29/76 Endeavour StreetMount Ommaney QLD 4074
Property Details for 29/76 Endeavour St, Mount Ommaney
29/76 Endeavour St, Mount Ommaney is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 102m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in April 2011.
Last Listing description (June 2010)
Fantastic Investment $$$
Wow! What a fantastic investment buy! This unit is configured as dual keyed, 2 x 1-bedroom motel apartments in the Mount Ommaney Hotel Apartments complex. Currently leased until 30/06/2014 with options to extend until 2024. Your new investment returns a guaranteed $13,347p.a. nett! The body corporate levies are paid by the motel business, as are the City Council rates! So your income is completely nett! Plus you have no occupancy rates to worry about. Your income is guaranteed and indexed to CPI. All you do is purchase, sit back & let the income flow.
So hurry! Simon says call today!
Features:
* 102 sqm motel apartment investment
* Guaranteed income of $13,347 p.a. nett, increasing with CPI
* Pool in complex
* Tennis court in complex
* Restaurant in compelx
* Function rooms in complex
34 units in complex
Complex built in 1987
Contact Simon Ingram 0410 449 542.
Sustainability Declaration available from agent.
Additional feature - Duplex motel apartment. Returning $13.
Property History for 29/76 Endeavour St, Mount Ommaney, QLD 4074
- 07 Apr 2011Sold for $187,500
- 05 Feb 2010Listed for Sale $200,000+
- 18 May 1994Sold for $155,000
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About Mount Ommaney 4074
The size of Mount Ommaney is approximately 2.3 square kilometres. It has 6 parks covering nearly 34.7% of total area. The population of Mount Ommaney in 2011 was 2,333 people. By 2016 the population was 2,370 showing a population growth of 1.6% in the area during that time. The predominant age group in Mount Ommaney is 60-69 years. Households in Mount Ommaney are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Ommaney work in a professional occupation. In 2011, 86.9% of the homes in Mount Ommaney were owner-occupied compared with 81.5% in 2016.
Mount Ommaney has 1,088 properties. Over the last 5 years, Houses in Mount Ommaney have seen a 98.14% increase in median value, while Units have seen a 76.06% increase. As at 31 August 2024:
- The median value for Houses in Mount Ommaney is $1,525,975 while the median value for Units is $927,146.
- Houses have a median rent of $978 while Units have a median rent of $585.
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