OFF MARKET

28 Morfantaine Terrace
Parkwood QLD 4214

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 230m2
Land area: 638m2
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Property Details for 28 Morfantaine Tce, Parkwood

28 Morfantaine Tce, Parkwood is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 638m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Year Built
1994
Floor Size
230m2
Land Size
638m2
Local Government
Gold Coast City
Lot/Plan
22/RP230737

Last Listing description (October 2017)

The timing couldn't get any better!! Now is the time to purchase this wonderful property in a sensational location only a stones throw away to the renown Parkwood International Golf Course and Parkwood Village. Vendors have advised they have officially purchased elsewhere and fortunately for the buyers slashed the asking price for an immediate sale!
The property boasts a multitude of indoor and outdoor living entertaining areas, usable large bedrooms, solar electricity and hot water systems plus so much more a large family would want and need for a comfortable lifestyle to create your own joyful memories to cherish together.
The lower level features a private self-contained full floor granny flat with separate entrance. Spacious lounge area, good size kitchen and dining area, separate bathroom, large bedroom with built-in wardrobe and a concealed built- in laundry area. Perfect AirBNB cash-flow generating accommodation leading up to next years Gold Coast 2018 Commonwealth Games or simply for your loved ones to enjoy their own private self-contained accommodation.

Estimated permanent rental return = $800 - $850 per week
Estimated rental returns if floors or rooms rented separately = $950 - $1,100+* per week
- Four bedrooms with built in robes and ceiling fans
- Master bedroom with double built in wardrobes and ensuite
- A beautiful kitchen with stainless steel appliances and island bench
- The dining area flows out to a huge undercover entertainment patio
- Spacious separate open plan formal living and dining area
- Separate bathroom and laundry room with ample cupboards
- Split system air-conditioning in the living and master bedroom
- Spacious double lock-up garage with internal access
- 1.5KW Solar panels; 3000L rain-water tank
- Separate undercover outdoor alfresco entertaining areas
- Inviting in-ground salt water swimming pool with gazebo
PLUS! A bonus private huge undercover work-station for the handy person with built-in work benches and ample storage for all your tools and more.
Perfectly positioned and located within close and walking proximity to major amenities, schools and infrastructure such as the renowned Parkwood Village Home of the Gold Coast Titans , Griffith University, Parkwood International Golf Course, Gold Coast University Hospital and the Proposed Parkwood East Light Rail Tram Station.
Motivated Sale! A Must See Property For Savvy Investors and All Extended Families!
Disclaimer: We have in preparing this information used our best endeavours to ensure that 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 occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 28 Morfantaine Tce, Parkwood, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$720,000
09 Aug 2017
  • 09 Aug 2017
    Sold for $720,000
  • 10 May 2017
    Listed for Sale Contact Agent
  • 14 Feb 2002
    Sold for $315,000
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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 3,098 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 26 properties listed for sale, and 6 properties listed for rent in Parkwood on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Parkwood.

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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.