OFF MARKET

14 Bayswater Terrace
Hyde Park QLD 4812

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 810m2
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Property Details for 14 Bayswater Tce, Hyde Park

14 Bayswater Tce, Hyde Park is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Land Size
810m2
Local Government
Townsville City
Lot/Plan
14/RP703426

Last Listing description (May 2022)

Expand your portfolio and sure up your super fund with this rock-solid investment in the heart of popular Hyde Park. Built by the property's only owner in 1971 and never before offered to the market for sale, the solid block and tile construction will ensure this property is both low in maintenance and will be here for another 50 plus years. Undergoing a major rejuvenation approximately 10 years ago, there is nothing to do for the new owners except sit back and enjoy the over $57,000 p.a. in income from this smart and trouble-free investment. Viewings possible by appointment, so call today.

The Property

- 4 x 2-bedroom flats set on an 810m2 fenced block

- Each flat features one bathroom, lounge/kitchen/dining area & internal laundry
- Major renovation internally to living spaces, kitchens & bathrooms approx. 10 years ago
- One car space each property
- Three of the four flats enjoy fully enclosed & lockable outdoor space
- Fully security screened
- Air-conditioned living areas and master bedrooms
- All bedrooms have built-in wardrobes
- Visitor parking on site
- Currently returned $57,460 pa. with tenants that are eager to stay long term
- Leases available on request
- Current rental appraisal shows up to $62,400 possible in this market which is continuing to tighten
- Occupancy has been extremely high over a long period

The Location

- Close to quality junior and senior schools
- Close to major shopping centres
- Walking distance to parks and sporting fields
- Moments to the Mater Hospital precinct
- A short drive to the city centre and The Strand

Property History for 14 Bayswater Tce, Hyde Park, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$850,000
08 Mar 2022
Listed for Rent
$250/w
09 May 2017
  • 08 Mar 2022
    Sold for $850,000
  • 24 Feb 2022
    Listed for Sale Mid - High $800,000s
  • 20 May 2021
    Listed for Rent $275 / week
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About Hyde Park 4812

The size of Hyde Park is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.3% of total area. The population of Hyde Park in 2011 was 1,425 people. By 2016 the population was 1,374 showing a population decline of 3.6% in the area during that time. The predominant age group in Hyde Park is 30-39 years. Households in Hyde Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation. In 2011, 47.9% of the homes in Hyde Park were owner-occupied compared with 49.3% in 2016.

Hyde Park has 933 properties. Over the last 5 years, Houses in Hyde Park have seen a 61.34% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:

  • The median value for Houses in Hyde Park is $504,398 while the median value for Units is $287,957.
  • Houses have a median rent of $400 while Units have a median rent of $345.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Hyde park on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Hyde park.

Suburb Insights for Hyde Park 4812

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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.