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Sold on 11 Nov 2024 for $490,000

45/40-56 Gledson Street
North Booval QLD 4304

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 135m2
Land area: 127m2
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Property Details for 45/40-56 Gledson St, North Booval

45/40-56 Gledson St, North Booval is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2009. The property has a land size of 127m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom Townhouse sold in North Booval in the last 12 months.

Building Type
Townhouse
Year Built
2009
Floor Size
135m2
Land Size
127m2

Last Listing description (November 2024)

Positioned within a secure gated complex, this modern 3-bedroom, 2-bathroom townhouse offers a fantastic investment opportunity in North Booval. Built in 2008, the property boasts an open-concept layout in the living, dining, and kitchen area, equipped with a dishwasher, electric stovetop, and oven—perfectly tailored to contemporary lifestyles.

Each bedroom is fitted with ceiling fans and built-in wardrobes, delivering both comfort and storage. The master bedroom includes an ensuite, while the additional bedrooms share a spacious main bathroom. A private courtyard provides a serene outdoor retreat with minimal upkeep required, and a single-car garage adds convenience. Residents also enjoy access to a pristine communal pool, adding further appeal to potential tenants.

The North Booval community is well-regarded for its friendly atmosphere and easy access to local parks, shopping centers, and public transportation, simplifying daily commutes and errands. Nearby schools, including Bundamba State Secondary College and Sacred Heart School, provide strong education options, broadening the property's appeal to family renters.

With consistently low vacancy rates and high rental demand in the area, this townhouse is poised to deliver solid returns. The gated security of the complex attracts a range of tenants, from young professionals to families, while ensuring strong demand for years to come. With reliable rental returns and potential for future capital growth, this property is a valuable addition to any investor's portfolio.

This townhouse promises both steady income and long-term investment potential in a highly sought-after location.

For the investor:
Rent: $420 Per Week
Lease End Date: 11/2/25
Body Corporate: $4,408 Per Annum
Rental Appraisal: $420 - $450 Per Week
Rates: $589 Per Quarter (Subject to Change)
Water: $181 Per Quarter (Subject to Change)

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 45/40-56 Gledson St, North Booval, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$490,000
11 Nov 2024
Listed for Rent
$420/w
14 Dec 2023
  • 11 Nov 2024
    Sold for $490,000
  • 31 Oct 2024
    Listed for Sale OFFERS OVER $489,000
  • 14 Dec 2023
    Listed for Rent $420 / week
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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 101.14% increase in median value, while Units have seen a 143.67% increase. As at 30 November 2024:

  • The median value for Houses in North Booval is $580,250 while the median value for Units is $529,927.
  • Houses have a median rent of $505 while Units have a median rent of $365.
There are currently 22 properties listed for sale, and 3 properties listed for rent in North booval on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in North booval.

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