1/4 Kevin St, Malanda is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 79m2.
Nest or invest in this rare find in lovely Malanda. The property is in a excellent location tucked away yet a stone throw to Malanda Primary school and all the amenities of town. The home has its own strata title and that have been well maintained by current owners and have long term tenants in place. The listing is for the older home however the opportunity is there is purchase both homes and live in one and receive a healthy income out of the other.This property is the older of the the 2 homes this older style 2 bedroom home oozes with charm and character with a modern kitchen, open plan living areas. There is a well appointed wood fire is located in the open plan living area to keep the place warm in winter whilst the front and side patios serve as a wonderful entertaining area and protection creating beautiful summer breezes throughout the house. The home has an older generous size bathroom that also houses the laundry. This home is priced to sell for $169,000.00. Purchase the other home as a package for $360,000.00 and both properties are currently rented for a 12% return.To inspect this value packed property ring Jeanne Cockrem Marketing Agent on 0499604243 to organize a inspection.Property Code: 72
The size of Malanda is approximately 44.8 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Malanda in 2011 was 2,052 people. By 2016 the population was 1,996 showing a population decline of 2.7% in the area during that time. The predominant age group in Malanda is 60-69 years. Households in Malanda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Malanda work in a professional occupation. In 2011, 66.5% of the homes in Malanda were owner-occupied compared with 70.2% in 2016.
Malanda has 1,124 properties. Over the last 5 years, Houses in Malanda have seen a 65.56% increase in median value, while Units have seen a 73.94% increase. As at 31 October 2024:
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