OFF MARKET

27 Glenmorris Street
Norville QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 83m2
Land area: 809m2
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Property Details for 27 Glenmorris St, Norville

27 Glenmorris St, Norville is a 0 bedroom, 0 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 809m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1970
Floor Size
83m2
Land Size
809m2
Local Government
Bundaberg Regional
Lot/Plan
3/RP47236

Last Listing description (September 2021)

Call Exclusive Marketing Agent Michael Loader direct to ensure you are fully informed on this awesome investment opportunity returning over 8%, 5 times better than bank interest with multiple incomes!

This cash cow would make the ideal long-term investment for the savvy investor/ super fund portfolio with a combination of positive cash flow and location, it's a no brainer!

Featuring:

- 2 x 2 Bedroom brick units, both have a single bathroom and are generous size

- Sound construction, hardwood framed, very neat and tidy with large yards & additional front balcony for the morning coffee

- Each unit has been updated as required over the years including paint, built ins and general maintenance. No existing maintenance required just sit back and enjoy a stress free income.

- Generous sized bedrooms and living areas, a sizeable home style internal layout, separate lounge area

- Large Centrally located kitchen featuring, loads of storage and finished off with quality appliances (gas cooking)

- Long term fixed tenants in place whom present the units exceptionally well

- Both units are currently returning $240 per week each on a fixed term lease ($480 as a whole newly resigned long term) until January 2022 and July 2022 + the commercial shed at $155 per week (long term tenants of 15+ years). That's a whopping $635 per week or $33,020 per year secure income guaranteed!

- Both units have a great sized yard and garden areas for the tenants to enjoy. A corner block allows room to move and for the garden to flourish

- Both units feature Attached Single lock-up garage and further off street parking for 2+ vehicles

- Large 809m2 corner allotment, dual street access, full concrete mow strips to the perimeter, colour bond privacy fencing,

- Great handy location just 200m to the TAFE, shops at your front door + Bus stop meaning your investment is always going to rent with ease. The property has always been fully tenanted over the past 15 years proving very popular for both location and ease of access to the CBD

- Very Quiet, secure and safe location within walking distance to all amenities, all hospitals and medical hub.

- Throw away the car keys here walk everywhere, inner city living at its finest! Train station is also just near by and well within walking distance along with friendlies private hospital, new medical super clinic and a variety of shops and schooling options

- 1 x COMMERCIAL SHED also on the title which has been rented by the same long term tenant for in excess of 12 years, the shed currently returns $155 per week. Fully air conditioned and powered and a long-term base for a successful local business. Amazing income with no stress and a great loyal tenant.

- THIS AMAZING DUPLEX & COMMERCIAL SHED IS OFFERS A WHOPPING COMBINED RETURN OF $635 per week, which is $33,020 per annum making this investment CASH FLOW POSITIVE and ABSOLUTE BARGAIN IN ANYONE'S LANGUAGE!

- All three dwellings are on 1 title meaning cheap Rates approx. $1750 p/h

- Why would you sell such a dream investment some may ask?? My Owners are moving forward with plans north and cashing in their portfolio, meaning an outstanding opportunity presents itself for one lucky buyer!

- Rare as hens teeth, nowhere else in 4670 will you find such a solid positive geared investment property with multiple income and such quality tenancies in place!

- Ideal super fund nest egg/ straight out investment property with the ability to value add down the track.

- 100% FLOOD FREE, HIGH AND DRY & NOTHING TO DO!

IF YOU HAVE BEEN SEARCHING FOR A GREAT LONG TERM INVESTMENT OPTION COMBINING POSITIVE CASH FLOW WITH A SUPERB LOCATION, THIS IS IT! PRICED FOR IMMEDIATE SALE THIS ONE WILL GET SOME SERIOUS INTEREST SO BE QUICK THE OWNERS WANT TO DO A DEAL ASAP

***FOR FURTHER INFORMATION, OPEN TIMES & ADDITIONAL PHOTOS VISIT www.loadersproperty.com.au*** CONTACT EXCLUSIVE MARKETING AGENT MICHAEL LOADER TODAY TO ARRANGE YOUR INSPECTION OR TO SUBMIT YOUR OFFER!

*The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters*

Property Code: 234

Property History for 27 Glenmorris St, Norville, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$400,000
11 Aug 2021
Listed for Rent
$210/w
01 Feb 2018
  • 11 Aug 2021
    Sold for $400,000
  • 14 Jul 2021
    Listed for Sale Offer's Above - $399,000
  • 28 Sep 2018
    Sold for $379,000
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About Norville 4670

The size of Norville is approximately 3.5 square kilometres. It has 7 parks covering nearly 12.1% of total area. The population of Norville in 2011 was 2,556 people. By 2016 the population was 2,394 showing a population decline of 6.3% in the area during that time. The predominant age group in Norville is 50-59 years. Households in Norville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norville work in a labourer occupation. In 2011, 67.6% of the homes in Norville were owner-occupied compared with 65.4% in 2016.

Norville has 1,322 properties. Over the last 5 years, Houses in Norville have seen a 121.62% increase in median value, while Units have seen a 129.38% increase. As at 31 October 2024:

  • The median value for Houses in Norville is $464,347 while the median value for Units is $424,970.
  • Houses have a median rent of $535 while Units have a median rent of $305.
There are currently 2 properties listed for sale, and 1 property listed for rent in Norville on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Norville.

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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.