31 Sapsford St, Northgate is a 12 bedroom, 6 bathroom House with 6 parking spaces. The property has a land size of 667m2.
On the market for the first time, this strata-titled 6-unit complex presents an excellent investment opportunity in an elevated pocket of Northgate close to transport and amenities.
Owned by the original builder and being sold as a complete block, the property boasts solid 1970s brick construction on a 700sqm corner site.
Fully tenanted, the low-maintenance building comprises 6x 2-bedroom, 1-bathroom, 1-garage units, each featuring functional kitchens, open-plan living and balconies.
Just 18 minutes from the CBD, the building provides an outstanding location close to amenities. Northgate train station is 500m away, and cafes and restaurants are within easy walking distance.
Tenants can travel 1.6km to Nundah Village, featuring Woolworths, medical centres, shopping, dining and weekend markets. Excellent recreation space is also nearby, including parks, playgrounds, Kedron Brook Bikeway and Nudgee Golf Course.
Property features:
+ Strata-titled 6-unit complex built in 1976
+ Solid brick construction on a 702sqm corner block
+ 6x 2-bedroom, 1-bathroom, 1-garage units
+ Open-plan living areas and balconies
+ Functional kitchens and storage
+ Lock-up garages with laundries
+ Low-maintenance building and grounds
+ 500m from Northgate train station
+ 1.6km to Nundah Village with Woolworths
+ 3.7km to Australian Catholic University
+ 10 mins to Nudgee College
+ 18 mins to CBD and 12 mins to Brisbane Airport
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 2,771 properties. Over the last 5 years, Houses in Northgate have seen a 63.08% increase in median value, while Units have seen a 56.02% increase. As at 31 July 2024:
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