SOLD
Sold on 01 Nov 2023 for $430,000

2A Peirson Street
Millbank QLD 4670

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 498m2
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Property Details for 2a Peirson St, Millbank

2a Peirson St, Millbank is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 498m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Millbank in the last 12 months.

Building Type
House
Year Built
1976
Floor Size
144m2
Land Size
498m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP155581

Last Listing description (December 2023)

Nestled in the suburb of Millbank, this brick home is your opportunity to secure a fantastic property in a sought-after location.
Situated on a corner block, this home offers both convenience and privacy.
All amenities, including schools, shopping, hospitals, and the CBD, are all within a 10-minute drive.

The spacious air-conditioned lounge room and open-plan dining and kitchen areas are designed for comfortable living. The kitchen is equipped with a gas stove top and ample storage space.

With three large bedrooms with built-in wardrobes, ensuring ample storage space for all your belongings. The main bedroom is air-conditioned for your comfort.
The fourth bedroom may be cosy, however still accommodates a single bed, desk, and TV unit with ease, it's perfect as a child's/Baby's room, guest room, or home office,
The main bathroom includes a shower, bath, and toilet, ensuring convenience for the whole family. An additional shower and toilet are located in the laundry area.

Despite its manageable 498m2 size, this property boasts a beautiful saltwater pool with enough room to create an outdoor seating area or revamp into what once was a BBQ area, a garden shed, plus a separate yard on the other side.

The property also includes 5.5kva solar, a double carport and side gate access, providing plenty of space and even room for a boat or caravan.

Currently tenanted and generating rental income of $450 per week, with a lease in place until 15th January 2024.
However, with the current market appraisal suggesting a rental potential of $500-$530 per week, this property is not only a comfortable family home but also an excellent investment opportunity.

Property Highlights:
- Conveniently located with all amenities within 10 minutes' drive
- Flood-free zone, offering peace of mind
- Generous 498m2 block with room for a saltwater pool
- Two grassed areas and a garden shed for outdoor enthusiasts
- Three large bedrooms with built-in wardrobes
- Air conditioning in the main bedroom for your comfort
- A cozy 4th bedroom, perfect for guests or a home office
- Fans in all bedrooms to keep you cool
- Spacious and air-conditioned lounge room for relaxation
- Open-plan dining and kitchen with a gas stove top
- Ample storage space to keep your kitchen organized
- Main bathroom with shower, bath, and toilet
- Additional second toilet and shower located in the laundry
- Enjoy the good-sized saltwater pool on hot summer days that has recently be re-lined
- 5.5kva Solar
- Double carport and side gate access at both ends for convenience

For more information or to arrange a viewing, please contact Tayla Bird on 0402 460 732.

**Every effort has been made to verify the correct details of this marketing. Neither the agent, vendor, nor illustrator is responsible for any omission, wrongful inclusion, misdescription, or typing error in this marketing material. All interested parties should enquire to verify the information and satisfy any concerns. Fixtures shown may not be included in the sale & questions must be directed to the agent. Any information intended to be relied on should be independently verified and necessary due diligence conducted. **

Property History for 2a Peirson St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$430,000
01 Nov 2023
Listed for Rent
15 Jul 2021
  • 01 Nov 2023
    Sold for $430,000
  • 08 Sep 2023
    Listed for Sale Not Disclosed
  • 22 Jun 2021
    Listed for Rent $380 / week
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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 1,205 properties. Over the last 5 years, Houses in Millbank have seen a 112.81% increase in median value, while Units have seen a 86.80% increase. As at 30 September 2024:

  • The median value for Houses in Millbank is $498,287 while the median value for Units is $377,426.
  • Houses have a median rent of $500 while Units have a median rent of $375.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Millbank on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Millbank.

Suburb Insights for Millbank 4670

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Contact agent
Michael Dempsey
Show contact details
Tayla Bird
Show contact details
Michaels Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.