1/770 Browns Plains RoadMarsden QLD 4132
Property Details for 1/770 Browns Plains Rd, Marsden
1/770 Browns Plains Rd, Marsden is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 113m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Marsden in the last 12 months.
Last Listing description (August 2024)
Investor's Dream: Affordable Two-Bedroom Renovator Unit!
Attention Investors! This two-bedroom unit presents an exceptional opportunity to maximize your returns.
Situated in a high-demand rental area within a complex of six villas, this property is primed for value-adding renovations.
Key Features:
* Built 1984: Solid construction with potential for modern upgrades
* Two Bedrooms with Built-In Wardrobes: Attractive to potential tenants
* Functional Kitchen: Ready for a modern update to increase rental appeal
* Open Plan Living/Dining Area: A versatile space with great potential
* Combined Bathroom and Laundry: Efficient use of space, perfect for remodeling
* Separate Toilet: Added convenience for tenants
* Private Large Courtyard: A great feature for tenant enjoyment and use
* Single Carport Covered Parking Space
Investment Highlights:
* High Rental Demand: Located in a sought-after area for renters
* Currently Leased: Long-term (2013) tenant paying $370 per week until 2 May 2025
* Current Council Rates Inc Water: $896.41 per quarter
* Body Corporate Fees: Approximately $45.38 per week
* Value-Adding Potential: Renovate the kitchen, bathroom, and interiors to increase rental income and
property value (Market rent renovated $470p/w)
Steady Income Stream until you're ready to complete renovation
Capital Gains: The right upgrades can lead to substantial appreciation in value
Location Benefits:
* Bus stop right outside the property
* 1-minute drive to Marsden State School
* 800m walk to Marsden State High School
* 650m walk to Marsden Park shopping center
* 7-minute drive to Kingston or Loganlea train station
* 29-minute drive to Brisbane city
* 45-minute drive to Gold Coast
This unit is perfect for investors looking to add value and maximize returns. With the right renovations, this property can become a high-yield rental and a valuable addition to your portfolio.
Don't miss this unique opportunity to enhance your investment strategy! Contact Dan, Your Real Estate Man, today on 0412 856 905 to arrange a viewing and discuss the potential returns!
DISCLAIMER
Sold & Leased Realty Pty Ltd T/A Professionals City to Surf, in preparing this information used our best endeavor's to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information contained in this advertisement by Professionals City to Surf has provided that as a convenience to clients.
Property History for 1/770 Browns Plains Rd, Marsden, QLD 4132
- 14 Jul 2024Sold for $320,000
- 09 Jul 2024Listed for Sale SOLD by #DanYourRealEstateMan
- 21 Mar 2017Sold for $175,500
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0About Marsden 4132
The size of Marsden is approximately 6.1 square kilometres. It has 18 parks covering nearly 11.2% of total area. The population of Marsden in 2011 was 11,279 people. By 2016 the population was 14,070 showing a population growth of 24.7% in the area during that time. The predominant age group in Marsden is 0-9 years. Households in Marsden are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marsden work in a machinery operators and drivers occupation. In 2011, 53.6% of the homes in Marsden were owner-occupied compared with 44.7% in 2016.
Marsden has 5,272 properties. Over the last 5 years, Houses in Marsden have seen a 97.43% increase in median value, while Units have seen a 107.07% increase. As at 31 October 2024:
- The median value for Houses in Marsden is $714,104 while the median value for Units is $571,677.
- Houses have a median rent of $550 while Units have a median rent of $480.
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