16 Federal St, Oakey is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1179m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
This quaint cottage is located in quiet residential street in the growing township of Oakey just a short stroll from the busy town centre and local schools & parks. Oakey has plenty on offer, it boasts all the charm and sense of community you'd expect from a country town with the added appeal of a strong and diverse employment base.
Home to the Oakey Aviation base, Oakey Beef Exports, just 20 minutes' drive form the Acland Coal Mine, 17 minutes from the Wellcamp Airport and thriving Wellcamp Industrial Park and only 25 minutes from Toowoomba – opportunities abound!
The cottage is nestled at the very rear of a generous 1179m2 block and has been called home by a lovely tenant for the past 9 years (she would love to stay) with a lease in place @ $250pw till the 14th of September 2024. Neat, sweet and complete the cottage comprises a cosy living space, country style kitchen, one bedroom and a tidy bathroom. Outdoors there is a 6 x 6 garage and a second shed which is home to the laundry and plenty of storage space. The large block also comes with plenty of options and the location of the cottage to the back boundary leaves plenty of room for another dwelling (subject to Council approval) – lots to think about but you'll have to be quick at this price as this represents real value for the new investor or the owner occupier who could move in next year!
- Cosy living space
- Country style kitchen
- Neat bathroom
- 6 x 6 Garage
- Shed housing the laundry and loads of storage space
- 1179m2 block
- Lovely long-term tenant in place who'd love to stay
- Rented @ $250pw till 14th September 2024
- Rates $ 988.72 ½ year net
- Water access $315.29 ½ year net
Disclaimer: Neither the vendors nor The Real Estate People (Including its agents, directors, associated entities or legal assigns) either jointly or severally give any warranty, and no warranty is implied, as to correctness, accuracy or worth of the information contained herein. No representations are made or implied as to value, worth or suitability (for any purpose whatsoever) of the property as described herein. It is recommended that prospective purchasers ascertain the validity of any information or particulars contained herein prior to making any financial decisions based thereon.
E&OE.
The size of Oakey is approximately 127 square kilometres. It has 9 parks covering nearly 0.6% of total area. The population of Oakey in 2011 was 4,528 people. By 2016 the population was 4,721 showing a population growth of 4.3% in the area during that time. The predominant age group in Oakey is 10-19 years. Households in Oakey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Oakey work in a labourer occupation. In 2011, 62.7% of the homes in Oakey were owner-occupied compared with 60.4% in 2016.
Oakey has 2,282 properties. Over the last 5 years, Houses in Oakey have seen a 145.51% increase in median value, while Units have seen a 45.00% increase. As at 31 August 2024:
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