119 Churchill StreetMaryborough QLD 4650
Property Details for 119 Churchill St, Maryborough
119 Churchill St, Maryborough is a 14 bedroom, 7 bathroom Unit with 2 parking spaces and was built in 1920. The property has a land size of 1720m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (June 2024)
RENOVATED BLOCK OF SEVEN SELF CONTAINED UNITS UNDER LEASE RETURNING $139,880.00 PA OFFERING THE ASTUTE INVESTOR THE OPPORTUNITY OF SOLID CAPITAL GROWTH AND RENTAL RETURN INCREASES DUE TO HUGE RENTAL DEMAND. Partly furnished and comprising 5 x 2 bedroom, 1 x 3 bedroom and 1 x 1 bedroom (sun room potential second bedroom) units in excellent order with renovated bathrooms, kitchens and decor which attracts tenancy supply courtesy of condition and rental demand. On two Lots the land size is 1720 sqm which offers the opportunity of further development subject to council approval.
BUYERS REQUIRING A RETURN OF 10% WITH A NET RETURN OF OVER $100,000.00 PA SHOULD ENQUIRE. IT SHOULD BE NOTED THAT THE AVAILABILITY OF RENTAL PROPERTY IN MARYBOROUGH IS 1% AND THE CAPITAL GROWTH OF RESIDENTIAL PROPERTY HAS BEEN 59%
OVER THE LAST THREE YEARS.
Enquiries to Andrew Sim 0426 582 818 or andrew.sim@raywhite.com Information Memorandum Available On Request.
Property History for 119 Churchill St, Maryborough, QLD 4650
- 03 Oct 2023Listed for Sale Offers Over $1,400,000 Invited
- 08 Sep 2021Sold for $600,000
- 03 Mar 2018Listed for Sale Expressions of Interest
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0About 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 8,396 properties. Over the last 5 years, Houses in Maryborough have seen a 113.32% increase in median value, while Units have seen a 46.40% increase. As at 31 October 2024:
- The median value for Houses in Maryborough is $428,837 while the median value for Units is $300,397.
- Houses have a median rent of $468 while Units have a median rent of $330.
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