5 Memory BoulevardInnes Park QLD 4670
Property Details for 5 Memory Bvd, Innes Park
5 Memory Bvd, Innes Park is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 837m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (January 2024)
Perfect investment! This solid brick duplex conveniently situated just two streets away from the Innes Park Esplanade, beach and corner stores as well as sitting across the road from a park. The units are mirror images of each other, neat and functional, with plenty of room for improvement.
Each unit offers
- Central open plan living, dining and kitchen
- Functional shaped kitchen with electric range, range hood, U shaped bench and cupboard space and a low set breakfast bar
- Bathroom offers shower, vanity, mirror and linen space while the toilet comes off of the laundry
- Laundry connects to the carport for internal access and opens out to the back yard for the clothes line
Neatly sat on an 837m2 block with space for fencing, sheds or carports and som much potential internally for renovation, this investment allows you to unlock greater rental returns and capital appreciation. Further more the position is perfect seeking to capitalise on the area's allure. This property caters perfectly to investors looking for immediate returns as well as long-term gains.
Investors note current rental appraisal is $320 per week per unit. For a more in-depth look, please view our virtual tour. Call, text or email Ainsley Driver and Zak Wright for more information, or to book a viewing!
Property History for 5 Memory Bvd, Innes Park, QLD 4670
- 06 Oct 2023Sold for $450,000
- 27 Jul 2023Listed for Sale $499,000
- 06 Feb 2003Sold for $117,000
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About Innes Park 4670
The size of Innes Park is approximately 10.1 square kilometres. It has 13 parks covering nearly 2.7% of total area. The population of Innes Park in 2011 was 2,030 people. By 2016 the population was 2,297 showing a population growth of 13.2% in the area during that time. The predominant age group in Innes Park is 0-9 years. Households in Innes Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Innes Park work in a professional occupation. In 2011, 77% of the homes in Innes Park were owner-occupied compared with 77.9% in 2016.
Innes Park has 1,425 properties. Over the last 5 years, Houses in Innes Park have seen a 107.59% increase in median value, while Units have seen a 58.38% increase. As at 31 October 2024:
- The median value for Houses in Innes Park is $782,826 while the median value for Units is $586,242.
- Houses have a median rent of $660.
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