14 Maranark AvenueMount Pleasant QLD 4740
Property Details for 14 Maranark Ave, Mount Pleasant
14 Maranark Ave, Mount Pleasant is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 462m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2023)
This well-appointed lowset Duplex is a great opportunity to live in one and rent out the other.
Or a great investment with dual income all on the one title.
Level entry to the home, you will find a generous open plan, air-conditioned lounge, dining, and kitchen area, with modern tiled flooring in living areas, carpet in the 2 delightful bedrooms with their own bathrooms,
Internal Laundry, covered entertainment area in your private courtyard
Conveniently located only a short drive to Mount Pleasant Shopping Centre.
Unit 1: Currently tenanted at $400 per week till end of October 2022
Unit 2: Currently tenanted at $375 per week till January 2023
Or combined income of $3100.00 per month for both duplexes
The gross yield for this investment is approximately 6.6%
Rental Appraisal for each unit is $450-$485p/week or approximately 7.6% gross yield.
Contact Agent today to take advantage of this exclusive opportunity to invest in this duplex with its currently tenanted semi-detached apartments
Property History for 14 Maranark Ave, Mount Pleasant, QLD 4740
- 20 Jan 2023Sold for $615,000
- 29 Nov 2022Listed for Rent $375 / week
- 14 Jun 2022Listed for Sale $635,000
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About Mount Pleasant 4740
The size of Mount Pleasant is approximately 3.9 square kilometres. It has 9 parks covering nearly 5.5% of total area. The population of Mount Pleasant in 2011 was 4,751 people. By 2016 the population was 4,448 showing a population decline of 6.4% in the area during that time. The predominant age group in Mount Pleasant is 50-59 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Pleasant work in a professional occupation. In 2011, 72.1% of the homes in Mount Pleasant were owner-occupied compared with 67.6% in 2016.
Mount Pleasant has 2,240 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 54.28% increase in median value, while Units have seen a 98.91% increase. As at 31 October 2024:
- The median value for Houses in Mount Pleasant is $622,876 while the median value for Units is $370,397.
- Houses have a median rent of $600 while Units have a median rent of $460.
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