1/11 Portia StreetKingston QLD 4114
Property Details for 1/11 Portia St, Kingston
1/11 Portia St, Kingston is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 146m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (February 2021)
This property is NRAS subsidised, which means the government pays you on average over $10,000 Per Annum to have a slightly lower rate on the lease (Currently rented at $278pw) which brings the annual income received to approximately $25,000 - the same income to a property earning around $470pw annually.
Across 3 floors, this well equipped townhouse is conveniently positioned within walking distance to the train station, offering easy access to Brisbane and the Gold Coast. Close by to bus stops, schools, local shops, eating venues and also offering fast access to the highway so the commute to work is a breeze.
With high motivation from the seller due to their circumstance this property MUST BE SOLD and opportunities to earn an incredible investment yield like this are nearly impossible to come by in residential properties. So if you are after something that truly makes you money, then this positively geared gem is for you!
- Roomy 3 level property offering modern, secure living
- 3 Good sized rooms, each with wardrobes and ensuite bathrooms!
- Air con for all year round comfort
- Outdoor entertaining/living areas across 2 floors.
- Spacious modern kitchen offering ample bench and storage space
- End unit with abundance of natural light due to only 1 common wall
- Lease through to April 2021
- NRAS Subsidised property with a truly HUGE rental return
- + So Much More...
Kingston is centrally located and offers:
- Selection of local private and public schools
- Many shopping centres, cafes and restaurants
- Public transport options, Brisbane/Gold Coast a short train ride away
- Ipswich, Gold Coast and Brisbane all approx. 30 mins away
- Fast access to the Pacific Motorway and Logan Motorway
+ So Much More!
Be quick to pick this high returning property up before someone else does! Call Sam Muller on 0407 000 820 for more info or to arrange a private inspection.
Property History for 1/11 Portia St, Kingston, QLD 4114
- 03 Jul 2020Sold for $195,000
- 01 May 2020Listed for Sale JUST LISTED, MUST BE SOLD!!!
- 18 Oct 2019Listed for Rent $276 / week
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About Kingston 4114
The size of Kingston is approximately 6.7 square kilometres. It has 30 parks covering nearly 17.2% of total area. The population of Kingston in 2011 was 10,183 people. By 2016 the population was 10,538 showing a population growth of 3.5% in the area during that time. The predominant age group in Kingston is 20-29 years. Households in Kingston are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kingston work in a labourer occupation. In 2011, 51.4% of the homes in Kingston were owner-occupied compared with 47.5% in 2016.
Kingston has 4,142 properties. Over the last 5 years, Houses in Kingston have seen a 130.29% increase in median value, while Units have seen a 91.47% increase. As at 31 October 2024:
- The median value for Houses in Kingston is $655,293 while the median value for Units is $475,257.
- Houses have a median rent of $510 while Units have a median rent of $450.
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