SOLD
Sold on 26 Mar 2024 for $470,000

103/37 Mulgrave Road
Marsden QLD 4132

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 146m2
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Property Details for 103/37 Mulgrave Rd, Marsden

103/37 Mulgrave Rd, Marsden is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 146m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Marsden in the last 12 months.

Building Type
Townhouse
Year Built
2012
Floor Size
122m2
Land Size
146m2
Local Government
Logan City
Lot/Plan
103/SP259288

Last Listing description (May 2024)

For all property investors or first-home buyers, this modern, high-set townhouse has a proven track record as a low-maintenance, positively geared investment and would make an excellent addition to your portfolio. Either way, move in and enjoy the low-maintenance lifestyle as a first homeowner or downsizer. This lovely townhouse is located in a well-established residential complex - The Approach that offers the residents a gym, a swimming pool and plenty of open grassed areas to enjoy daily life.

This townhouse is conveniently located near the pool and park inside the complex with plenty of street parking. The complex is a modern, private estate of 107 townhouses, built in 2013, well maintained and with on-site managers. It boasts comprehensive security, complete with video surveillance. The abundance of communal areas encompasses a large inground pool, parks and open green spaces. The new owners will appreciate the townhouse's minimal maintenance requirements and fantastic features:

- Vacant possession on settlement

- 3 large bedrooms with ceiling fans

- 3 bedrooms have built-ins. The master bedroom has a walk-in robe

- Balcony to the mater bedroom

- Split system air con to living/dining room

- 3 toilets, 1 downstairs

- 2 bathrooms

- Internal laundry

- Covered area out back

- Pool and gym in complex

- For investors a rental appraisal of $470 per week

- Storage under stairs

- Electric cooktop

- Dishwasher

- Parking for two cars. Remote control single garage and driveway

- Abundant visitor parking in the complex

- Onsite complex manager

- Open-plan dining and living room

- Rear courtyard with side access

- Body corporate $1100 per quarter. Includes building insurance

- 30 minutes to Brisbane CBD, 40 minutes to northern Gold Coast

- 350m walk to the bus stop

- Local schools within 5 minutes drive

- 3 to 5 minutes drive to local shops
- currently rented until June 2024 with weekly rent $480

Don't miss your chance to add this outstanding townhouse to your property portfolio or move in and enjoy the resort-style living. Please call the agent for more information.

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Property History for 103/37 Mulgrave Rd, Marsden, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$470,000
26 Mar 2024
  • 26 Mar 2024
    Sold for $470,000
  • 15 Jan 2024
    Listed for Sale Offers above $450k
  • 03 Jun 2014
    Sold for $333,000

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About 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 5,270 properties. Over the last 5 years, Houses in Marsden have seen a 97.53% increase in median value, while Units have seen a 110.08% increase. As at 30 September 2024:

  • The median value for Houses in Marsden is $710,579 while the median value for Units is $580,477.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 44 properties listed for sale, and 17 properties listed for rent in Marsden on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Marsden.

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