30/55-57 Mccormack StreetManunda QLD 4870
Property Details for 30/55-57 Mccormack St, Manunda
30/55-57 Mccormack St, Manunda is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 83m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (August 2020)
If you are looking for a fantastic SET AND FORGET investment, you will be hard pressed to find a better one that this. This apartment is large inside compared to many other two bedroom apartments. It is 83 square metres in size.
Palm Tree Apartments is a well presented complex. Although it is a large complex, this is great place to live or to add to the investment portfolio. There have been very few sales in this complex over the past few years, speaking volumes about the great investment returns these units provide.
The unit itself is located on the middle floor of the complex and includes an undercover, designated parking space. Internally, the unit is one of the largest two bedroom units you will see. The kitchen has ample bench and cupboard space. The living area is open plan and includes an air conditioner and ceiling fan and the large glass sliding doors leading to the private balcony open the property up even further.
kitchen, new tap ware and curtains throughout making the unit present incredibly well.
The bedrooms are carpeted for comfort and one has a new split system air conditioner while the other one has a box air conditioner. They are both large with built in wardrobes and ceiling fans. Being on the end of the block they also have an extra window making the apartment even brighter.
There is an internal laundry and bathroom with great storage space.
If you are looking for an affordable property to purchase with undeniably lucrative returns, this two bedroom unit could be just what you have been looking for.
Further information:-
- Body Corporate Fees approx $2,600 pa
- Council Rates approx $2,400 pa
- Currently tenanted at $250 per week on a periodical lease - NOTE that this could be increased as the vacancy rate is low and rents are increasing.
Please dont hesitate, contact us now for further information and to arrange a suitable time to see the property for yourself.
Property History for 30/55-57 Mccormack St, Manunda, QLD 4870
- 31 Aug 2020Listed for Sale Offers around $130,000
- 23 Jul 2020Sold for $124,000
- 26 Aug 2015Listed for Rent - Price not available
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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 3,110 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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