SOLD
Sold on 07 Jun 2024 for $1,412,500

389 Beaudesert Road
Moorooka QLD 4105

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 192m2
Land area: 400m2
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Property Details for 389 Beaudesert Rd, Moorooka

389 Beaudesert Rd, Moorooka is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2017. The property has a land size of 400m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom House sold in Moorooka in the last 12 months.

Building Type
House
Year Built
2017
Floor Size
192m2
Land Size
400m2
Local Government
Brisbane
Lot/Plan
2/SP290062

Last Listing description (August 2024)

Hugo Alexander is pleased to offer this rare freestanding rooming house in the highly sought after suburb of Moorooka. Positive cash flow assets with 100% occupancy are typically tightly held assets. Moorooka is 9km south of the Brisbane City with easy access to quality retail, sporting grounds, employment centres and public transport.
Do not miss out on this highly prized high yield asset.
Despite being so close the CBD, this property is below the land tax threshold too.

All outgoings, compliance files, tax depreciation and a P&L are available for review.

This 2018 high set rooming home sits on a 400sqm lot and has two lock up garages for tenants. The property features a huge 16.2KW solar system is fully furnished and is leased for $2000 per week. Each room has its own spacious courtyard or balcony, kitchenette, bedroom and living room, ensuite and large wardrobe. All rooms are furnished stylishly to contribute to the highest rent achievable.

Zoning is low density residential.
Building area 212sqm net lettable area.
5 bed, 5 bath, 6 kitchen, 5 courtyard, 2 car parks
16.2KW solar, furnished
Brand new rooming house
Lot 2 on SP 290 062.
The property is fully insured, certified, marketed for lease now and a top shelf cash flow property.
Tax depreciation is the highest in the residential niche.

Don't miss out on this great investment opportunity. We are holding open homes for prospective buyers.

Contact Harry Imam 0403 180 092, harry@hugoalexander.com.au for further information

Property History for 389 Beaudesert Rd, Moorooka, QLD 4105

A timeline of how this property has performed in the market
Last Sold
$1,412,500
07 Jun 2024
Listed for Rent
$430/w
23 Jul 2024
  • 07 Jun 2024
    Sold for $1,412,500
  • 06 Mar 2024
    Listed for Sale Not Disclosed
  • 11 Apr 2022
    Listed for Rent $310 / week
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About Moorooka 4105

The size of Moorooka is approximately 4.1 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Moorooka in 2011 was 9,984 people. By 2016 the population was 10,365 showing a population growth of 3.8% in the area during that time. The predominant age group in Moorooka is 30-39 years. Households in Moorooka are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorooka work in a professional occupation. In 2011, 58.1% of the homes in Moorooka were owner-occupied compared with 56.3% in 2016.

Moorooka has 5,630 properties. Over the last 5 years, Houses in Moorooka have seen a 78.44% increase in median value, while Units have seen a 82.22% increase. As at 31 October 2024:

  • The median value for Houses in Moorooka is $1,130,592 while the median value for Units is $630,812.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 35 properties listed for sale, and 19 properties listed for rent in Moorooka on OnTheHouse. According to CoreLogic's data, 237 properties were sold in the past 12 months in Moorooka.

Suburb Insights for Moorooka 4105

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Contact agent
Harry Imam
Show contact details
Hugo Alexander Property Group
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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.