9 Dorsey StreetMilton QLD 4064
Property Details for 9 Dorsey St, Milton
9 Dorsey St, Milton is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 2000. The property has a land size of 174m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (April 2021)
Are you looking to start or add to your investment portfolio? Then look no further!
Option to buy one or both of the properties!
Whist un-renovated, these properties have demonstrated great rental yield as-is, plus there is great potential to enhance the rental yield by future renovation works.
This golden cash-flow opportunity consists of two free-hold townhomes, each featuring 4 bedrooms, 2bathrooms, and 2 car spaces. The properties also enjoy direct street frontage.
Both of the two properties have the same three-level layout and adjoining each other:
The ground level has off-street parking spaces and the spacious fourth bedroom which connects to the large living/rumpus room and the courtyard; It can also easily be converted into two bedrooms.
The 2nd floor comes with a sizeable kitchen, an open plan living and dining area which connects to the balcony and the 2nd bedroom with lockable two-way access to the bathroom. The 2nd balcony is accessible by the bedroom and the living area.
On the 3rd floor, the remaining two bedrooms share the two-way bathroom as well as the balcony.
Some of the highlights are:
1. Estimated rental yield over 5% gross per annum.
2. Hot-spot position, proven capital growth history.
3. Great uplift potential on rental returns with renovation works.
4. Medium-density zoning with potential future development subject to council approval.
Location is the key here.
+ 350m walking to Park Rd, one of the most vibrant commercial & business precincts.
+ 550m walking to Milton Station
+ 600m walking to Milton Ferry Terminal
+ Within 3km* to the Brisbane CBD
and more...
Contact Tony XU today to request any further information or arrange a private inspection!
*Please note all information is gathered either directly or indirectly from the sources we deem reliable. However, buyers should rely solely on their own investigations and judgment when making a purchase decision.
*Please note photos are indicative only and may not be an exact reflection of the property conditions.
Property History for 9 Dorsey St, Milton, QLD 4064
- 13 Feb 2021Sold for $622,000
- 01 Jun 2020Listed for Sale Offers over $1.3mil or $650k+ each
- 11 Nov 2015Listed for Rent - Price not available
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0About Milton 4064
The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2011 was 1,987 people. By 2016 the population was 2,289 showing a population growth of 15.2% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation. In 2011, 34.9% of the homes in Milton were owner-occupied compared with 36.3% in 2016.
Milton has 2,819 properties. Over the last 5 years, Houses in Milton have seen a 31.21% increase in median value, while Units have seen a 28.69% increase. As at 31 October 2024:
- The median value for Houses in Milton is $1,518,192 while the median value for Units is $630,120.
- Houses have a median rent of $665 while Units have a median rent of $620.
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