3/34 Park LaneHyde Park QLD 4812
Property Details for 3/34 Park Lane, Hyde Park
3/34 Park Lane, Hyde Park is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1992. The property has a land size of 82m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Hyde Park in the last 12 months.
Last Listing description (November 2024)
Whether you're entering the market for the first time or looking to diversify your investment portfolio with a smaller property, this is an opportunity you won't want to miss. With a sturdy, low-maintenance construction and minimal body corporate fees, this property promises to be a dependable investment for years ahead.
Welcome to 3/34 Park Lane, Hyde Park.
The Property:
- Well appointed kitchen equipped with quality appliances and ample storage
-Internal offering easy access and the convenience of completing your laundry tasks without needing to venture outside.
- Spacious living/dining space provides ample room for relaxation and entertaining, creating a welcoming atmosphere for gatherings and everyday living.
- Air conditioning throughout ensuring a cool and pleasant environment during warm weather.
- Robust design with block walls throughout providing excellent insulation and soundproofing for a comfortable living environment.
- Affordable body corporate fees allowing you to maintain your property without breaking the bank.
-This property includes a single carport that provides sheltered parking and features lockable storage space. Along with the additional onsite visitor carpark perfect for keeping your belongings safe and organised.
The Opportunity:
The savvy investor purchasing this property will immediately reap the rewards of their investment thanks to the established tenancy through to 17/12/2024 providing $330 per week of rental income*
*Estimated rental appraisal in current market is $350 - $380 per week.
Council rates - $3664.08 per annum
Body corporates approx. $3200 per annum.
The Location:
Centrally located in the sought-after Hyde Park. This property is close to restaurants, entertainment, and the CBD.
- 7 Minutes to Queensland Country Bank Stadium
- 8 Minutes to Palmer Street and Restaurants
- 7 Minutes to the CBD
- 7 Minutes to Otto's Precinct and BCC Cinemas
The Townsville market is still moving along quickly, and affordable investments such as these do not hang around long.
Reach out to Dylan on 0459 641 033 for more information!
Interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. First National Townsville bears no liability for any loss sustained due to inaccuracy or omission.
Property History for 3/34 Park Lane, Hyde Park, QLD 4812
- 06 Nov 2024Sold for $270,000
- 11 Oct 2024Listed for Sale Offer's over $259,000
- 16 Apr 1999Sold for $84,000
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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 934 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.
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