OFF MARKET

2/18 Gapparis Street
Kin Kora QLD 4680

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 962m2
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Last updated 11 Nov 2024
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Property Details for 2/18 Gapparis St, Kin Kora

2/18 Gapparis St, Kin Kora is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 962m2.

Building Type
Unit
Land Size
962m2
Local Government
Gladstone Regional

Last Listing description (October 2023)

Looking for a tidy investment property with great rental yield? Look no further than 18 Gapparis Street, Kin Kora. This property offers two tidy duplex units each complete with two bedrooms, one bathroom and single lock-up garages.

Offering an impressive 7.1% gross rental return, this property is ideal for an investor or owner occupier looking to live in one and lease the other.

Each unit features;

- Spacious open plan living and dining spaces complete with split system air conditioners and direct access to both the front and rear courtyards.
- Galley style kitchen featuring electric appliances and ample cupboard space.
- Two well-sized bedrooms with built-in robes and ceiling fans.
- Tidy bathroom complete with shower, vanity and toilet.
- Outdoor courtyards located at the front and rear of each unit.
- Hideaway style laundry in the rear courtyard with roller door access.
- Single carport with internal access and roller door entry.

Property features;
- Built in 2003
- 963m2 allotment
- Council rates: approx. $6,600 p.a
- Unit 1 tenanted until 10/12/23 for $280/wk
- Unit 2 tenanted until 6/3/24 for $280/wk

Located in Kin Kora, this home is a short walk to Kin Kora Primary School and Drakes shopping complex inclusive of grocery store, bakery, cafes and restaurants, hair salon, bottle-o, gym and much more. Within a short 3-minute drive of Toolooa State High School and Stocklands shopping centre.

Contact Hayley to book an inspection. Please note atleast 24hrs' notice is required for all inspections as both units are currently tenanted.

**Please note the information in this advertisement comes from sources we believe to be accurate, but accuracy is not guaranteed. Interested parties should make and rely on their own independent enquiries and due diligence in relation to the property**

Property History for 2/18 Gapparis St, Kin Kora, QLD 4680

A timeline of how this property has performed in the market
Listed for Rent
$280/w
03 Mar 2023
  • 16 May 2023
    Listed for Sale Offers Over $399,000
  • 14 Feb 2023
    Listed for Rent - Price not available
  • 04 Jan 2022
    Listed for Rent $270 / week

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About Kin Kora 4680

The size of Kin Kora is approximately 1.9 square kilometres. It has 6 parks covering nearly 52.1% of total area. The population of Kin Kora in 2011 was 2,689 people. By 2016 the population was 2,593 showing a population decline of 3.6% in the area during that time. The predominant age group in Kin Kora is 40-49 years. Households in Kin Kora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kin Kora work in a trades occupation. In 2011, 69.7% of the homes in Kin Kora were owner-occupied compared with 59.1% in 2016.

Kin Kora has 1,136 properties. Over the last 5 years, Houses in Kin Kora have seen a 105.29% increase in median value, while Units have seen a 173.91% increase. As at 31 October 2024:

  • The median value for Houses in Kin Kora is $473,687 while the median value for Units is $398,356.
  • Houses have a median rent of $480 while Units have a median rent of $365.
There are currently 21 properties listed for sale, and 7 properties listed for rent in Kin kora on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Kin kora.

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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.