38 Olympia St, Marsden is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1015m2 and floor size of 322m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 6 bedroom House sold in Marsden in the last 12 months.
Discover the perfect investment with two homes on one title, offering endless potential and positive cash flow. Currently tenanted for a combined $890 per week providing immediate positive cash flow & the opportunity to further increase this yield. Latest rental appraisal combined is $1020 per week.
No Body Corporate: Enjoy the benefits of one set of rates with no additional fees & potential to further split the titles into two. Both Properties have their own separate electricity and water meters also.
Home 1 (38): A charming 3-bedroom, 1-bathroom highset home at the front offering air con, raked ceilings in the living room, modern kitchen and a spacious fully fenced backyard. Downstairs boasts a storage room, 2 car garage downstairs along with carport on the right hand side! 38 Olympia: Tenanted until August 2024 $470 PW.
Home 2 (38A): A beautifully renovated lowset 3-bedroom all with built ins, 1-bathroom home at the rear with its own carport and driveway access, large patio overlooking the expansive backyard and modern finishes throughout. The home offers ceiling fans, air con, modern tiles, fresh carpets to the bedrooms, large modern kitchen and euro style laundry within the bathroom. 38a Olympia: Tenanted until October 2024. $420 PW.
With build costs rising & subdivision applications chewing up time, secure this ready to go dual income property today. Situated in a high growth area, located just minutes from everything!
LOCATION HIGHLIGHTS:
800m walk to Brandon Park, Marsden
2km to Home & Co Shopping Centre, Marsden
2.2km drive to Marsden State School
3.5km drive to Marsden State High School
5.7km to Logan Motorway, Kingston
8.3km drive to Grand Plaza
32km to Brisbane CBD
Contact the Rebecca Cuderman Team today for more information and to arrange a viewing.
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.
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