41 Spotted Gum Cres, Mount Cotton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 600m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
An exciting opportunity awaits to enter the real estate market and create something special! Situated in the highly sought-after Mount Cotton State School Catchment and quietly positioned in a leafy, sought-after location, the single level home offers open plan living and is an opportunity that doesn't come to the market often. Presently tenanted and producing a reasonable rental income at $460 per week, you can increase your property portfolio and keep the long-term tenants; or make plans to move in and make it your own by further enhancing this blank canvas. The choice is yours!
Features:
- Four bedrooms - all with built in wardrobes
Currently tenanted until May 2021.
This is a great opportunity to take advantage and capitalise.
Call now to arrange an inspection!
* Where properties are being sold without a price, in accordance with government regulations a price guide cannot be provided. Please note also that the website being viewed may have filtered the property into a price bracket for functionality purposes.
The size of Mount Cotton is approximately 42.6 square kilometres. It has 22 parks covering nearly 21.9% of total area. The population of Mount Cotton in 2011 was 4,804 people. By 2016 the population was 6,834 showing a population growth of 42.3% in the area during that time. The predominant age group in Mount Cotton is 0-9 years. Households in Mount Cotton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Cotton work in a professional occupation. In 2011, 85.5% of the homes in Mount Cotton were owner-occupied compared with 80.7% in 2016.
Mount Cotton has 2,556 properties. Over the last 5 years, Houses in Mount Cotton have seen a 80.66% increase in median value, while Units have seen a 23.52% increase. As at 30 November 2024:
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