27 Rothwell StreetMount Gravatt East QLD 4122
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.
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
- 10 Sep 2020Sold for $890,000
- 28 Jul 2020Listed for Sale Expressions of Interest
- 25 May 2020Sold for $676,000
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0About 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 5,456 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 74.40% increase in median value, while Units have seen a 68.19% increase. As at 30 November 2024:
- The median value for Houses in Mount Gravatt East is $1,135,912 while the median value for Units is $703,844.
- Houses have a median rent of $650 while Units have a median rent of $595.
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