OFF MARKET

1/104 North Street
Maryborough QLD 4650

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 62m2
Land area: 160m2
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Property Details for 1/104 North St, Maryborough

1/104 North St, Maryborough is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 160m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1970
Floor Size
62m2
Land Size
160m2
Local Government
Fraser Coast Regional
Lot/Plan
1/SP226978

Last Listing description (October 2023)

These attractive income earning units would have to be one of the best investments in Australia, with potential to be sold individually.

Long term tenants, two tenants have been in residence a combined 40 years, the third has been here for approx 7 years and the 4th unit is vacant, appraised at $270 approx per week.

All units are approx 62 metres in floor area, plus a carport and a private area.

In Unit 1 and Unit 4, a new kitchen will be installed.

Two new wash troughs and a new bath will be installed in unit 4.

Split system air conditioners in all units, two units have updated kitchens.

Income potential of approx $56,000 per annum, currently approx $50,000.

Each unit has it's own strata title, there are only 4 units on the block.

With some minor improvements, these units sold individually would command a much higher sales figure.

This investment represents an excellent return and above average capital gain possibility due to the strata title.

Contact the Agent Paul Scott on 0438 181 607, or email pauls@tasbps.com.au or phone Praveen Pant 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE Property AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate

Property Code: 761

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Property History for 1/104 North St, Maryborough, QLD 4650

A timeline of how this property has performed in the market
Last Sold
$158,125
02 Aug 2023
  • 02 Aug 2023
    Sold for $158,125
  • 01 Mar 2023
    Listed for Sale RECENT SALES
  • 27 Mar 2010
    Listed for Sale 157500
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About Maryborough 4650

The size of Maryborough is approximately 26.5 square kilometres. It has 45 parks covering nearly 7.5% of total area. The population of Maryborough in 2011 was 15,860 people. By 2016 the population was 15,400 showing a population decline of 2.9% in the area during that time. The predominant age group in Maryborough is 60-69 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a community and personal service occupation. In 2011, 61.3% of the homes in Maryborough were owner-occupied compared with 59.7% in 2016.

Maryborough has 8,385 properties. Over the last 5 years, Houses in Maryborough have seen a 96.57% increase in median value, while Units have seen a 54.31% increase. As at 31 July 2024:

  • The median value for Houses in Maryborough is $393,241 while the median value for Units is $291,313.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 155 properties listed for sale, and 31 properties listed for rent in Maryborough on OnTheHouse. According to CoreLogic's data, 417 properties were sold in the past 12 months in Maryborough.

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