16/4 Sherwood Cl, Mudgeeraba is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 160m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Opportunity knocks in this A1 location. Seller will meet the market, so do your sums and purchase 16/4 Sherwood Close as an addition to your investment portfolio or as a proud owner/resident. You can purchase immediately and occupy as soon as you can be settled.
The 3-bedroom townhouse with one 3-way bathroom is in and elevated private position at the end of the higher access road within Sherwood Glen CTS 20173. Sherwood Glen is a smaller complex of 24 units and #16 is favourably positioned as far as can be from the security complex gate and passing traffic in the complex. The residence can be provided with as much love as you wish to give it and is clean, functional and owns a broad skyline panorama from the master bedroom. The private courtyard has appealing outdoor charm, and the neighbouring bush reserve is a reminder of how in Mudgeeraba you can be protected from the busy commercial life of the township and remain nurtured by nature and bird calls. You will have 2 parking spaces. Firstly, in the single garge and secondly in an open designated car space just beyond the security gate at the front of the complex. Body Corporate fee is currently $41.33 per week, paid by installments in advance on the 1st day of each quarter subject to 10% discount if annual amount of $2148.95 paid in full upfront.in the first quarter of the year.
For investors, an average rental return between $380.00 and $420.00 is a reasonable expectation. In this Agency we currently have "No Vacancy". Even in COVID-19, Mudgeeraba remains a popular desirable suburb for Renters. On a daily basis, we have to disappoint renters looking for this type of accommodation.
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The size of Mudgeeraba is approximately 25.8 square kilometres. It has 25 parks covering nearly 9.1% of total area. The population of Mudgeeraba in 2011 was 13,203 people. By 2016 the population was 13,615 showing a population growth of 3.1% in the area during that time. The predominant age group in Mudgeeraba is 40-49 years. Households in Mudgeeraba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgeeraba work in a professional occupation. In 2011, 68.3% of the homes in Mudgeeraba were owner-occupied compared with 70.8% in 2016.
Mudgeeraba has 5,594 properties. Over the last 5 years, Houses in Mudgeeraba have seen a 93.12% increase in median value, while Units have seen a 105.90% increase. As at 31 October 2024:
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