OFF MARKET

48-50 Station Road
Lawnton QLD 4501

Bedrooms: 11
Bathrooms: 7
Car spaces: 8
Land area: 1347m2
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Property Details for 48-50 Station Rd, Lawnton

48-50 Station Rd, Lawnton is a 11 bedroom, 7 bathroom Unit with 8 parking spaces. The property has a land size of 1347m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Land Size
1347m2
Local Government
Moreton Bay
Lot/Plan
481/SP216659

Last Listing description (December 2022)

This is an extremely rare opportunity to purchase a great investment property in an absolute prime location. The block of 7 units (not strata titled) returns a massive $1,925 per week in rent with really good tenants in place:
Unit 1 - End of lease - 23/05/2023 @ $340 a week (3 Bedroom)

Unit 2 - End of lease - 12/01/2023 @ $250 a week (1 Bedroom)
Unit 3 - End of lease - 06/03/2023 @ $245 a week (1 Bedroom)
Unit 4 - End of lease - 12/04/2023 @ $255 a week (1 Bedroom)
Unit 5 - End of lease - 25/01/2023 @ $250 a week (1 Bedroom)
Unit 6 - End of lease - 09/01/2023 @ $290 a week (2 Bedroom)
Unit 7 - End of lease - 08/06/2023 @ $295 a week (2 Bedroom)

All Units are in good condition and have been well maintained, some features are:
- 8 Car parks on site (uncovered)
- Solar electricity for each unit
- Small shed for each unit
- Block size 1,347m2

Positioned in the heart of Lawnton, the property is a genuine walk to everything including:
- Lawnton Bus and Railway at the door
- Shops, cafes, tavern and restaurants all close
- Schools, parks and shopping centres
- Walk to USC Petrie University
- 30 mins approx. to Brisbane CBD by Train

This block of 7 units is truly a set and forget investment that would perfectly compliment an investor wanting to add a secure, well positioned property to their portfolio in one of the fastest growing areas in the Country.

Disclaimer:
"Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."

"LJ Hooker Property Connections also offer a property management service. If you're considering renting your property, are looking to buy or would like a free review of your current portfolio, please call our main office on (07) 32044666."

Property History for 48-50 Station Rd, Lawnton, QLD 4501

A timeline of how this property has performed in the market
Last Sold
$1,300,000
27 Jul 2022
  • 27 Jul 2022
    Sold for $1,300,000
  • 27 Jun 2022
    Listed for Sale For Sale
  • 18 Aug 2016
    Sold for $1,100,000
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About Lawnton 4501

The size of Lawnton is approximately 8.7 square kilometres. It has 34 parks covering nearly 7.7% of total area. The population of Lawnton in 2011 was 5,355 people. By 2016 the population was 5,671 showing a population growth of 5.9% in the area during that time. The predominant age group in Lawnton is 20-29 years. Households in Lawnton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lawnton work in a trades occupation. In 2011, 62.7% of the homes in Lawnton were owner-occupied compared with 59.7% in 2016.

Lawnton has 3,614 properties. Over the last 5 years, Houses in Lawnton have seen a 83.53% increase in median value, while Units have seen a 88.25% increase. As at 30 November 2024:

  • The median value for Houses in Lawnton is $779,370 while the median value for Units is $522,816.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 27 properties listed for sale, and 14 properties listed for rent in Lawnton on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Lawnton.

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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.