26 Ryans RoadNorthgate QLD 4013
Property Details for 26 Ryans Rd, Northgate
26 Ryans Rd, Northgate is a 12 bedroom, 12 bathroom Unit with 10 parking spaces and was built in 1940. The property has a land size of 783m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in November 2009.
Last Listing description (February 2022)
Take a look at this incredible design for ten units (two by two bedrooms and eight by one bedrooms), which is another masterpiece from Kevin Hayes Architects. The development is ideal for the area and is reflective of the demand for housing of this style so close to the train station.
The existing house that has 4 bedrooms with a modern bathroom and kitchen has been incorporated into the development and will be raised and renovated to comprise of two by two bedroom units, one up and one down. Both of these units have a bathroom, master with ensuite, built-in robes in each bedroom and a private deck at the front.
The bulk of the development further consists of eight by one bedroom units that each have a built-in robe and a large private deck for entertaining. A popular accommodation style for renting or selling the individual units.
Your options here are for profit or investment. Selling the individual units will be a breeze considering the location of the property is 200 metres to the train station, within ten kilometres from the City and surrounded by local shops and shopping centres. On the other hand if you build and rent out all ten units, you are guaranteed to secure your money in a reliable cash cow.
Unique developments like this are very rare and a design of this calibre offers an attractive opportunity so act quickly. Call Coronis Realty for the development approval, plans or more information on this property.
Property History for 26 Ryans Rd, Northgate, QLD 4013
- 02 Feb 2022Listed for Sale $749,000
- 30 Nov 2009Sold for $730,000
- 29 Nov 2008Listed for Rent - Price not available
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About Northgate 4013
The size of Northgate is approximately 3.3 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Northgate in 2011 was 4,304 people. By 2016 the population was 4,553 showing a population growth of 5.8% in the area during that time. The predominant age group in Northgate is 20-29 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation. In 2011, 54.6% of the homes in Northgate were owner-occupied compared with 52.7% in 2016.
Northgate has 2,762 properties. Over the last 5 years, Houses in Northgate have seen a 81.24% increase in median value, while Units have seen a 79.37% increase. As at 31 October 2024:
- The median value for Houses in Northgate is $1,194,752 while the median value for Units is $644,051.
- Houses have a median rent of $630 while Units have a median rent of $535.
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