OFF MARKET

43/66 University Drive
Meadowbrook QLD 4131

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 94m2
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Last updated 18 Nov 2024
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Property Details for 43/66 University Dr, Meadowbrook

43/66 University Dr, Meadowbrook is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 94m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2001
Floor Size
94m2
Land Size
94m2
Local Government
Logan City
Lot/Plan
43/SP133946

Last Listing description (March 2022)

MUST BE SOLD!! It's investment unit. Location is super good, it's just in front of the Griffith University Logan campus.

Set and Forget high cash flow investment next to the University, always easy to be rented out, excellent facilities and on-site management. Our owner is retiring and re-arranging affairs.

Location is super good. The complex is only 5 mins walk from the Griffith University Logan Campus. The Logan Southside TAFE is only a short walk away, as is the Logan Hospital, Local Shopping Centre and Loganlea Railway Station. There is also a bus stop right out the front. The complex is ideally situated between Brisbane City and the Gold Coast.

The current owner owned for many years because of consistent high returns. Seller will negotiate ATTRACTIVE price for a quick sale for this unit. Great chance for you, the owner is going to retire, so will consider all serious offer. You are free to book the inspection, submit your offer. This apartment has (4) four fully furnished bedrooms, all with ensuites and built-in wardrobes, and a study area in each room. The unit offers affordable, secure, fully self-contained, resort style accommodation tailored for student and single living.

The common shared area has a furnished lounge/dining room, kitchen, laundry and a private outdoor courtyard. Each apartment is equipped with a washing machine, clothes dryer, fridge, vacuum cleaner and microwave.

The complex has resort style facilities including a 25 meter Swimming Pool, BBQs Sauna, Tennis/Basketball court and a large Pavilion with table tennis, pool table, gym equipment and entertaining areas set up with table and chairs, or lounges and a TV.

Each of these (4) four rooms rents for $195 per week; inclusive of internet, electricity, water, phone line connection and cleaning.

Call today, you won't be disappointed. You can do inspection around 10:00am 3:00 pm every weekday or book the appointment after working hours.

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Property History for 43/66 University Dr, Meadowbrook, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$150,000
21 Feb 2022
Listed for Rent
$195/w
20 Dec 2020
  • 21 Feb 2022
    Sold for $150,000
  • 28 Nov 2018
    Listed for Sale 155000
  • 28 Jul 2017
    Listed for Rent $185 / week
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About Meadowbrook 4131

The size of Meadowbrook is approximately 5.7 square kilometres. It has 10 parks covering nearly 30.9% of total area. The population of Meadowbrook in 2011 was 3,138 people. By 2016 the population was 3,115 showing a population decline of 0.7% in the area during that time. The predominant age group in Meadowbrook is 20-29 years. Households in Meadowbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Meadowbrook work in a clerical occupation. In 2011, 56.4% of the homes in Meadowbrook were owner-occupied compared with 58.4% in 2016.

Meadowbrook has 1,457 properties. Over the last 5 years, Houses in Meadowbrook have seen a 78.21% increase in median value, while Units have seen a 100.63% increase. As at 31 October 2024:

  • The median value for Houses in Meadowbrook is $783,346 while the median value for Units is $532,957.
  • Houses have a median rent of $625 while Units have a median rent of $220.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Meadowbrook on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Meadowbrook.

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