12 Solandra StreetNambour QLD 4560
Property Details for 12 Solandra St, Nambour
12 Solandra St, Nambour is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 800m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (March 2022)
This is not a misprint, yes we are selling two homes for the one great price. The one title consists of a two-bedroom home adjoining the smaller one-bedroom unit via a common wall. The property is currently serving as a dual income investment with the option of combining both back to a dual living home if you so desire.
The two bedroom home is neat and tidy and ready for a refresh, certainly nothing a good coat of paint will not fix. All fittings and fixtures are in good working order. The current tenant loves the home and is happy to stay on long term paying $325 per week with a lease expiry on the 3rd of November 2022.
The one-bedroom unit is in great condition and very well looked after by the current tenants who are also happy to stay on long-term and paying an amount of $300 per week with the lease expiry on the 31st of the 1st 2023.
Both tenants have access to a double garage with extra storage downstairs and a very spacious backyard with amazing views from each kitchen window.
The property value is underpinned by an 800m2 accessible block with subdivision potential subject to council approval. The location will need no endorsement being only minutes to the hospital and town Centre.
This solid brick home will be a great starter as an investor or combined dual living owner looking to take care of the extended family. With a well under valued combined rent return of $625 per week there is certainly plenty of scope to capitalise on the current rental or renovator market. Be quick this one will not last. Call Bradley Milton on 0421 965 226.
Property History for 12 Solandra St, Nambour, QLD 4560
- 20 Mar 2022Sold for $620,000
- 15 Mar 2022Listed for Sale Auction Postponed
- 24 Jul 2018Listed for Sale $398,000
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About Nambour 4560
The size of Nambour is approximately 11.4 square kilometres. It has 31 parks covering nearly 10.9% of total area. The population of Nambour in 2011 was 10,222 people. By 2016 the population was 11,183 showing a population growth of 9.4% in the area during that time. The predominant age group in Nambour is 0-9 years. Households in Nambour are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nambour work in a trades occupation. In 2011, 57.6% of the homes in Nambour were owner-occupied compared with 54.4% in 2016.
Nambour has 6,627 properties. Over the last 5 years, Houses in Nambour have seen a 85.01% increase in median value, while Units have seen a 84.90% increase. As at 31 July 2024:
- The median value for Houses in Nambour is $727,256 while the median value for Units is $489,852.
- Houses have a median rent of $600 while Units have a median rent of $495.
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