7 Sophie StreetMorayfield QLD 4506
Property Details for 7 Sophie St, Morayfield
7 Sophie St, Morayfield is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 450m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Morayfield in the last 12 months.
Last Listing description (June 2024)
Discover the perfect blend of comfort and convenience with this exceptional duplex property, nestled in the heart of Morayfield. Offering a unique investment opportunity, this package includes two meticulously designed units at 1/7 and 2/7 Sophie Street, each with its own distinctive charm and appeal.
1/7 Sophie Street:
Experience the epitome of suburban living in this spacious 3-bedroom, 2-bathroom unit, complete with a secure garage for one car. Boasting modern finishes and a layout designed for ease of living, this residence provides an ideal setting for families or professionals seeking style and convenience. Currently tenanted with a lease yielding $530 per week until 24th November 2024, this unit represents a stable and attractive investment.
2/7 Sophie Street:
Perfect for singles or couples, this charming 1-bedroom, 1-bathroom unit offers a cozy and inviting space, complete with a single car garage. With contemporary touches and an efficient design, it serves as an excellent low-maintenance living option. This unit is currently generating $370 per week under a lease agreement ending on 9th December 2024.
Investment Highlights:
Steady Income Stream: With both units currently leased, enjoy immediate rental income of $900 per week combined, with leases extending into late 2024.
Desirable Location: Situated in Morayfield, a rapidly growing suburb known for its excellent amenities, schools, shopping centers, and public transport options, offering convenience and quality of life to its residents.
Future Potential: With its prime location and strong rental demand, this duplex presents significant capital growth and rental yield potential, making it a smart addition to any investment portfolio.
Whether you're expanding your investment portfolio or stepping into the property market, 1/7 & 2/7 Sophie Street offers a rare opportunity to invest in a growth-oriented location with the benefit of immediate returns and long-term potential.
Don't miss out on this exceptional investment opportunity. For more information or to arrange a viewing, please contact us today.
Fayzaan Omar: 0423661345
Azhar Omar: 0422363450
**Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but Ray White Logan City takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision**. PLEASE NOTE THE FILTER SEARCH PRICE DETERMINED BY REALESTATE.COM IS NOT AN INDICATION AS TO SALE PRICE.
Property History for 7 Sophie St, Morayfield, QLD 4506
- 19 Apr 2024Sold for $820,000
- 27 Mar 2024Listed for Sale SUBMIT ALL OFFERS
- 21 Aug 2022Sold for $580,000
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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 12,473 properties. Over the last 5 years, Houses in Morayfield have seen a 107.80% increase in median value, while Units have seen a 109.20% increase. As at 31 October 2024:
- The median value for Houses in Morayfield is $747,813 while the median value for Units is $519,476.
- Houses have a median rent of $560 while Units have a median rent of $460.
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