2 Phoebe CrescentKensington QLD 4670
Property Details for 2 Phoebe Cres, Kensington
Last Listing description (October 2022)
Fully leased investment returning $101,400 + OUTGOINGS + GST
Tenant 1: Complete Auto Care
2 x 5 yr lease + GST + Outgoings
Tenant 2: Fulcrum Suspension Specialist - Bundaberg
2 x 3 yr Lease + GST + Outgoings
Located on the corner of Phoebe Crescent & Johanna Blvd Kensington
Total floor area is 495m2
High profile position on 2278m2 corner block
Fully Fenced Cark Park offering 20+ car parks
Low maintenance investment ideal for SMSF or Passive investor
Returning 6.76% Net Yield per year (exc Prop Mgt) + CPI annual increases
Sought after location surrounded by huge national brands and operators, Bunnings, Rebel, Fantastic Furniture, Amart, Coles & Woolworths and many more!
Only a short drive from the Bundaberg CBD and Airport assuring future capital growth.
Contact exclusive listing agent Driss Doukari on 0410 516 309 for the most up to date and reliable information on this fantastic Investment opportunity.
Property History for 2 Phoebe Cres, Kensington, QLD 4670
- 25 Jul 2022Sold for $1,490,000
- 07 Jul 2022Listed for Sale Sold
- 08 Nov 2018Sold for $460,000
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0About Kensington 4670
The size of Kensington is approximately 15.6 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Kensington in 2011 was 546 people. By 2016 the population was 564 showing a population growth of 3.3% in the area during that time. The predominant age group in Kensington is 60-69 years. Households in Kensington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kensington work in a labourer occupation. In 2011, 70.7% of the homes in Kensington were owner-occupied compared with 69.2% in 2016.
Kensington has 428 properties. Over the last 5 years, Houses in Kensington have seen a 105.53% increase in median value. As at 31 October 2024:
- The median value for Houses in Kensington is $705,998 while the median value for Units is $382,530.
- Houses have a median rent of $298.
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