OFF MARKET

85/3 Mclennan Court
North Lakes QLD 4509

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 99m2
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Property Details for 85/3 Mclennan Ct, North Lakes

85/3 Mclennan Ct, North Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 99m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2016
Floor Size
80m2
Land Size
99m2
Local Government
Moreton Bay
Lot/Plan
85/SP276797

Last Listing description (August 2023)

Team Wilkie & Lachlan Muir welcome you to your dream unit with stunning views...... 85/3 Mclennan Court, North Lakes.

This beautifully run complex located in the heart of North Lakes with amazing amenity in the immediate vicinity won't last long.

Managed and run by the on-site service, this expansive building is maintained to an extremely high standard and provides its residents with fabulous facilities including a communal area with large swimming pool and sunloungers, a recreational room and a fully equipped gymnasium.

This beautiful 2-bedroom, 2-bathroom unit is the perfect place to call home. With a spacious open-plan living area, this unit is property is perfect for first-time buyers, small families or investors looking for a low-maintenance investment.

As you enter the property, you'll be greeted by a open-plan living and dining area that is perfect for entertaining. The study is sure to impress anyone looking to work from home. The kitchen is modern and well-appointed, featuring stainless steel appliances, stone benchtops and plenty of storage space.

The bedrooms are both generously sized, with built-in wardrobes and plenty of natural light. The master bedroom features an ensuite bathroom, while the second bedroom is serviced by a separate bathroom. The unit also boasts a large private balcony, the perfect place to relax and unwind after a long day.

The property comes with a single undercover parking space, with a cage storage to secure all items unwanted in the unit.

Located in the heart of North Lakes, this property is within walking distance of local shops, cafes, and restaurants. It's also just a short drive to Westfield North Lakes, Costco, and the Bruce Highway, making it a convenient location for commuters.

This property presents an exceptional opportunity for those seeking both a comfortable & superbly appointed residence and a lucrative investment.

Currently tenanted until January 2024, this property offers a fantastic weekly return of $415 per week to excellent tenants, making it an ideal prospect for astute investors looking to add to their portfolio. With such an attractive rental yield, this home practically pays for itself.

Features include:

Separate study
Carpeted bedrooms with built in robes & ceiling fans
Spacious Air-conditioned open plan living & dining leading out to the huge balcony
Single vanity with storage in both bathrooms
Ceiling fans throughout
Extended balcony
Storage in living/dining
Laundry
Electric Appliances
Carport cage storage
Communal swimming pool
Recreational room
Gymnasium

Schools

North Lakes State College - Prep to year 12 (2 min drive)
The Lakes College Private (3 min drive)
St Benedict's Catholic Primary School (5 min drive)
St Benedict's Catholic College (5 min drive)

Short Drive

Mango Hill Train Station

Bunnings & Costco

Ikea & Westfield Shopping Centre

North Lakes Sports Club

Distances

Brisbane CBD approx 40 min drive

Brisbane Airport approx 25 mins

Sunshine Coast approx 55 min drive

Property History for 85/3 Mclennan Ct, North Lakes, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$410,000
09 Jun 2023
Listed for Rent
$400/w
01 Feb 2022
  • 09 Jun 2023
    Sold for $410,000
  • 31 May 2023
    Listed for Sale Offer Above $399,000
  • 20 Dec 2021
    Listed for Rent $400 / week
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About North Lakes 4509

The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of total area. The population of North Lakes in 2011 was 15,045 people. By 2016 the population was 21,670 showing a population growth of 44.0% in the area during that time. The predominant age group in North Lakes is 0-9 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation. In 2011, 61.9% of the homes in North Lakes were owner-occupied compared with 54.8% in 2016.

North Lakes has 9,148 properties. Over the last 5 years, Houses in North Lakes have seen a 85.26% increase in median value, while Units have seen a 77.89% increase. As at 30 November 2024:

  • The median value for Houses in North Lakes is $931,802 while the median value for Units is $617,504.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 40 properties listed for sale, and 102 properties listed for rent in North lakes on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in North lakes.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.