11/85-89 Birch StreetManunda QLD 4870
Property Details for 11/85-89 Birch St, Manunda
11/85-89 Birch St, Manunda is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Manunda in the last 12 months.
Last Listing description (May 2024)
7% net return! Yes you read that right. This sensational studio is not just built solid, but it could well be the most solid buy that you'll find in your lifetime.
Currently used as an incredibly profitable and highly rated Airbnb, there is the option to continue on with this and take advantage of the existing listing and positive reviews, alternatively this tidy little property could be offered as vacant possession, in fully furnished, turn key condition. Perfect for the discerning buyer looking to lease long term, move in themselves or utilise as an affordable holiday retreat.
The Facts
- Ground floor location for easy access
- Paved garden courtyard with private aspect
- Complete solid block construction
- Separate toilet
- Immaculate interior
- Fully furnished
- Covered, designated parking
- 5 minutes drive to CBD
- 230 metres from Raintrees Shopping Centre
The Figures
Rental appraisal - $300 plus per week
Bargain body corp fees of just $1,784 p/y
Council rates of $2,800 approx p/y
With a refreshingly simple internal design, 11/85 Birch Street has been impeccably maintained and makes for the ultimate blank canvas to make your own or an incredibly profitable addition to a growing investment portfolio.
Vacant and ready for immediate inspection, for all enquiries, contact Tim Lyon on 0400 355 706.
All information contained herein is gathered from sources we believe to be reliable. This office and its Agents provide no guarantees or undertakings concerning the accuracy, completeness or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify information contained herein.
Property History for 11/85-89 Birch St, Manunda, QLD 4870
- 12 Jun 2024Listed for Rent $350 / week
- 20 May 2024Sold for $162,000
- 17 May 2024Listed for Sale SOLD BY TIM LYON
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0About Manunda 4870
The size of Manunda is approximately 4.2 square kilometres. It has 12 parks covering nearly 16.2% of total area. The population of Manunda in 2011 was 4,963 people. By 2016 the population was 5,400 showing a population growth of 8.8% in the area during that time. The predominant age group in Manunda is 20-29 years. Households in Manunda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manunda work in a community and personal service occupation. In 2011, 39.3% of the homes in Manunda were owner-occupied compared with 38.3% in 2016.
Manunda has 3,109 properties. Over the last 5 years, Houses in Manunda have seen a 53.69% increase in median value, while Units have seen a 88.35% increase. As at 31 October 2024:
- The median value for Houses in Manunda is $540,250 while the median value for Units is $285,137.
- Houses have a median rent of $470 while Units have a median rent of $380.
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