SOLD
Sold on 13 Feb 2024 for $440,000

32/26-38 Petersen Road
Morayfield QLD 4506

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 136m2
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Property Details for 32/26-38 Petersen Rd, Morayfield

32/26-38 Petersen Rd, Morayfield is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 136m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Townhouse sold in Morayfield in the last 12 months.

Building Type
Townhouse
Year Built
2011
Floor Size
101m2
Land Size
136m2
Local Government
Moreton Bay
Lot/Plan
32/SP234629

Last Listing description (April 2024)

Welcome to 32/26-38 Petersen Road, Morayfield.

Located in the quiet & well maintained Northfields complex on Petersen Road, this 3 bedroom, 2 bathroom townhouse is currently tenanted long term representing a fantastic & affordable investment opportunity with a strong gross rental return of approx. 5.68% per annum.

Downstairs features include;

> Air conditioned lounge room upon entry
> Spacious kitchen overlooks the backyard & tiled dining area
> Kitchen features Westinghouse appliances including electric stove/oven & dishwasher
> Single pantry & broom cupboard
> Separate laundry with toilet
> Single remote lock up garage with internal access to the home
> Security screens & doors throughout
> Gas hot water system
> Covered back patio area overlooking low maintenance backyard
> Superb location within the complex with no rear neighbours & a beautiful green outlook from the back patio

Heading up the internal stair case, features include;

> 3 x bedrooms all with built in robes & ceiling fans
> Air conditioned master bedroom features a front balcony, large walk in robe & ensuite with shower, toilet & vanity
> Spacious main bathroom with shower over the bath, toilet & vanity
> Brand new carpet upstairs
> Single linen cupboard

The Northfields complex is 14 years young & consists of approx. 50 townhouses, majority of which being owner occupied. The complex is well maintained by a full time care taker & offers excellent security with a front gate & CCTV system.

Your tenants already love having access to the stunning in-ground swimming pool that also offers an under cover meeting area & small in-door gym.

Body corporate admin + sinking fund contributions = Approx. $625.00 quarterly or approx. $2,500 per Annum.

As mentioned above, this townhouse is currently tenanted long term, with excellent tenants in place paying $470.00 rent per week with a fixed term lease in place until 30/01/2025. This equals a very healthy, gross return on your investment of approx. 5.68% at this asking price.

Convenience is a huge feature for this resort-style complex being within walking distance to Morayfield Shopping Centre, Morayfield Bunnings, Multiple primary/ high schools & childcare centres. A further 10 minute drive for you to access the Bruce Highway for commuters to find yourself in Brisbane city within the hour or Sunshine coast within 45mins.

This property is competitively priced and is expected to sell quickly. Be sure to register your interest direct with Jarrod Willis today on 0402 164 516.

Property History for 32/26-38 Petersen Rd, Morayfield, QLD 4506

A timeline of how this property has performed in the market
Last Sold
$440,000
13 Feb 2024
Listed for Rent
$320/w
17 Jan 2019
  • 13 Feb 2024
    Sold for $440,000
  • 05 Feb 2024
    Listed for Sale Best Offer Over $429,000
  • 04 Oct 2022
    Sold for $360,000
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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 12,405 properties.

    There are currently 101 properties listed for sale, and 82 properties listed for rent in Morayfield on OnTheHouse. According to CoreLogic's data, 1023 properties were sold in the past 12 months in Morayfield.

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    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.