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Sold on 22 Aug 2024 for $465,000

107/40-56 Gledson Street
North Booval QLD 4304

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 127m2
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Property Details for 107/40-56 Gledson St, North Booval

107/40-56 Gledson St, North Booval is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 127m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Townhouse sold in North Booval in the last 12 months.

Building Type
Townhouse
Year Built
2008
Land Size
127m2
Local Government
Ipswich
Lot/Plan
107/SP200520

Last Listing description (August 2024)

Situated within a secure gated complex, this 3-bedroom, 2-bathroom townhouse is an ideal investment opportunity in the thriving suburb of North Booval. Built in 2008, the property features an open-plan living, dining, and kitchen area equipped with a dishwasher, electric stove top, and oven—perfect for modern living.

Each bedroom comes with ceiling fans and built-in robes, ensuring comfort and ample storage. The master bedroom boasts an ensuite, while the other two bedrooms share a well-appointed main bathroom. The private courtyard offers a tranquil outdoor space, adding to the property's low-maintenance appeal. With a single-car garage, and access to a sparkling communal pool, this townhouse is perfectly suited for attracting long-term tenants.

North Booval offers a welcoming community atmosphere with convenient access to local parks, shopping centres, and public transport, making daily errands and commutes a breeze. Nearby schools such as Bundamba State Secondary College and Sacred Heart School ensure quality education options for families, further enhancing the property's appeal to tenants. This townhouse is a solid addition to any investment portfolio.

For investors, this townhouse presents a prime opportunity with its low vacancy rates and high demand for rental properties in the area. The gated complex provides added security, appealing to a wide range of tenants, from young professionals to small families. With a history of steady rental returns and the potential for capital growth, this property is a smart addition to any portfolio, offering both immediate income and long-term investment potential.

For the investor:
Rent: $345 Per Week
Rental Appraisal: $420 - $450 Per Week
Lease end date: 1st December 2024
Body Corporate: $4,408 Per Annum
Water: $223.13 Per Quarter (Subject to change)
Rates: $556.60 Per Quarter

Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct 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.

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Property History for 107/40-56 Gledson St, North Booval, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$465,000
22 Aug 2024
  • 22 Aug 2024
    Sold for $465,000
  • 15 Aug 2024
    Listed for Sale OFFERS OVER $429,000
  • 27 Oct 2020
    Sold for $170,000
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About North Booval 4304

The size of North Booval is approximately 3 square kilometres. It has 8 parks covering nearly 8.9% of total area. The population of North Booval in 2011 was 2,431 people. By 2016 the population was 3,169 showing a population growth of 30.4% in the area during that time. The predominant age group in North Booval is 0-9 years. Households in North Booval are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Booval work in a labourer occupation. In 2011, 52.4% of the homes in North Booval were owner-occupied compared with 44% in 2016.

North Booval has 1,267 properties. Over the last 5 years, Houses in North Booval have seen a 99.42% increase in median value, while Units have seen a 91.90% increase. As at 30 September 2024:

  • The median value for Houses in North Booval is $560,535 while the median value for Units is $460,776.
  • Houses have a median rent of $500 while Units have a median rent of $365.
There are currently 23 properties listed for sale, and 3 properties listed for rent in North booval on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in North booval.

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