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Sold on 08 Nov 2024 for $502,000

11 Watkins Street
Moranbah QLD 4744

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 833m2
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Property Details for 11 Watkins St, Moranbah

11 Watkins St, Moranbah is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 833m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Moranbah in the last 12 months.

Building Type
House
Land Size
833m2

Last Listing description (November 2024)

Hands down, the most lucrative investment in Moranbah – quite possibly Australia! – this beautiful property returns in excess of $99,000 per year (yes you read right – and that’s a return of over 18% per annum!!!)

Rented via an air-b-and-b style operation, the current owner of this property has a very loyal and constant clientele that rely on this property for their employee and executive accommodation year-round.

Fully furnished with top-of-the-range furniture, bedding, whitegoods, electrical and absolutely everything one needs to just walk in and live happily, there has been absolutely no expense spared to ensure residents have the best and most comfortable stay possible, hence why the occupancy rate is always at maximum.

This property consists of:

THE MAIN HOUSE…
- 4 x Bedrooms
- Open plan living and dining
- New kitchen with high-gloss cabinetry, large pantry, dishwasher and quality appliances
- A combination of striking polished timber floors and new floor coverings
- Split-system air-conditioning throughout
- Stylish bathroom and separate toilet
- Luxury window furnishings
- Internal laundry
- Huge undercover timber deck at the rear + undercover patio area at the front

THE STUDIO…
- Located just a few meters from the main house
- 1 x Large bedroom
- 1 x New bathroom
- A second sink for convenience

THE BACKYARD…
- Fully landscaped and virtually drought-proof
- Beautifully manicured – it looks as though it’s straight out of a “Better Homes And Gardens” magazine

THE FURNITURE…
- Top of the range new furniture
- Everything from soft furnishings, bedding, linen, whitegoods, electrical, cutlery, crockery, ornaments and décor – all styled specially for this property to ensure the residents have the most enjoyable and comfortable stay possible. No expense has been spared.
- Styled as though it has also come straight out of a “Better Homes And Gardens” magazine

THE RENT…
- The owner has a loyal and repetitive clientele that depend on this property to accommodate employees and executives
- The property is booked year-round with minimal to no vacancy, bringing in over $99,000 per year (through Air-B-And-B)
- The owner does not live locally - she has a dependable and reliable cleaner that services the property upon each check-out
- Statements can be obtained upon request to confirm the rental income

Please call me to arrange your inspection today - I am also happy to arrange a video inspection via FaceTime/WhatsApp/Messenger

Contact Marie Dowie on 0413811621 for a viewing in person or via video
(Sales Agent Of The Year For MORANBAH 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2017, 2019, 2021, 2023, 2024)
#1 Agent Moranbah
#4 Agent Queensland
#11 Agent Australia
Recognised as being in the top 5% of leading Agents in Australia for exceptional service and results.
"Honesty and integrity matter"

Disclaimer: Infinity Property Specialists have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 11 Watkins St, Moranbah, QLD 4744

A timeline of how this property has performed in the market
Last Sold
$502,000
08 Nov 2024
Listed for Rent
$280/w
23 Jul 2014
  • 18 Oct 2024
    Sold for $502,000
  • 14 Sep 2024
    Listed for Sale 18% RETURN! $530,000
  • 07 Dec 2018
    Transferred for $162,000
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About Moranbah 4744

The size of Moranbah is approximately 3,041.2 square kilometres. It has 31 parks covering nearly 0.1% of total area. The population of Moranbah in 2011 was 8,965 people. By 2016 the population was 8,739 showing a population decline of 2.5% in the area during that time. The predominant age group in Moranbah is 0-9 years. Households in Moranbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moranbah work in a trades occupation. In 2011, 30.4% of the homes in Moranbah were owner-occupied compared with 20.9% in 2016.

Moranbah has 4,470 properties. Over the last 5 years, Houses in Moranbah have seen a 41.66% increase in median value, while Units have seen a 86.54% increase. As at 30 November 2024:

  • The median value for Houses in Moranbah is $346,043 while the median value for Units is $376,178.
  • Houses have a median rent of $650 while Units have a median rent of $735.
There are currently 55 properties listed for sale, and 29 properties listed for rent in Moranbah on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Moranbah.

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Contact agent
Marie Dowie
Show contact details
MARIE DOWIE: INFINITY PROPERTY SPECIALISTS
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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.