1/43 Kingsbury StreetNorman Park QLD 4170
Property Details for 1/43 Kingsbury St, Norman Park
1/43 Kingsbury St, Norman Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 92m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Norman Park in the last 12 months.
Last Listing description (November 2023)
Discover the perfect investment gem nestled in a sought-after inner-city location! This stylish two-bedroom apartment presents an exceptional opportunity for savvy investors seeking a lucrative addition to their portfolio. With the potential to achieve a return of over 5% and low body corporate fees of less than $2,000 per annum, this property offers a compelling investment proposition. Additionally, it appeals to entry-level buyers looking to secure their own pad in the popular Norman Park area.
Investing is all about location, and this apartment delivers on that front! Situated in the heart of Poet's Corner, it offers unbeatable convenience and connectivity to the CBD, local schools, and the vibrant cafe and river lifestyle of Hawthorne and Bulimba precinct. The Norman Park State School catchment, along with its family-friendly location, adds to its appeal.
Enjoy the ease of walking to nearby bus, train, and ferry services, allowing for seamless commuting and exploring the surrounding areas. This brick apartment block comprises only eight units, ensuring a sense of exclusivity and privacy. The property features a single garage, providing secure parking, and is meticulously maintained, offering a neat and tidy living space.
With a rental appraisal of $450 per week, this apartment boasts strong rental potential. Its low body corporate fees make it an attractive investment proposition, maximizing your returns. Currently tenanted, with the lease expiring in August 2023, this property offers immediate income generation.
Benefit from its prime location and return on investment. Capitalize on the robust rental demand and enjoy a reliable income stream, along with the potential for long-term capital growth. This apartment is tailor-made for astute investors looking to secure their financial future.
Don't miss out on this incredible opportunity! Contact us today to arrange a viewing and take the first step towards seizing this investment gem.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 1/43 Kingsbury St, Norman Park, QLD 4170
- 11 Oct 2023Sold for $425,000
- 21 Sep 2023Listed for Sale Offers over $400K
- 25 Jul 2023Listed for Rent $425 / week
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0About Norman Park 4170
The size of Norman Park is approximately 2.3 square kilometres. It has 14 parks covering nearly 13.8% of total area. The population of Norman Park in 2011 was 6,002 people. By 2016 the population was 6,269 showing a population growth of 4.4% in the area during that time. The predominant age group in Norman Park is 30-39 years. Households in Norman Park are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Norman Park work in a professional occupation. In 2011, 61% of the homes in Norman Park were owner-occupied compared with 62% in 2016.
Norman Park has 3,055 properties.
Suburb Insights for Norman Park 4170
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