5/262A Lennox StreetMaryborough QLD 4650
Property Details for 5/262a Lennox St, Maryborough
5/262a Lennox St, Maryborough is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 96m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Maryborough in the last 12 months.
Last Listing description (February 2024)
The opportunity currently exists to secure either one (1) or all five (5) of the units within the complex.
The unit block is a high-set structure with parking and storage underneath with the living area on the upper level.
Great internal layout with each individual unit comprising two good sized bedrooms plus open plan living combining lounge, dining & kitchen with other features including;
* Air-conditioning to some units.
* Large bedrooms and living space.
* Functional bathroom & kitchen areas.
* Lock up car accommodation downstairs.
* Private courtyard to some of the units.
The property enjoys a superior location on the fringe of the Maryborough CBD and all services and amenities are within easy walking distance.
Premium investment opportunity with the gross return on individual units ranging between 6.2% and 7.5%.
Units for sale individually for $209,000.
Also for sale in one line including all five units for $950,000 showing a gross return of approximately 7.5%.
GREAT OPPORTUNITY FOR EITHER INVESTORS OR OWNER-OCCUPIERS.
Property History for 5/262a Lennox St, Maryborough, QLD 4650
- 10 Nov 2023Listed for Sale $209,000 Individually
- 09 Nov 2023Sold for $50,000
- 06 Sep 2015Listed for Sale $150,000
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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 8,385 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.
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