217 Bridge StreetOakey QLD 4401
Property Details for 217 Bridge St, Oakey
217 Bridge St, Oakey is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 911m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Oakey in the last 12 months.
Last Listing description (March 2024)
217 Bridge is an investors dream. This low maintenance property is currently tenanted at a whopping $400 per week!
On top of the incredible residential return on investment, this property is also zoned as “Industry” – allowing the smart investor to continue capitalising in the ever-evolving community.
However, this opportunity is not just closed off to the investor. This is the perfect springboard for a first home buyer or owner occupier with immediate need for a residence but aspires to build a residential or commercial portfolio with solid foundations.
Features include:
- Open plan kitchen and living area.
- Generously sized bathroom including a bathtub and separate shower.
- Laundry
- Large garage
- 911m2 block
- Unlimited opportunities
Oakey is located approximately 30km from Toowoomba and 60km from Dalby. This reliable country town has deep foundations provided by the strong rural based industry that has supported the growth and development of Oakey for generations. The town boasts an abattoir, cattle feedlots, stockfeed manufacturing and processing, grain trading, and transport businesses.
Oakey is widely known for the Swartz Barracks, formerly known as the Oakey Army Aviation Centre, which hosts the Republic of Singapore Airforce Oakey Helicopter Group. The Barracks also provide officers and soldiers with practical on-the-job aviation training.
Oakey’s history rich military history is highlighted and on show at the Army Flying Museum located within minutes of the town.
On top of all this - within 10kms of Oakey is the newly expanded Acland coal mine which provides another stream of opportunity for the surrounding local communities. It is reported that the expansion that begun in late 2022 received over 1,000 expressions of interest for potential employment at the time.
This property is bursting with opportunity, don’t let it be the one that got away!
LAND SIZE: 911 sqm* Approx.
GENERAL RATES: $1,028.61 NET Half Yearly Approx.
WATER RATES: $349.55 NET Half Yearly Approx.
GENERAL TENANCY AGREEMENT: This property is currently tenanted with an agreement in place until June 2024.
To arrange an inspection or learn more, contact Jack Connolly on 0407 840 725
Property History for 217 Bridge St, Oakey, QLD 4401
- 06 Mar 2024Sold for $295,000
- 24 Mar 2023Listed for Sale Interest Over $295,000
- 09 Dec 2022Listed for Sale $269,500
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About Oakey 4401
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 2,280 properties. Over the last 5 years, Houses in Oakey have seen a 134.02% increase in median value, while Units have seen a 35.43% increase. As at 30 November 2024:
- The median value for Houses in Oakey is $460,166 while the median value for Units is $310,615.
- Houses have a median rent of $400 while Units have a median rent of $300.
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