SOLD
Sold on 15 Oct 2024 for $897,000

66 Waterfront Drive
Karalee QLD 4306

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 107m2
Land area: 4000m2
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Property Details for 66 Waterfront Dr, Karalee

66 Waterfront Dr, Karalee is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 4000m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Karalee in the last 12 months.

Building Type
House
Year Built
2014
Floor Size
107m2
Land Size
4000m2
Local Government
Ipswich
Lot/Plan
18/SP238987

Last Listing description (November 2024)

OUTSTANDING VALUE For INVESTORS & OPPORTUNITY FOR DUAL LIVING FAMILIES

STRONG INVESTMENT OPPORTUNITY
IDEAL For BLENDED FAMILIES

WELL ABOVE FLOOD LEVELS
PRESTIGE ESTATE

Situated on a beautifully maintained acre of land (4000sqm) that borders a quiet, peaceful and accessible verge of the Brisbane River within the prestige River Retreat Estate. This property offers options for a unique investment or lifestyle opportunity. It is ideal for long term investment with strong yield and respectful tenants in place, also perfect for Dual Living conditions suitable for Large & Blended Families Or, you could live one side & rent the other with fantastic views and a semi-rural lifestyle.

The property is beautifully landscaped with plenty of open space with level areas for further infrastructure.

Located well above flood levels and within walking distance of Karalee State School & Early Learning Centres provides a lifestyle sought after by many but available to very few. This could well be your opportunity to secure an unparalleled lifestyle within a vibrant and growing community.

UNIT 1 Three Bed | Two Bath | One Car

Stylish & Modern with fans to all bedrooms
Fans and air-conditioned living area
Private outdoor entertaining area
Respectful Tenants on Lease until 9 June 2025 @ $460pw
Single garage with R/C and internal entry

UNIT 2 Two Bed | One Bath | One Car

Stylish and modern with fans to all bedrooms
Fan and air-conditioners to living area
Private outdoor entertaining area
Respectful Tenants on Lease until 5 June 2025 @ $400pw
Single garage with laundry

Extra Information:
Rates: $1240.25 per quarter
Water: $315.61
Combined Rental Yield: $860pw

LOCATION LOCATION:-
5 Mins* to Karalee Shopping Village with Coles & Woolworths supermarkets and a host of retail outlets, doctors, chemist, cafes, gyms and more
Walk or drive to Karalee State School, Kindergarten & Day Care
5 Mins* to local Brisbane River Boat Ramps
15 Mins* to Dinmore Station for Park & Ride to Brisbane CBD
15 Mins* to Ipswich CBD, UQ Ipswich Campus & more
25 Mins* to Indooroopilly Shopping Centre
Approximately =*
For further information or your welcomed inspection please call Rob & Gillian Dargusch at NGU Real Estate Karalee.

Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

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Property History for 66 Waterfront Dr, Karalee, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$897,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $897,000
  • 30 Jul 2024
    Listed for Sale Under Contract with NGU Karalee
  • 29 Aug 2022
    Sold for $685,000
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About Karalee 4306

The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2011 was 3,683 people. By 2016 the population was 4,350 showing a population growth of 18.1% in the area during that time. The predominant age group in Karalee is 10-19 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation. In 2011, 90.9% of the homes in Karalee were owner-occupied compared with 86.8% in 2016.

Karalee has 2,232 properties. Over the last 5 years, Houses in Karalee have seen a 69.74% increase in median value, while Units have seen a 142.77% increase. As at 30 November 2024:

  • The median value for Houses in Karalee is $933,183 while the median value for Units is $899,010.
  • Houses have a median rent of $585.
There are currently 28 properties listed for sale, and no properties listed for rent in Karalee on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Karalee.

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