OFF MARKET

2/3-7 Ming Street
Marsden QLD 4132

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 109m2
Land area: 138m2
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Last updated 14 Oct 2024
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Property Details for 2/3-7 Ming St, Marsden

2/3-7 Ming St, Marsden is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2011. The property has a land size of 138m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2011
Floor Size
109m2
Land Size
138m2
Local Government
Logan City
Lot/Plan
2/SP214105

Last Listing description (September 2023)

Take advantage of this excellent investment opportunity with an already tenanted property generating a steady income! Currently occupied by reliable tenants, this feature-packed low-set property is an attractive choice for investors looking for immediate returns.

Boasting 3 generously sized bedrooms, an open-plan living, kitchen, and dining area, this property is currently generating $390 per week in rental income until January 2024, allowing you to step into an immediate cash flow stream. This investment property is well-maintained and hassle-free, ensuring a seamless transition for any investor.

Key features include:

3 bedrooms with built-in robes
Master bedroom with an en-suite and air conditioning
Air-conditioned open-plan living/dining area
Open kitchen with a dishwasher and breakfast bar
Main bathroom with a separate shower and bath
Single lock-up garage for convenient parking
Private, leafy courtyard offering tranquillity
Tidy and well-maintained complex with only one direct neighbour
Body Corp approx $900 a quarter

Location:
Short walk to Burrowes State School
5 min drive to Marsden State School and Crestmead State School
5 min drive to Marsden State High School
5 min drive Woolworths / Marsden on Fifth Shopping Centre
8 min drive to the Marsden Park Shopping Centre
10 min drive to Loganlea Train Station & Logan Hospital

Don't miss out on this opportunity! Reach out to Corrine now

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Beenleigh by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

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Property History for 2/3-7 Ming St, Marsden, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$400,000
01 Aug 2023
Listed for Rent
$350/w
20 Sep 2014
  • 01 Aug 2023
    Sold for $400,000
  • 21 Jun 2022
    Sold for $330,000
  • 22 Apr 2022
    Listed for Sale Contact Agent!
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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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