105 Edmondstone St, Newmarket is a 10 bedroom, 4 bathroom Unit with 6 parking spaces. The property has a land size of 1186m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Ideally located in the ever popular, constantly developing suburb of Newmarket and just moments to a major shopping centre, schools, parks and trains. This unique property is available for sale and features a Federation home and 3 flats. All are currently tenanted with long term tenants in place.
The property sits on a large 1186sqm allotment and holds many potential opportunities for further development to increase the return (STCA). The character home has 4 bedrooms, 1 bath, kitchen, generous living, dining areas, VJ walls, fireplace feature, high ceilings and a fenced front yard. The 3 flats are generous in size and have 2 bedrooms, 1 bath, kitchen, living, meals area and each have 2 car parks. The flats and house are in reasonable condition, but you can add value by renovating. They are individually metered for electricity, but not water.
Close to Newmarket Village and Reading Cinemas. Walking distance to Newmarket and Wilston train stations, parks, school and shops.
Features Include:
• 1 x 4 bedroom Federation House
• 3 x 2 bedroom Flats
• 6 under cover car parking and storage
• Block Size: 1186m2
• Block Dimensions: 18.7m x 62.5m (dimensions are sourced from Pricefinder and should
be used as a guide only)
• Not currently strata titled
• Rental: $1290 per week
• Gross Return: $67,080 per annum
• BCC Rates: $1793.47 per quarter
• School Catchments:
Newmarket State School (1.4km) & Kelvin Grove State College (2.4km)
• 650m to Newmarket Village
• 850m to Wilston Train Station
• 1.2km to Newmarket Train Station
• 4.1km to Royal Brisbane and Women's Hospital
• 5.5km to Brisbane CBD
For further information or to arrange a private viewing, please call Anne Gunson on 0407 114 189
The size of Newmarket is approximately 1.7 square kilometres. It has 10 parks covering nearly 9.3% of total area. The population of Newmarket in 2011 was 4,444 people. By 2016 the population was 4,986 showing a population growth of 12.2% in the area during that time. The predominant age group in Newmarket is 20-29 years. Households in Newmarket are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newmarket work in a professional occupation. In 2011, 51.2% of the homes in Newmarket were owner-occupied compared with 46.8% in 2016.
Newmarket has 2,483 properties. Over the last 5 years, Houses in Newmarket have seen a 65.06% increase in median value, while Units have seen a 65.04% increase. As at 31 October 2024:
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