OFF MARKET

4/2-5 Marella Close
Manoora QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 89m2
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Last updated 30 Sep 2024
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Property Details for 4/2-5 Marella Cl, Manoora

4/2-5 Marella Cl, Manoora is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 89m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1996
Floor Size
76m2
Land Size
89m2
Local Government
Cairns Regional
Lot/Plan
4/BUP105070

Last Listing description (October 2022)

You are welcome to inspect unit 4 at 2-5 Marella Close, Manoora.Claudio proudly presents this gorgeous Villa style apartment located in 'Whitfield Village' complex in the popular Marella Close, just minutes away from Edge Hill, the fantastic Botanic Gardens and more..The aspect of this villa welcomes in cool breezes, plenty of natural light and offers an open plan living area with a private front and rear yards. This will make you feel more like in a house than in an apartment.This property will be great for people looking to downsize, first time buyers, retirees and investors seeking a low maintenance (but spacious) property.Features include:* Two bedrooms all with built-ins (Master bedroom with un-suit)* Two bathrooms both with bathtubs* Kitchen with plenty of cupboard space* Open plan living* Internal laundry* Fully airconditioned* Security Screens amp; ceiling fans* Two private courtyards* Lock up Carport* Massive resort style inground poolFor investors:Price: Offers over $235,000Current Rent: $280Rental Appraised: $330 - $350 per weekRates: $2,600 approximately per yearBody Corporate: $3,562.50 per yearPotential rental Yield: Approximately 5% (Estimate only)Potential annual rental income: $18,200 (Estimate only)Currently leased - A notice of 24 hours is needed to inspect the property.Call Claudio now to organise your private inspection* Rental Yield and Rental Income are approximate and based on the current market**Photos have been digitally cleaned and digital furniture applied to keep the tenant privacy

Property History for 4/2-5 Marella Cl, Manoora, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$225,000
22 Mar 2022
Listed for Rent
$270/w
16 Apr 2020
  • 22 Mar 2022
    Sold for $225,000
  • 21 Mar 2022
    Listed for Sale Offers over $235,000
  • 16 Apr 2020
    Listed for Rent $270 / week
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About Manoora 4870

The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2011 was 5,688 people. By 2016 the population was 6,032 showing a population growth of 6.0% in the area during that time. The predominant age group in Manoora is 0-9 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation. In 2011, 34.8% of the homes in Manoora were owner-occupied compared with 32% in 2016.

Manoora has 3,171 properties. Over the last 5 years, Houses in Manoora have seen a 59.74% increase in median value, while Units have seen a 97.62% increase. As at 31 August 2024:

  • The median value for Houses in Manoora is $502,411 while the median value for Units is $298,565.
  • Houses have a median rent of $465 while Units have a median rent of $400.
There are currently 32 properties listed for sale, and 23 properties listed for rent in Manoora on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Manoora.

Suburb Insights for Manoora 4870

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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.