324/120 Melton RoadNundah QLD 4012
Property Details for 324/120 Melton Rd, Nundah
324/120 Melton Rd, Nundah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 74m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Nundah in the last 12 months.
Last Listing description (March 2024)
Don't miss out on this perfect inner-city oasis located in the heart of Nundah. Whether you're a first-time buyer or looking to expand your investment portfolio, this gorgeous two-bedroom apartment offers an exciting opportunity. Designed with a contemporary aesthetic and a focus on urban living, it provides a city feel without the high price tag. This two-bedroom apartment is set on the 3rd level of the sophisticated Park Vue complex.
Featuring modern amenities and a spacious layout, this stunning apartment is sure to impress. The key features include:
-Expansive living and dining area seamlessly connected to a balcony, ideal for entertaining
-Master bedroom with balcony access, built-in wardrobe, and air-conditioning
-Adjoining large covered balcony with glass sliding doors, offering attractive views and ample space for outdoor entertaining
-Second bedroom with mirrored built-in wardrobe, perfect as a home office or guest room
-Air-conditioning in the living room, blinds, and security screens throughout, with ceiling fans in both bedrooms
-Secure basement-level car park with lift access and additional visitor parking
-Access to the communal in-ground pool and barbecue area
This apartment presents an excellent opportunity for professionals, downsizers, and investors, with a strong rental return and low vacancy rates. Residents can enjoy the complex's stunning amenities, including the swimming pool, spa deck, barbecue area, and the assistance of friendly experienced managers.
The current lease ends on 20 Jun 2024, with a rental income of $440 per week. The rent will be increased to to $550 per week after the lease expiry, or even higher depends on the variable market.
Location-wise, this apartment offers convenience and accessibility:
-Just 10km from Brisbane CBD
-A short stroll to Nundah Village, cafes, and dining options
Nundah Rail and bus services within walking distance
-Brisbane Airport and DFO just a 10-minute drive away
-Easy access to walk/bike ways leading to Kalinga Park and Nudgee Beach
-A variety of quality schools located nearby
For further information or to arrange an exclusive viewing, please contact Isabella on 0431 698 108.
Disclaimer:
We have taken great care to ensure the accuracy of the information provided in this advertisement, but we accept no responsibility for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should conduct their own inquiries to verify the details provided in this advertisement.
Property History for 324/120 Melton Rd, Nundah, QLD 4012
- 06 Feb 2024Sold for $475,000
- 08 Jan 2024Listed for Sale Offer from $455,000
- 15 Mar 2023Listed for Sale Not Disclosed
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About Nundah 4012
The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2011 was 10,386 people. By 2016 the population was 12,150 showing a population growth of 17.0% in the area during that time. The predominant age group in Nundah is 20-29 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation. In 2011, 43.8% of the homes in Nundah were owner-occupied compared with 40% in 2016.
Nundah has 8,272 properties. Over the last 5 years, Houses in Nundah have seen a 61.43% increase in median value, while Units have seen a 81.22% increase. As at 31 October 2024:
- The median value for Houses in Nundah is $1,116,678 while the median value for Units is $661,500.
- Houses have a median rent of $600 while Units have a median rent of $560.
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