OFF MARKET

21 Nicholls Road
Monkland QLD 4570

Bedrooms: 2
Bathrooms: 4
Car spaces: 2
Land area: 224m2
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Property Details for 21 Nicholls Rd, Monkland

21 Nicholls Rd, Monkland is a 2 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 224m2.

Building Type
House
Land Size
224m2
Local Government
Gympie Regional
Lot/Plan
1/SP262221

Last Listing description (September 2024)

*** Please note that we are offering the option of a LIVE video inspection of this property should you wish***

Beautifully designed and exceptionally well positioned, this Duplex is ready to be sold. A simple tenanted investment with amazing returns, utilise the existing NRAS approved and certification, or maybe you would want to move in to one and rent or put your parents in the other as a dual living/Live in investment– the options are here and it is ready to sell today!

Flood free and perfectly positioned in Monkland, you are quiet but close and on a large 900m2 allotment, there is nothing better.

Each unit includes:
- Strata titled
- Completely Flood Free
- Electric appliances including cooktop, oven & dishwasher
- Ceiling fans & air conditioning
- Spacious low-maintenance yard & alfresco patio area
- 1 car garage with remote door, laundry & storage
- Tiled throughout with 2 carpeted bedrooms with built-ins
- Sizable open plan lounge, dining & kitchen
- Study nook/foyer
- Built on a 900m2 allotment
- Zero Body Corporate fees

Investment options:
Current Arrangement –
- Part of the National Rental Affordability Scheme with benefits applied x 2
- Approximately 4 years remaining in the scheme
- Each unit is already tenanted for immediate return
- Rented for $219.20 each per week
- Boasting over 9% returns

Simple Tenancy -
- Rental value of up to $290 each per week
- Boasting over 7% returns

However you look at it, this property is all about great returns, great positioning and great potential. Call Dan for more information or to arrange an inspection today!

Property History for 21 Nicholls Rd, Monkland, QLD 4570

A timeline of how this property has performed in the market
  • 12 Apr 2018
    Listed for Sale $445,000

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About Monkland 4570

The size of Monkland is approximately 5.5 square kilometres. It has 4 parks covering nearly 11.8% of total area. The population of Monkland in 2011 was 1,161 people. By 2016 the population was 1,125 showing a population decline of 3.1% in the area during that time. The predominant age group in Monkland is 0-9 years. Households in Monkland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Monkland work in a labourer occupation. In 2011, 57.5% of the homes in Monkland were owner-occupied compared with 55.7% in 2016.

Monkland has 666 properties. Over the last 5 years, Houses in Monkland have seen a 104.19% increase in median value, while Units have seen a 48.56% increase. As at 31 October 2024:

  • The median value for Houses in Monkland is $530,171 while the median value for Units is $413,493.
  • Houses have a median rent of $480 while Units have a median rent of $242.
There are currently 13 properties listed for sale, and no properties listed for rent in Monkland on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Monkland.

Suburb Insights for Monkland 4570

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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.