OFF MARKET

5 Seventeenth Avenue
Parkside QLD 4825

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 61m2
Land area: 954m2
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Property Details for 5 Seventeenth Ave, Parkside

5 Seventeenth Ave, Parkside is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1960. The property has a land size of 954m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1960
Floor Size
61m2
Land Size
954m2
Local Government
Mount Isa
Lot/Plan
83/MPH14004

Last Listing description (January 2014)

Cash cow while you renovate
Just listed for sale is this fantastic opportunity to invest for the future whilst earning an income!
Situated on a 954m2 block are 2 x 2 bedroom duplex's & 2 x 1 bedroom duplex's.

The rear duplex's are fully tenated for a total of $580 /week. Unit 3 is renovated with tiled floors , modern kitchen and bathroom. Unit 4 could do with an update but still renting well. This is a fantastic return for the price!
The duplex ( 2 units ) at the front of the property is where the opportunity lies. Best suited for demolition, at this price you could either re-build or move modular apartments/house onto the block STCA. There is excellent opportunity for recovering previously renovated items eg air conditioning.
The current owners have done their homework and we have engineer reports and pest reports for interested parties.
2 x 2 bedroom duplex
2 x 1 bedroom duplex
Carport for each apartment
Currently earning $30,160 for 2 units
Opportunity to build brand new duplex STCA
Property Code: 519

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Property History for 5 Seventeenth Ave, Parkside, QLD 4825

A timeline of how this property has performed in the market
Last Sold
$460,000
11 Nov 2022
  • 11 Nov 2022
    Sold for $460,000
  • 04 Feb 2014
    Sold for $320,000
  • 28 Jan 2014
    Listed for Sale 380000
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About Parkside 4825

The size of Parkside is approximately 1.5 square kilometres. It has 7 parks covering nearly 12% of total area. The population of Parkside in 2011 was 1,784 people. By 2016 the population was 1,519 showing a population decline of 14.9% in the area during that time. The predominant age group in Parkside is 20-29 years. Households in Parkside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkside work in a trades occupation. In 2011, 53.1% of the homes in Parkside were owner-occupied compared with 48.2% in 2016.

Parkside has 861 properties. Over the last 5 years, Houses in Parkside have seen a 15.67% increase in median value, while Units have seen a -0.50% decrease. As at 30 November 2024:

  • The median value for Houses in Parkside is $255,156 while the median value for Units is $306,865.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 3 properties listed for sale, and no properties listed for rent in Parkside on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Parkside.

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