OFF MARKET

8 Waheed Street
Marsden QLD 4132

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 151m2
Land area: 372m2
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Property Details for 8 Waheed St, Marsden

8 Waheed St, Marsden is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 372m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2016
Floor Size
151m2
Land Size
372m2
Local Government
Logan City
Lot/Plan
14/SP262751

Last Listing description (November 2021)

Double the room, double the rent. 8 Waheed Street, situated in the heart of Marsden, is a tidy dual key that is only a few years old. With income secured in both units now is the time to invest! Located only 150m to parks, 350m from bus stops and 500m to Burrowes State School - 8 Waheed Street is an excellent investment opportunity.

Unit 1 Features:
- 3 Bedrooms all with built in wardrobes

- 2 stylish bathrooms including an en-suite for the master bed
- Ceiling fans and blinds throughout
- Modern kitchen with modern appliances and ample storage
- Split system air conditioner to the living space & main bedroom
- Single lock up remote garage
- Covered patio area
- Security screens
- Fully fenced low maintenance yard separate from unit 2
- Rented for $320/week until December 2021 **APPRAISAL NOW $350PW**

Unit 2 features:
- 2 Bedrooms, both with built in wardrobes
- Modern kitchen with branded appliances
- 2 x air cons total
- Modern bathroom with two way access off main bedroom
- Single lock up remote garage
- Security screens
- Fully fenced low maintenance yard separate from unit 1
- Rented until May 2022 at $290 per week. **APPRAISAL NOW $310PW**

This 3,2,1 and 2,1,1 dual key provides a total weekly rental income of $610. Double the income, both properties are individually metered for both water and electricity and are maintained on the same title so only ONE SET OF RATES! While most appealing to an investor, large or generational families will love the split living layout and peace and quiet achieved in a duplex.

Location Highlights:
-150m to local parks
- 350m walk to Bus stop
- 550m to Burrowes State School
- 650m to Macarthy Fair Shopping Centre
- 800m to the Buddhist Temple
- 3min drive to Marsden State High School *2020 State School of the Year*
- 4min drive to Marsden on Fifth shopping centre
- 5min drive to Marsden Park shopping centre
- 9min drive to Kingston train station
- 30min drive to Brisbane city
- 45min drive to Gold Coast

For more information on the property or to arrange an inspection please call Marsden's #1 Agent Rebecca Cuderman on 0435 172 383 today!

Property History for 8 Waheed St, Marsden, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$595,000
21 Sep 2021
Listed for Rent
$340/w
18 Jun 2018
  • 21 Sep 2021
    Sold for $595,000
  • 13 Sep 2021
    Listed for Sale Under Offer by Rebecca
  • 05 Aug 2020
    Listed for Rent $290 / week
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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 5,301 properties. Over the last 5 years, Houses in Marsden have seen a 96.98% increase in median value, while Units have seen a 102.12% increase. As at 31 August 2024:

  • The median value for Houses in Marsden is $705,329 while the median value for Units is $582,225.
  • Houses have a median rent of $540 while Units have a median rent of $480.
There are currently 45 properties listed for sale, and 17 properties listed for rent in Marsden on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Marsden.

Suburb Insights for Marsden 4132

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.