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Sold on 20 Sep 2023 for $99,000

19/97-111 Routley Drive
Kooralbyn QLD 4285

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 38m2
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Property Details for 19/97-111 Routley Dr, Kooralbyn

19/97-111 Routley Dr, Kooralbyn is a 1 bedroom, 1 bathroom Studio with 1 parking spaces. The property has a floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom Studio sold in Kooralbyn in the last 12 months.

Building Type
Studio
Floor Size
38m2
Local Government
Scenic Rim Regional
Lot/Plan
19/BUP105823

Last Listing description (September 2023)

This studio unit presents a fantastic investment opportunity, with a reliable tenant already in place. Generating a solid rental income of $170 per week, this property offers a great return on investment, especially considering the rapidly increasing rental rates in the area. With incredibly low body corp fees of just $483 per quarter, it is a low risk, cash positive investment that should not be passed up.

The complex boasts meticulously maintained grounds, including a large saltwater inground pool, and stunning manicured gardens. Pathways wind through the separate buildings, creating a serene and picturesque environment.

Convenience is key, as the complex is just a short drive away from local amenities such as food shops, a hairdresser, a chemist, takeaways, restaurants, a service station, parks, lagoons, and the popular The Kooralbyn Resort.

Located in one of South East Queensland's most beautiful and well-kept secrets, this area offers a tranquil lifestyle while still being within easy reach of Brisbane and the Gold Coast, both just over an hour's drive away.

Don't miss out on this opportunity to invest in a thriving and stunning location. Contact us today to arrange a viewing and secure your place in this hidden gem of South East Queensland.

Property History for 19/97-111 Routley Dr, Kooralbyn, QLD 4285

A timeline of how this property has performed in the market
Last Sold
$99,000
20 Sep 2023
Listed for Rent
$115/w
24 Apr 2010
  • 20 Sep 2023
    Sold for $99,000
  • 08 Sep 2023
    Listed for Sale Offers Over $89,000
  • 20 Jul 2017
    Sold for $50,000
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About Kooralbyn 4285

The size of Kooralbyn is approximately 87.5 square kilometres. It has 11 parks covering nearly 4% of total area. The population of Kooralbyn in 2011 was 1,371 people. By 2016 the population was 1,725 showing a population growth of 25.8% in the area during that time. The predominant age group in Kooralbyn is 60-69 years. Households in Kooralbyn are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kooralbyn work in a trades occupation. In 2011, 74.2% of the homes in Kooralbyn were owner-occupied compared with 70.9% in 2016.

Kooralbyn has 1,227 properties.

    There are currently 14 properties listed for sale, and no properties listed for rent in Kooralbyn on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Kooralbyn.

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    Scott Brannigan
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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.