SOLD
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Sold on 06 Feb 2024 for $390,000

46 Findlater Street
Oonoonba QLD 4811

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1012m2
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Property Details for 46 Findlater St, Oonoonba

46 Findlater St, Oonoonba is a 4 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom Apartment sold in Oonoonba in the last 12 months.

Building Type
Apartment
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
394/RP705902

Last Listing description (February 2024)

A classic Queenslander duplex offering incredible returns on the doorstep of the CBD.

Need Property is proud to present 46 Findlater Street, Oonoonba.

Proudly situated in a quiet residential street surrounded by quality homes this turn of the century abode began life as a palatial character residence that has now been transformed into 2 spacious units; each with its own sense of history.

Unit 1 is fully renovated and current leased for $350 per week on a fixed term tenancy.
Unit 2 is in original condition and current leased at $200 per week on a periodic lease.

Need To Knows:
* Each unit offers 2 bedrooms and 1 bathroom
* Individually fenced yards
* 2 undercover secure car parking for each unit
* Ample storage/workshop space
* Solid and robust construction
* Council easement to the rear of the property means less maintenance for the tenants
* Rates: Approx. $2770.00 per half year
* Rent returns: $550.00 per week.
* Current Landlords Insurance: $4,075.00 per annum (approx)

The Position

A serene suburb that seamlessly blends urban convenience with a touch of natural beauty. Nestled in the heart of Townsville, Queensland, Oonoonba offers a tranquil lifestyle within close proximity to essential amenities.

This charming neighbourhood boasts tree-lined streets while still being just a short drive away from the vibrant Townsville city centre.

Oonoonba is well-connected, providing easy access to schools, shopping centres, parks, and recreational facilities.

Just a short 10 min drive to major employers such as James Cook University, Townsville Hospital and Lavarack Army Barracks.

The property for sale is strategically located, offering the perfect balance between privacy and community.

The Opportunity:

This property makes so much sense for those looking to add to their existing portfolio or perhaps first time investors looking to get onto the property ladder.

With immediate returns enjoyed plus the added benefit of increases your yield through renovation of Unit 2 to match Unit 1 it is easy to see why this property is sure to be very popular.

Get in touch today to register your interest with Luke on 0432 773 223 or Kya on 0432 486 900.

Property History for 46 Findlater St, Oonoonba, QLD 4811

A timeline of how this property has performed in the market
Last Sold
$390,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $390,000
  • 30 Jan 2024
    Listed for Sale High $300,000s
  • 22 Dec 2022
    Sold for $299,000
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About Oonoonba 4811

The size of Oonoonba is approximately 2.5 square kilometres. It has 1 park covering nearly 1.5% of total area. The population of Oonoonba in 2011 was 1,154 people. By 2016 the population was 1,691 showing a population growth of 46.5% in the area during that time. The predominant age group in Oonoonba is 20-29 years. Households in Oonoonba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oonoonba work in a professional occupation. In 2011, 62.5% of the homes in Oonoonba were owner-occupied compared with 55.6% in 2016.

Oonoonba has 1,304 properties. Over the last 5 years, Houses in Oonoonba have seen a 59.65% increase in median value, while Units have seen a 45.51% increase. As at 31 July 2024:

  • The median value for Houses in Oonoonba is $513,847 while the median value for Units is $361,900.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 5 properties listed for sale, and 8 properties listed for rent in Oonoonba on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Oonoonba.

Suburb Insights for Oonoonba 4811

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Luke Need
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Kya Faust
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Need Property
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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.