OFF MARKET

27 Rothwell Street
Mount Gravatt East QLD 4122

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 130m2
Land area: 617m2
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Property Details for 27 Rothwell St, Mount Gravatt East

27 Rothwell St, Mount Gravatt East is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1960. The property has a land size of 617m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1960
Floor Size
130m2
Land Size
617m2
Local Government
Brisbane
Lot/Plan
24/RP107114

Last Listing description (December 2020)

This fully tenanted and renovated block of 3 units is offered for sale to the astute investor looking for strong rental return and growth potential. With a total annual rental income of $48,100 and no body corporate you will be fully in control of your investment, and with the recent renovations your outgoings will be minimal.

The extensive list of features for each unit include a brand-new kitchen with new stainless-steel appliances, new bathroom, built-in wardrobe/s, air-conditioning, high gloss hardwood timber floors and loads more. Each unit has its own separate lockup garage downstairs with laundry and additional storage space.

Located in a premium pocket of Mount Gravatt East the units are walking distance to public transport and close to cafes, shops, eateries, kindergarten/childcare services and schools, as well as easy access to walking/cycling trails and major arterials.

An 8-minute drive to Westfield Garden City and a 10-minute drive to Griffith University Mount Gravatt campus.

All units feature the following:
- Built-in wardrobes to all bedrooms
- New kitchen with stone benchtops
- New appliances
- New bathroom
- Polished hardwood timber floors
- Split-system air-conditioning
- Individual lock up garage and storage area
- Separate water and electricity meters

Current rent:
- Unit 1 (rear) - 1 Bedroom $300 per week
- Unit 2 (middle) - 1 Bedroom $290 per week
- Unit 3 (front) - 2 Bedroom $335 per week

Investment Summary:
- Total Weekly Rental Income $925
- Total Annual Rental Income $48,100
- BCC Rates $1,158 per quarter
- No Body Corporate hassles or fees!
- Currently managed by Ray White Tingalpa

Contact Scott today 0413684268 !

Property History for 27 Rothwell St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$890,000
10 Sep 2020
  • 10 Sep 2020
    Sold for $890,000
  • 28 Jul 2020
    Listed for Sale Expressions of Interest
  • 25 May 2020
    Sold for $676,000
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About Mount Gravatt East 4122

The size of Mount Gravatt East is approximately 4.6 square kilometres. It has 14 parks covering nearly 5.9% of total area. The population of Mount Gravatt East in 2011 was 10,891 people. By 2016 the population was 11,845 showing a population growth of 8.8% in the area during that time. The predominant age group in Mount Gravatt East is 30-39 years. Households in Mount Gravatt East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Gravatt East work in a professional occupation. In 2011, 61.3% of the homes in Mount Gravatt East were owner-occupied compared with 60.3% in 2016.

Mount Gravatt East has 5,453 properties.

    There are currently 45 properties listed for sale, and 15 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Mount gravatt east.

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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.