OFF MARKET

23/8 Tonga Place
Parkwood QLD 4214

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 72m2
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Property Details for 23/8 Tonga Pl, Parkwood

23/8 Tonga Pl, Parkwood is a 3 bedroom, 3 bathroom Unit and was built in 2002. The property has a land size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2002
Land Size
72m2
Local Government
Gold Coast City
Lot/Plan
23/SP146782

Last Listing description (February 2024)

This extremely well presented 'Student Only' accommodation in the University Village complex in Parkwood is situated 500 metres to Griffith University, Gold Coast University Training College and the light rail station.

The unit comprises of 3 individual bedrooms, each with ensuites and a shared kitchen, lounge and dining area.

Try to beat these returns of approximately 7% net, annually, on your investment, making it perfect for a Superannuation Fund or simply a great income stream.

The unit itself comes fully furnished with 1 secure undercover car park space. The light rail is only minutes away along with regular Surfside Bus services, medical centres, pharmacy, restaurants, take away food shops, Parkwood Tavern and the Smith Collective shopping and dining precinct.

Each room comes fully furnished with internet and facilities such as separate telephone lines where individual accounts can be established.

The common area and kitchen are both open plan, spacious and come fully equipped.

The complex has a huge swimming pool, BBQ area, undercover parking and a communal laundry and onsite manager.

Rarely available and will sell quick at this price.

Features:
? 3 Bedrooms all ensuited
? Open plan kitchen, dining and lounge
? Fully furnished
? Student only accommodation
? Each room is individually leased
? Fantastic amenities, pool, BBQ area
? 500m to Griffith University, Gold Coast University Hospital Training College, shops, dining and public transport

DISCLAIMER: Lucy Cole Prestige Properties and its agents in preparing this marketing have used our best endeavours to ensure the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may inadvertently occur. Prospective purchasers should make their own enquiries and due diligence to verify the information contained herein.

Property History for 23/8 Tonga Pl, Parkwood, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$399,000
10 Jul 2023
  • 10 Jul 2023
    Sold for $399,000
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 05 Mar 2020
    Listed for Sale Expression of Interest
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About Parkwood 4214

The size of Parkwood is approximately 5.6 square kilometres. It has 7 parks covering nearly 20.3% of total area. The population of Parkwood in 2011 was 8,436 people. By 2016 the population was 8,700 showing a population growth of 3.1% in the area during that time. The predominant age group in Parkwood is 20-29 years. Households in Parkwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkwood work in a professional occupation. In 2011, 70.6% of the homes in Parkwood were owner-occupied compared with 66.9% in 2016.

Parkwood has 3,096 properties. Over the last 5 years, Houses in Parkwood have seen a 85.87% increase in median value, while Units have seen a 101.90% increase. As at 31 October 2024:

  • The median value for Houses in Parkwood is $1,170,331 while the median value for Units is $717,390.
  • Houses have a median rent of $850 while Units have a median rent of $495.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Parkwood on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Parkwood.

Suburb Insights for Parkwood 4214

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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.