Lot 2/23 Ruby St, Herberton is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 1121m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
If you are looking to take the leap into property investment then this is the perfect opportunity for you!
Situated in a quiet part of Herberton is this set of 4 units, all tenanted with $640 per week in rental return. The current owners have made various improvements, painted exterior and some with updated bathrooms.
All flats feature 1 bedroom with an open plan layout and plenty of storage; additionally there is a small front patio at the front of each unit as well as covered parking at the rear.
This property is an ideal investment and with a shortage of rentals in the area you will always have tenants ready to move in.
As these units are currently tenanted, please allow 24hrs notice for inspections.
Features:
4 x 1 Bedroom units
Open plan layout
Some units have updated bathrooms
Patio at the front
Newly painted exterior
Covered parking at the rear
Situated in a great area
Opposite bushland
Currently tenanted
Call agent Suzey Whitby at Ray White Atherton on 0438 090 306 for your inspection.
REF13963
The size of Herberton is approximately 23.3 square kilometres. The population of Herberton in 2011 was 933 people. By 2016 the population was 847 showing a population decline of 9.2% in the area during that time. The predominant age group in Herberton is 10-19 years. Households in Herberton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Herberton work in a professional occupation. In 2011, 70.6% of the homes in Herberton were owner-occupied compared with 67.3% in 2016.
Herberton has 526 properties. Over the last 5 years, Houses in Herberton have seen a 64.05% increase in median value, while Units have seen a -43.08% decrease. As at 31 October 2024:
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