1 Mcgreavy StreetOne Mile QLD 4305
Property Details for 1 Mcgreavy St, One Mile
1 Mcgreavy St, One Mile is a 5 bedroom, 1 bathroom House with 3 parking spaces and was built in 1994. The property has a land size of 750m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (November 2023)
Well here is your chance and you are going to need to move quickly or you are going to miss out!
This is potentially your one and only chance to double your profits by securing this brick 5 bedroom family home that gives you the opportunity to:
(1) Significantly increase its value/equity by renovating the home; and
(3) Increase the rent for high yielding property with low upfront investment
(4) Use the equity to purchase another property and grow your investment portfolio
(5) Hold the home to live, the choice is your!
This is an incredibly rare opportunity as very rarely do we get an opportunity to offer a large family home you can renovate and increase its value and have so many options to make some serious money or grow your rental portfolio at a very affordable price.
For the savvy investor looking to further increase their portfolio or looking for their first, the home is currently tenanted with the tenants paying $340 per week and currently on a periodic lease. We have a current rental appraisal on the home at $430-$460 per week.
The existing family home is really quite large and all the living areas and all five bedrooms are of good size. The kitchen has a great ergonomic layout with all the electric appliances that you would expect to have in a modern home. Featuring a separate dining and lounge, internal laundry, large alfresco area and 2 large carports.
The property has two-street frontage and with the installation of a gate it provides you side yard access to the massive carport and storage shed. Previously there was an inground pool but has since been removed. You could put a pool back in or fill in the area to reclaim the space back as a grassed area for kids and pets to run and play in the safety of your fully fenced 750sqm block.
The home is within easy walking distance of the Immaculate Heart Private Primary School? how convenient is that? The Leichhardt State Primary School is located just down the road along with Leichhardt Community Shopping Centre and Swimming Complex and the Ipswich Country Club. You are less than 3 kilometres from the Ipswich CBD and there is bus transport to get you into the Ipswich CBD and electric Train Station or the Riverlink Shopping Development. It is also within a few short minutes of the new Yamanto Central shopping Development.
Homes that are this big, with this much potential and at this super affordable price rarely come to the market.
There is no time to waste when it comes to this rare and ready to live in or rent out family home. It is perfect for investors or anyone who just wants to make some money, young couples just getting started, mature couples looking to downsize and have a place to park the caravan and call home and for everyone else in between. You will need to be quick or it will be gone!
Most importantly, there is one more compelling reason to buy this feature packed and renovator family home - it has been priced to sell quickly at Offers Over $349,000.
Call Corey Athanates to book an inspection today!
DISCLAIMER: Revolution Property Group has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Property History for 1 Mcgreavy St, One Mile, QLD 4305
- 22 Jun 2023Sold for $390,000
- 30 May 2023Listed for Sale OFFERS OVER $349,000
- 03 Jun 1996Sold for $35,000
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0About One Mile 4305
The size of One Mile is approximately 1.9 square kilometres. It has 10 parks covering nearly 19.2% of total area. The population of One Mile in 2011 was 1,992 people. By 2016 the population was 2,057 showing a population growth of 3.3% in the area during that time. The predominant age group in One Mile is 0-9 years. Households in One Mile are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in One Mile work in a labourer occupation. In 2011, 52.5% of the homes in One Mile were owner-occupied compared with 52.7% in 2016.
One Mile has 944 properties. Over the last 5 years, Houses in One Mile have seen a 126.86% increase in median value, while Units have seen a 86.37% increase. As at 31 October 2024:
- The median value for Houses in One Mile is $559,044 while the median value for Units is $412,524.
- Houses have a median rent of $450 while Units have a median rent of $260.
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