12/48-54 Fleet DriveKippa-Ring QLD 4021
Property Details for 12/48-54 Fleet Dr, Kippa-Ring
12/48-54 Fleet Dr, Kippa-Ring is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 127m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom Townhouse sold in Kippa-Ring in the last 12 months.
Last Listing description (January 2024)
Nestled in Kippa-Ring, 12/48-54 Fleet Drive presents a remarkable real estate opportunity that combines modern living, convenience, and an impressive rental return. With a rental potential rental yield in excess of $460 per week, this property stands as a beacon of both comfort and financial gain.
Property Highlights:
1. Prime Location: Situated in the heart of Kippa-Ring, this property enjoys close proximity to essential amenities, including shopping centres, schools, parks, and public transport. Residents will relish the convenience of urban living while also savouring a peaceful suburban atmosphere.
2. Contemporary Design: The property boasts a contemporary design, offering sleek lines, functional spaces, and an abundance of natural light. The layout has been thoughtfully crafted to optimise both comfort and livability, catering to modern lifestyles.
3. Rental Returns: One of the standout features of this property is its exceptional rental return, surpassing $400 per week & estimated returns between $460 & $480 per week. This makes it an attractive option for investors looking to capitalise on a high-yield asset in a desirable location.
5. Lifestyle Amenities: Beyond its investment merits, the property offers a comfortable and convenient lifestyle. Modern appliances, ample storage, and well-appointed living spaces ensure that residents enjoy a high standard of living.
6. Growth Prospects: Kippa-Ring is part of a region that has shown promising growth in both property values and infrastructure development. This bodes well for the property's long-term value appreciation potential.
In summary, 12/48-54 Fleet Drive, Kippa-Ring, encapsulates the essence of an exceptional real estate opportunity. Whether you're an astute investor or a home-buyer seeking a combination of convenience and value, this property is not to be overlooked. Seize the chance to own a slice of prime real estate in the thriving community of Kippa-Ring.
**Disclaimer property is currently occupied photos are for marketing purpose only**
Property History for 12/48-54 Fleet Dr, Kippa-Ring, QLD 4021
- 18 Oct 2023Sold for $365,000
- 17 Jun 2022Listed for Sale For Sale
- 09 Sep 2020Listed for Sale $210,000
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About Kippa-Ring 4021
The size of Kippa-ring is approximately 5.4 square kilometres. It has 24 parks covering nearly 12.7% of total area. The population of Kippa-ring in 2011 was 9,928 people. By 2016 the population was 9,805 showing a population decline of 1.2% in the area during that time. The predominant age group in Kippa-ring is 10-19 years. Households in Kippa-ring are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kippa-ring work in a trades occupation. In 2011, 64.5% of the homes in Kippa-ring were owner-occupied compared with 61.5% in 2016.
Kippa-Ring has 4,389 properties. Over the last 5 years, Houses in Kippa-Ring have seen a 75.70% increase in median value, while Units have seen a 67.14% increase. As at 30 September 2024:
- The median value for Houses in Kippa-Ring is $738,804 while the median value for Units is $485,693.
- Houses have a median rent of $580 while Units have a median rent of $450.
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