OFF MARKET

2/22 Lennon Boulevard
Narangba QLD 4504

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 142m2
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Property Details for 2/22 Lennon Bvd, Narangba

2/22 Lennon Bvd, Narangba is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 142m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
2013
Floor Size
107m2
Land Size
142m2
Local Government
Moreton Bay
Lot/Plan
2/SP255737

Last Listing description (March 2018)

Potential for 7% rental yield!! These are as rare as hen s teeth!
Located in a quiet position only minutes walk to the Narangba train station, shops and school, this investment property is not only great value but is located in a prime position!
Modern and with a welcoming street appeal, these spacious 3 bedroom duplexes have a contemporary kitchen, air conditioning, ensuite and a private courtyard.

Currently receiving fair value in rent PLUS the Government subsidy afforded to NRAS properties, could mean this investment is a much smarter option with the potential rental yield of approx 7%.
Tenants in each duplex have just resigned further 12 month leases ensuring you have immediate cash flow.
There are 2 strata titled duplexes available for purchase both receiving the same rent/subsidy meaning you can purchase one or both of the duplexes!
*Please be advised that pictures shown in this advertisement represent a mixture of both properties.

Property History for 2/22 Lennon Bvd, Narangba, QLD 4504

A timeline of how this property has performed in the market
Last Sold
$312,000
20 Nov 2019
Listed for Rent
$308/w
07 Nov 2017
  • 20 Nov 2019
    Sold for $312,000
  • 16 Aug 2017
    Listed for Rent $308 / week
  • 26 Jul 2017
    Listed for Sale Offers over $360,000 each
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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.
There are currently 91 properties listed for sale, and 24 properties listed for rent in Narangba on OnTheHouse. According to CoreLogic's data, 590 properties were sold in the past 12 months in Narangba.

Suburb Insights for Narangba 4504

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.