49 James StreetMount Morgan QLD 4714
Property Details for Lot 1/49 James St, Mount Morgan
Lot 1/49 James St, Mount Morgan is a 10 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 1184m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (February 2021)
Looking for immediate sale! All offers forwarded to vendors.
- No body corporate fees.
- GREAT INCOME over $55,000 gross P.A.
Time to act is now whilst prices are low!!
49 James Street "Calliungal Lodge" offers IMMEDIATE INCOME to the astute investor.
Well-kept unit block has 2x2 bedroom units at front and 6x1 bedroom lowset units set back from road (James Street).
Spacious kitchens with open plan living areas, bedrooms include built in robes and ceiling fans.
- Personal laundry rooms with extra storage in each unit.
- Pathed walkways through complex with access to personal clotheslines.
- Off street rear parking available to property from Pepperina Lane fit up to 6 more vehicles.
- No body corporate levies- CURRENTLY 1 TITLE - Future potential to individually strata title complex and sell down (STCA).
- Currently returns over $55,000 gross income P.A.
- Well maintained units and presentation.
- Sewerage connection and town water.
RARE FIND in self-contained township of Mount Morgan, short 2 minute drive to CBD,
30 minute drive to Rockhampton - 20 minute drive to Gracemere.
Town offers all amenities including Hospital, Police Station, High School, Primary School, IGA food store, Daycare Centre, Newsagency, Post Office, Bakery plus more.
Property History for Lot 1/49 James St, Mount Morgan, QLD 4714
- 11 Jan 2021Listed for Rent $150 / week
- 23 Dec 2020Sold for $480,000
- 21 Aug 2019Listed for Sale $495,000
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0About Mount Morgan 4714
The size of Mount Morgan is approximately 12.1 square kilometres. It has 6 parks covering nearly 1.9% of total area. The population of Mount Morgan in 2011 was 2,114 people. By 2016 the population was 1,979 showing a population decline of 6.4% in the area during that time. The predominant age group in Mount Morgan is 60-69 years. Households in Mount Morgan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Morgan work in a labourer occupation. In 2011, 63.5% of the homes in Mount Morgan were owner-occupied compared with 65.6% in 2016.
Mount Morgan has 1,446 properties. Over the last 5 years, Houses in Mount Morgan have seen a 198.77% increase in median value, while Units have seen a -12.04% decrease. As at 31 October 2024:
- The median value for Houses in Mount Morgan is $256,847 while the median value for Units is $219,163.
- Houses have a median rent of $390.
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