13 Desmond StreetNarangba QLD 4504
Property Details for 13 Desmond St, Narangba
13 Desmond St, Narangba is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 401m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Narangba in the last 12 months.
Last Listing description (February 2024)
Welcome to this rare investment opportunity perfectly situated near the Narangba Train Station. This charming 5-bedroom, 2-bathroom house is more than just a home - it's an investor's dream. Presently, tenanted to a provider within the NDIS scheme, catering to accessibility, making it an excellent investment option.
Key Features:
Location: Strategically positioned close to Narangba Train Station, ensuring convenience for tenants, and offering excellent transport links.
Bathrooms: Two well-appointed bathrooms for comfort and functionality.
NDIS Tenancy: Currently tenanted by a disability support agency, offering a steady, high-yielding income stream: Tailored with features to support accessibility, catering to diverse tenant needs.
Property Highlights:
Spacious Interior: Generous living spaces make for a comfortable and welcoming environment.
Modern Amenities: Well-equipped with modern amenities to cater to the needs of the tenants.
Low-Maintenance Yard: A manageable outdoor space perfect for easy upkeep.
Investment Potential:
This property presents a rare opportunity to secure a home with a high-yielding tenancy. Benefit from the stability and reliability of this arrangement while ensuring a steady income.
Situated near the Narangba Train Station, this property offers easy access to transportation, local amenities, and is within reach of essential services, making it an appealing option for both tenants and potential buyers.
Don't miss out on this incredible opportunity to invest in a property that not only secures financial returns but also makes a positive impact on the community.
Contact us today to arrange a viewing and explore the potential of this investment gem!
Property History for 13 Desmond St, Narangba, QLD 4504
- 23 Jan 2024Sold for $700,000
- 15 Nov 2023Listed for Sale Offers Over $749,000
- 28 Oct 2021Sold for $550,000
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About Narangba 4504
The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5% of total area. The population of Narangba in 2011 was 16,223 people. By 2016 the population was 18,584 showing a population growth of 14.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a trades occupation. In 2011, 76.9% of the homes in Narangba were owner-occupied compared with 73.9% in 2016.
Narangba has 8,962 properties. Over the last 5 years, Houses in Narangba have seen a 82.37% increase in median value, while Units have seen a 87.14% increase. As at 31 October 2024:
- The median value for Houses in Narangba is $914,263 while the median value for Units is $512,686.
- Houses have a median rent of $610 while Units have a median rent of $525.
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