SOLD
Sold on 17 Jul 2024 for $635,000

12 Lewell Street
Millbank QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 86m2
Land area: 1085m2
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Property Details for 12 Lewell St, Millbank

12 Lewell St, Millbank is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 1085m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom Unit sold in Millbank in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
1085m2
Local Government
Bundaberg Regional
Lot/Plan
11/RP74138

Last Listing description (August 2018)

Earn income that you can leverage from this brick duplex to build another duplex on the site.
Extract from report prepared by Town Planner Saunders Havill Group (report available for serious buyers) Given the density and height requirements outlined within the Low Density Residential Zone Code, an initial assessment has revealed that two (2) additional 2 bedroom dwelling units may be achieved over the site, subject to further design analysis. We believe further intensifying the residential nature of the existing use will not impact the existing streetscape and will provide additional housing stock within proximity of a range of uses.
Also adding in a double bay shed and a solar system on a 1,085m2 never flooded before block all the boxes are ticked for this investment opportunity.

Both units have 2 bedrooms, open living areas, air conditioned 2nd living areas, good size laundries, separated bathrooms and toilets, ceiling fans and air conditioning, built in robes, security screens and covered entertaining area.
Unit 1 has air conditioning in both bedrooms, ceiling fans in one bedroom plus living area, 2 way bathroom off bedroom 2, built in robes in both bedrooms plus built in linen cupboard and a huge 5kw solar system to keep the power bills under control.
Unit 2 also has air conditioning in both bedrooms, ceiling fans in one bedroom plus living area, built in robes in both bedrooms plus built in linen cupboard and air conditioning in the living area.
At the rear of the property is a powered 6m x 7m double bay shed with power supplied from Unit 1.
This is certainly one opportunity not to miss and we would highly suggest for you to organize your personal inspection before it is too late !

At a Glance Each Unit:
Bedrooms:2
Living Area:1
Bathrooms:1
Toilets:1
Car Accommodation:1
Total Land Size:1,085m2
Age: 45 years old (approx)
Rates: $1,900 per half year (approx)
Rental Appraisal: UNIT 1 - $250.00 - $270.00 per week (approx) includes exclusive shed use
UNIT 2 - $220.00 - $240.00 per week (approx)
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.
Close to Schools,Close to Shops,Close to Transport,Garden

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Property History for 12 Lewell St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$635,000
17 Jul 2024
  • 17 Jul 2024
    Sold for $635,000
  • 26 May 2021
    Sold for $380,000
  • 10 Jul 2018
    Sold for $300,000
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About Millbank 4670

The size of Millbank is approximately 3.4 square kilometres. It has 4 parks covering nearly 7.8% of total area. The population of Millbank in 2011 was 2,601 people. By 2016 the population was 2,516 showing a population decline of 3.3% in the area during that time. The predominant age group in Millbank is 60-69 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation. In 2011, 60.4% of the homes in Millbank were owner-occupied compared with 55.7% in 2016.

Millbank has 1,215 properties. Over the last 5 years, Houses in Millbank have seen a 121.45% increase in median value, while Units have seen a 76.19% increase. As at 30 November 2024:

  • The median value for Houses in Millbank is $516,956 while the median value for Units is $380,592.
  • Houses have a median rent of $520 while Units have a median rent of $335.
There are currently 4 properties listed for sale, and 1 property listed for rent in Millbank on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Millbank.

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