346 Stenhouse StreetKoongal QLD 4701
Property Details for 346 Stenhouse St, Koongal
346 Stenhouse St, Koongal is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1974. The property has a land size of 663m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2006.
Last Listing description (October 2023)
Positioned peacefully at the end of the street with parkland behind as far as the eye can see, this remarkable duplex will spark the interest of any astute investor.
While Unit 2 has been fully renovated top to bottom, Unit 1 has been partially renovated, presenting a fantastic opportunity to reap the benefits of the fully completed unit, while you prepare your vision for Unit 1 later down the track.
Both units have two bedrooms and an open-plan layout, creating a seamless flow between the living, dining and kitchen areas - an ideal space for comfortable living and entertaining. There's a single carport to each unit behind the colorbond fence; both yards are individually fenced so the tenants maintain their own yards.
THE YIELD?
Unit 1: Tenanted at $240pw until September 2024, rent recently re-appraised at $310pw.
Unit 2: Tenanted at $300pw until May 2024, rent recently re-appraised at $360pw.
This investment is currently returning an excellent 5.6% yield, but you could be looking at the potential of an almost 7% return, just as it is!
AT A GLANCE...
* 2 bedrooms to each unit
* Updated kitchen to Unit 1
* Fully renovated Unit 2
* Internal laundry to each unit
* Cosy rear uncovered patio to unit 2
* Single carports to each unit
* Both units overlook an individually fenced backyard and beyond to parkland.
With no Body Corporate to consider, Rockhampton duplexes are in high demand; take advantage of this opportunity for future renovation and potential growth. Contact Rebecca Trott for more information.
Property History for 346 Stenhouse St, Koongal, QLD 4701
- 25 Jul 2023Listed for Sale $499,000
- 23 Oct 2006Sold for $240,000
- 19 May 2003Sold for $110,000
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About Koongal 4701
The size of Koongal is approximately 4.4 square kilometres. It has 8 parks covering nearly 16.8% of total area. The population of Koongal in 2011 was 4,727 people. By 2016 the population was 4,276 showing a population decline of 9.5% in the area during that time. The predominant age group in Koongal is 0-9 years. Households in Koongal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koongal work in a labourer occupation. In 2011, 59% of the homes in Koongal were owner-occupied compared with 59.8% in 2016.
Koongal has 2,065 properties.
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