex comprises 5 bedrooms and 3 bathrooms, each unit independently water-metered and situated in an ultra-convenient location.

This property offers a versatile configuration and is ideal for investors looking to rent both units, or would also suit a family/couple/multigenerational family looking to purchase a dual living opportunity or live in one and rent the other.

Unit 48A: A 2-bedroom, 1-bathroom unit with a single garage, renting for $400 per week.
Unit 48A Features:
Two bedrooms with built-in robes.
Bathroom servicing both bedrooms.
Open-plan kitchen, living, and dining area with stone bench tops and quality stainless steel appliances (gas cooktop, electric oven, and dishwasher).
Security screens, a low-maintenance front porch, and a single lock-up garage.

Unit 48B: A 3-bedroom, 2-bathroom unit with a single garage, currently generating $2155 per month ($497.30 per week).
Unit 48B Features:
Three bedrooms, including a master with an ensuite and walk-in robe; other bedrooms with built-ins.
Open-plan kitchen, living, and dining area, plus a separate formal living area.
Modern kitchen with composite stone bench tops, breakfast bar, quality stainless steel appliances, gas cooktop, and dishwasher.
Covered alfresco area and fully fenced backyard, perfect for pets and entertaining.

Both units have security screens, fans, reverse cycle air conditioning, gas hot water, and a single lock-up garage with additional driveway parking.

This freehold property is on one title and both units are individually metered for water and power, making tenants responsible for their outgoings.

Financials at a Glance:
Unit 48A:
Rented at $400 per week (until 26/7/25).
Unit 48B:
Rented at $2155 per month ($497.30 per week, periodic lease).
Rates: Approximately $954 per qrt for both units.
Water rates (access): $553 per qrt for both units (independently metered).
No body corporate fees.

Situated in the growing suburb of Griffin, minutes from the highway, Westfield shopping centre in North Lakes, Murrumba Downs Train Station, medical and dental centers, bus stops, and numerous schools, this property is highly attractive and a wise investment for any investor or owner-occupier.

For additional information or to book a private inspection, please call me at 0439 941 501. Don't delay - duplexes are very popular due to their excellent investment yield, and this one will be snapped up quickly!

* DISCLAIMER: Whilst every care is taken in the preparation of the information contained in this marketing. The Agency will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property History for 48 Mint Cres, Griffin, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$2,490,000
17 Jul 2024
Listed for Rent
$290/w
31 Dec 2019
    No history found for this property.

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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 6,085 properties. Over the last 5 years, Houses in Griffin have seen a 72.87% increase in median value, while Units have seen a 87.62% increase. As at 31 August 2024:

  • The median value for Houses in Griffin is $837,414 while the median value for Units is $579,604.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 30 properties listed for sale, and 19 properties listed for rent in Griffin on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Griffin.

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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.