240 Mcphail Rd, Narangba is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2022. The property has a land size of 2947m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
With such a highly convenient location offering a short walk to Narangba State School, railway station (with fast services to Brisbane) and 'Narangba Village' shopping centre, plus inclusion within the 'Narangba East' Local Area Development Plan, this 3/4 acre property offers an excellent investment opportunity. Currently tenanted until September 2022 with good returns and backed by the potential of future urban development (and subdivision options) in coming years. In the meantime, things are well catered for with a 4 bedroom home of character and large shed nestled on a semi secluded 2,947m2. Perfect to live in or rent and hold 'as is' with a prime strategic position.
The main house is set back and sheltered from the road. Inside, welcoming features such as wooden floors and artistic cornices/ceilings are immediately apparent. There is a spacious lounge/family room, supplemented by separate living/dining (both air-conditioned) adjacent to the kitchen, with views to the rear. The master bedroom offers modern ensuite and built ins, other bedrooms are all doubles with ceiling fans. The covered rear deck is massive and provides the perfect elevated location for entertaining and general outdoor living.
Plenty of space to utilise surrounding the house, with areas to explore both planted and open lawn. There is also the undoubted bonus of a large standalone shed providing very generous 2 bay covered parking plus workshop/storage, supplemented by attached carport with rear drive through. Further open parking and easy vehicle handling is ensured with wide concrete approach apron and driveway.
This fine brick home can provide practical living and benefits right now, exactly as you find it, but with that added incentive of additional options in future years. Within 5 minutes easy drive of the Bruce Highway and 10 minutes to Westfield North Lakes. Quite simply, an opportunity not to be missed!
Note: For more information on Narangba East refer to the Moreton Bay Council website: www.moretonbay.qld.gov.au/Services/Building-Development/Planning-Schemes/MBRC/Background-Studies/Narangba-East-Strategy
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 8,958 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:
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