14/5-9 Grant RoadMorayfield QLD 4506
Property Details for 14/5-9 Grant Rd, Morayfield
14/5-9 Grant Rd, Morayfield is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 292m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2020)
The perfect investment property is on offer here. If you're an investor, being already tenanted you will enjoy an instant rental return from this property with the added bonus of low body corporate fees OR you could move in and enjoy this property and its convenient location!
The brick & tile, 2 storey unit has its own large courtyard, and is located an the end of the complex, providing privacy, extra car-parking and your own side yard which is unique for this particular complex.
Located in the popular Bungalows complex on Grant Road, just a short walk or drive to all the amenities on Morayfield Road, local shops and schools, with lovely street appeal.
This unit has a compact layout with 2 large bedrooms upstairs, both with built in robes and ceiling fans, family bathroom and separate toilet, and downstairs we have an open plan dining/family room with ceiling fan & new timber look vinyl flooring, sleek kitchen, second toilet, separate laundry, leading outside to your private courtyard, complete with wooden deck and garden shed.
Features include:
> Family friendly neighbourhood just a short walk to all the amenities on Morayfield Road
> Open plan family/dining, compact kitchen
> 2 roomy bedrooms upstairs, ceiling fans, walk in robes
> Outdoor wooden deck, garden shed, fenced courtyard
> Separate laundry, toilet upstairs and downstairs
> Low body corporate fees
> Single lock up garage, extra car-parking space
An ideal property for investors wanting a unit with low Body Corporate Fees, in a great neighbourhood and walking distance to all amenities. The bonus of having a long term tenant is great, but rest assured knowing that if the property did become vacant, there would be no concerns in regards to finding a suitable tenant (especially with the demand for rentals being so strong). It would suit a young family, or students wanting a unit where they can have their own space inside and out, with heaps of room to relax outside in a safe and secure family friendly location!
This breezy floor plan is welcoming with an open plan carpeted family/dining and compact kitchen being the central hub area; a place where you can enjoy family time together. Sliding glass door leading outside through the laundry to the low maintenance fenced backyard - a great space for the kids to play, and is a perfect place to sit and relax with a glass of wine or coffee and watch the bird life.
For the investor, the townhouse is currently rented at $285.00 per week on a periodic lease representing a 6.58%+ Gross Return at this asking price.
Properties in this affordable price bracket are not last long on the market so be sure to contact Scott or Jarrod today for more information or to arrange a private viewing. Please note 24 hours notice is required.
Property History for 14/5-9 Grant Rd, Morayfield, QLD 4506
- 17 Oct 2020Sold for $222,500
- 12 Mar 2020Listed for Sale $225,000
- 02 Nov 2019Listed for Rent - Price not available
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About Morayfield 4506
The size of Morayfield is approximately 44.5 square kilometres. It has 58 parks covering nearly 6.3% of total area. The population of Morayfield in 2011 was 19,346 people. By 2016 the population was 21,403 showing a population growth of 10.6% in the area during that time. The predominant age group in Morayfield is 0-9 years. Households in Morayfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morayfield work in a trades occupation. In 2011, 58.3% of the homes in Morayfield were owner-occupied compared with 55.1% in 2016.
Morayfield has 12,804 properties. Over the last 5 years, Houses in Morayfield have seen a 103.05% increase in median value, while Units have seen a 120.28% increase. As at 28 February 2025:
- The median value for Houses in Morayfield is $759,246 while the median value for Units is $550,568.
- Houses have a median rent of $563 while Units have a median rent of $480.
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