OFF MARKET

40 Grazier Street
Narangba QLD 4504

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 118m2
Land area: 375m2
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Property Details for 40 Grazier St, Narangba

Building Type
Land
Year Built
2019
Floor Size
118m2
Land Size
375m2
Local Government
Moreton Bay
Lot/Plan
445/SP295609

Last Listing description (December 2022)

ACT NOW!! PRIME INVESTMENT OPPORTUNITY!!
This opportunity can't be missed! Narangba is experiencing extreme growth and eagle eyed investors can't go past this outstanding investment. Whether you want to off-set your mortgage, capitalise on a prime investment or have space for the extended family as well as your own, this property is idealistic. Rarely do you find a double income-producing property that provides countless prospects. This opportunity is located only moments from everything this family-friendly region has to offer. Screened from the street by the established landscaping the residence has a welcoming and sophisticated street presence.

The first residence is a 4 bedroom, 2 bathroom home with a single car garage offering an approximate $440 weekly return if desired (current rental market is very strong). The low maintenance living and dining space finished in neutral tones create a seamless connection into the kitchen for relaxed easy living. Enjoy entertaining with ease secluded, tiled alfresco area stepping out from the internal living space seamlessly. A fully fenced backyard and extended provides space for the kids to run around or for you to unwind in peace.

The second dwelling offers a perfect alternative to apartment living. Rental potential is $300 per week. The 1 bedroom studio apartment caters to the downsizer, older/teenage family
members or busy professionals. Mirroring the same sleek aesthetic as the main residence this lovely abode fuses functionality
with natural tones to create a peaceful, serene home that offers a timeless appeal.
Property Highlights:

Unit 1
- 4 bedrooms with BIRs, master with ensuite & WIR
- Generous layout with combined lounge & dining area
- Spacious kitchen, gas cooktop, ample storage
- Air conditioning in living area and master bedroom & ceiling fans to bedrooms
- Fully fenced back yard with stunning alfresco
- Single remote garage with concrete driveway
- Lavish landscaped gardens

Unit 2
- 1 bedroom with wardrobe and bathroom
- Generous layout with combined lounge & dining area
- Spacious kitchen with stainless steel appliances, gas cook top and quality fixtures
- Air conditioning in living area and master bedroom & ceiling fans to bedrooms
- Single remote garage
- Spacious courtyard

What more can you ask for? Centrally located with schools, parks and recreational facilities nearby, the
options available with this dual-income property are incredible. Situated in a family friendly pocket you will
always find something to do. Within 30 min of Samford, Redcliffe and 45 min to Brisbane this location has
something for everyone.

- 5 min to Narangba State School
- 8 min drive to Narangba Valley State High
- 6 min drive to Narangba Train Station
- 14 min to Westfield North Lakes
Even the most astute investor will be drawn to the impressive rental returns, get in touch today to reap the
benefits this growing region has to offer.

Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

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Property History for 40 Grazier St, Narangba, QLD 4504

A timeline of how this property has performed in the market
Last Sold
$700,000
17 Nov 2022
Listed for Rent
$440/w
19 Aug 2022
  • 17 Nov 2022
    Sold for $700,000
  • 16 Aug 2022
    Listed for Sale UNDER CONTRACT
  • 01 Aug 2022
    Listed for Rent $440 / week
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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 8,815 properties. Over the last 5 years, Houses in Narangba have seen a 79.28% increase in median value, while Units have seen a 84.38% increase. As at 30 September 2024:

  • The median value for Houses in Narangba is $906,797 while the median value for Units is $501,882.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 73 properties listed for sale, and 26 properties listed for rent in Narangba on OnTheHouse. According to CoreLogic's data, 479 properties were sold in the past 12 months in Narangba.

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