OFF MARKET

35 Penny Street
Millbank QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 911m2
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Last updated 11 Nov 2024
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Property Details for 35 Penny St, Millbank

35 Penny St, Millbank is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 911m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1950
Floor Size
121m2
Land Size
911m2
Local Government
Bundaberg Regional
Lot/Plan
160/RP13416

Last Listing description (May 2023)

Welcome to 35 Penny Street! This home is located in the sought after suburb of Millbank. Located only minutes to every necessity in life, you couldn't pick a better location. Millbank is walking distance to shops, schools and very close to the Bundaberg Health Precinct.

This home is spacious with 3 sizeable bedrooms all including built-ins and ceiling fans. The kitchen has ample cupboard and bench space with room to dine making for a great family area, with a separate living/lounge room including a split system air-conditioner, separate laundry and a front porch to enjoy the afternoon breeze this home really covers all bases.

35 Penny Street has been refreshed throughout and would make a very easy investment with no work to be done. Recent upgrades include a new roof, guttering and downpipes, new fencing to keep the property secure and all the necessary electrical upgrades currently required for a rental property.

The property is fully fenced with a large yard and being a decent sized corner block, you have access from the front and the side. The house is half rendered and half weatherboard providing character and charm, this home looks nice inside and out.

This investment is currently rented out for $450 a week by local health providers, the lease is in place until October 2023 with very happy tenants. If your looking for your next investment property this would make an excellent addition to your portfolio.

AT A GLANCE:

FLOOD FREE
3 Bedrooms
1 Bathroom
Separate Dining and Lounge Room
Built ins and Ceiling Fans
Split system Air-Conditioning
Fully Fenced
Upgraded Smoke Alarms
$450 rental return a week until Oct 2023

If you would like to view this property please contact JESSIE FULLER on 0430 195 115 to arrange an inspection.

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor, or contracted illustrator takes any responsibility for any omission, wrongful inclusion, mis-description, or typographical error in this marking material. Accordingly, all interested parties should make their own enquiries to verify the information provided. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified*

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Property History for 35 Penny St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$375,000
31 Mar 2023
Listed for Rent
$420/w
21 Oct 2022
  • 31 Mar 2023
    Sold for $375,000
  • 20 Mar 2023
    Listed for Sale O/A $375,000
  • 16 Sep 2022
    Listed for Rent $419 / 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 1,209 properties. Over the last 5 years, Houses in Millbank have seen a 118.49% increase in median value, while Units have seen a 80.01% increase. As at 31 October 2024:

  • The median value for Houses in Millbank is $509,231 while the median value for Units is $368,389.
  • Houses have a median rent of $500 while Units have a median rent of $355.
There are currently 3 properties listed for sale, and no properties listed for rent in Millbank on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Millbank.

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