OFF MARKET

51/2 Lavender Drive
Griffin QLD 4503

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 176m2
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Property Details for 51/2 Lavender Dr, Griffin

51/2 Lavender Dr, Griffin is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 176m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2014
Floor Size
126m2
Land Size
176m2
Local Government
Moreton Bay
Lot/Plan
51/SP267655

Last Listing description (July 2024)

Mathew Anderson sold this, hands down this is the very best cared for property by a tenant we have ever ever seen!
Its stunningly furnished, is spotless and in great condition with manicured gardens treated just like home.
Outstanding!

These photos are of the unit vacant. On inspection you will find it to be the very best presented in the market available to move in to in January 2023.

What a fantastic opportunity to own this modern two-storey townhouse with four bedroom, three bathrooms and a double lock up garage on 176m2 high and dry block. This home is spacious, stylish and a great investment.

Great tenants in place 7 years, great ROI, great management of this 4-bedroom corner Townhouse in Griffin, in the north Brisbane growth corridor. Located near schools, shopping centres, parklands and M1 Motorway with easy access to Southeast Queensland.

Set within a quiet, secure, and well-maintained complex complete with onsite management, swimming pool, gym-room, ample parking, and low body corporate fees. It offers a perfect addition to your investment portfolio, with a longstanding and happy tenant looking to stay on.

With easy internal access from the garage, this modern townhouse ticks all the boxes.
Downstairs features air-conditioned living and dining areas, separate laundry and powder room, modern kitchen, complete with generous Caesar stone bench-tops, electric stove and dishwasher with generous storage. The gourmet kitchen leads on to the living area and spacious outdoor alfresco area with its own private courtyard.

Upstairs features four spacious bedrooms and main bathroom and study nook, two bedrooms have their own en-suite attached.

Conveniently located with all amenities nearby. Public transport is on the doorstep (bus route on Lavender Drive), local shopping complex under development and schools/childcare facilities are also close at hand.
It's a short 10-minute drive to Westfield North Lakes and all other North Lakes amenities; Costco, Bunnings and commercial precincts are easily accessible just minutes' drive away.

This investment property offers solid returns and almost zero vacancy rate, and Griffin is an up-and-coming area with capital growth just beginning to flow through the area and townhouse market.

Current rental - $410/week through to 30 Jan 2023
Rates - $440/quarter (approx)
Body Corp Levies - $900/quarter (approx)

Contact us for more information today.
Note: Images used are representative only - color schemes may vary

Property History for 51/2 Lavender Dr, Griffin, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$520,000
27 Sep 2022
  • 27 Sep 2022
    Sold for $520,000
  • 17 Jul 2022
    Listed for Sale Contact Agent
  • 31 Mar 2015
    Sold for $392,000

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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 6,028 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.
There are currently 48 properties listed for sale, and 13 properties listed for rent in Griffin on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Griffin.

Suburb Insights for Griffin 4503

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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.