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Sold on 20 Jun 2024 - Price Unavailable

7 Narangi Street
Heatley QLD 4814

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
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Property Details for 7 Narangi St, Heatley

7 Narangi St, Heatley is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 8 bedroom BlockOfUnits sold in Heatley in the last 12 months.

Building Type
BlockOfUnits
Local Government
Townsville City
Lot/Plan
1/SP171430

Last Listing description (June 2024)

Comprising of four individually strata titled units, the current rental income stands at $1,150 per week (current rental appraisal available upon request), with rates averaging approximately $1,630 for six months per unit.
Situated at a prime central location, this unique four-unit complex, individually strata titled, presents an ideal opportunity for savvy investors seeking a stable return on their investment. Each of the meticulously maintained units adds significant value to any property portfolio. Boasting high occupancy rates, these units, constructed with besser blocks, offer proximity to various amenities such as public transport, parks, playgrounds, convenience stores, a public swimming pool, Heatley High School, and Vincent Village Shopping Centre.

The layout includes two units on the ground floor and two units on the upper level with a central staircase, each featuring:

• Two generously sized bedrooms
• Expansive living and dining spaces
• Functional kitchens equipped with ample cupboard space
• Contemporary bathrooms
• Internal Laundry
• Complete with security screens and ceiling fans
• Each unit includes a covered carport for parking convenience.

Video walk through of the units is available upon request.

Property History for 7 Narangi St, Heatley, QLD 4814

A timeline of how this property has performed in the market
Last Sold
20 Jun 2024
  • 20 Jun 2024
    Sold
  • 16 May 2024
    Listed for Sale $800,000
  • 07 Feb 2018
    Listed for Sale $87,500.00 per unit

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About Heatley 4814

The size of Heatley is approximately 2 square kilometres. It has 2 parks covering nearly 6.7% of total area. The population of Heatley in 2011 was 4,215 people. By 2016 the population was 4,037 showing a population decline of 4.2% in the area during that time. The predominant age group in Heatley is 10-19 years. Households in Heatley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Heatley work in a trades occupation. In 2011, 56.6% of the homes in Heatley were owner-occupied compared with 58.9% in 2016.

Heatley has 1,771 properties. Over the last 5 years, Houses in Heatley have seen a 97.25% increase in median value, while Units have seen a 72.25% increase. As at 31 October 2024:

  • The median value for Houses in Heatley is $413,102 while the median value for Units is $314,292.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Heatley on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Heatley.

Suburb Insights for Heatley 4814

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Nick Oats
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Page & Pearce Real Estate
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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.