SOLD
Sold on 26 Apr 2024 for $735,000

16 Pengam Street
Kuraby QLD 4112

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 405m2
Sold By
Jake Whitaker
Place Kangaroo Point
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Property Details for 16 Pengam St, Kuraby

16 Pengam St, Kuraby is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 405m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Kuraby in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
108m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
59/RP37390

Last Listing description (June 2024)

Welcome to 16 Pengam Street, Kuraby; an incredibly rare opportunity for those looking to enter the market, downsize, invest (combined rent of $700 per week between the house and studio) or secure a flat north facing block of land to rebuild their dream home like many have in the street and the streets that surround. Available for sale for the first time in almost twenty four years, the reluctant owner has made the decision clear that this property will be sold.

Located within minutes from the M1 for access to Brisbane CBD or the Gold Coast, several Shopping Villages (choices are endless), Schools, Hospitals, Universities, Transport (buses & trains) and many other necessary facilities. This property will suit savvy investors, owner occupiers and those looking to build their brand new forever home.

Main Residence Features:

- Three spacious bedrooms with ceiling fans
- Easily accessible main bathroom
- Combined living/dining area with access to the front undercover deck
- Kitchen with endless cupboard/bench space
- Separate laundry with further storage space
- Spacious front undercover deck with additional rear outdoor space
- Shared double carport with further space on the driveway
- Fully fenced with secure front fence

Self Contained Studio Features:
- Open plan studio setup with bedroom, living & dining space combined
- Separate bathroom with shower & toilet
- Kitchenette with combined laundry space & external access
- Front undercover patio & outdoor entertainment space at the rear
- Shared double carport at the front of the main residence

** Currently tenanted with a combined rent of $700 per week **

Due to the endless potential and unique opportunity on offer, this property will sell quickly, so don't delay, call marketing agent Jake Whitaker with any further questions today!

Disclaimer:
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 16 Pengam St, Kuraby, QLD 4112

A timeline of how this property has performed in the market
Last Sold
$735,000
26 Apr 2024
Listed for Rent
02 Feb 2024
  • 26 Apr 2024
    Sold for $735,000
  • 13 Mar 2024
    Listed for Sale Not Disclosed
  • 17 Jan 2024
    Listed for Rent $300 / week
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About Kuraby 4112

The size of Kuraby is approximately 4.5 square kilometres. It has 19 parks covering nearly 15.9% of total area. The population of Kuraby in 2011 was 7,776 people. By 2016 the population was 8,100 showing a population growth of 4.2% in the area during that time. The predominant age group in Kuraby is 0-9 years. Households in Kuraby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kuraby work in a professional occupation. In 2011, 72.9% of the homes in Kuraby were owner-occupied compared with 72.8% in 2016.

Kuraby has 2,937 properties. Over the last 5 years, Houses in Kuraby have seen a 90.01% increase in median value, while Units have seen a 103.76% increase. As at 31 August 2024:

  • The median value for Houses in Kuraby is $1,221,564 while the median value for Units is $678,525.
  • Houses have a median rent of $750 while Units have a median rent of $530.
There are currently 26 properties listed for sale, and 7 properties listed for rent in Kuraby on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Kuraby.

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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.