52/20 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 140m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
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.
Construction of the Griffin Neighbourhood Centre on Brays Road is underway. 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 rents for $500-$520 per week in this area and rising - this investment offers excellent returns.
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:
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 6,065 properties.
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