OFF MARKET

8 Balonne Street
Plainland QLD 4341

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 602m2
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Property Details for 8 Balonne St, Plainland

Building Type
Land
Land Size
602m2
Local Government
Lockyer Valley Regional
Lot/Plan
492/SP326589

Last Listing description (September 2024)

Discover an exceptional investment opportunity with these newly constructed SDA (Specialist Disability Accommodation) approved duplexes, perfectly suited for Supported Independent Living (SIL).

- Price Circa. $600,000 PER SIDE OF DUPLEX, both sides of duplex are available together or separately (strata titled)

- Duplexes are SDA (specialist disability accommodation) Approved Homes Homes suitable for SIL (supported independent living)

- Each side built with 3 bedrooms which can facilitate 2 Client rooms and 1 Carer's room

- Each side with 2 bathrooms

- As per SDA Calculator, the potential income is as follows RATES ARE PER SIDE

? SDA Single room with only 1 resident in 3 bedroom duplex (1 room allocated for carer) $72,000* - $75,000*

? SDA Single room, with 2 residents in 3 bedroom duplex (1 room allocated for carer) $51,500* per tenant, totaling $103,000* annually

TOTAL POTENTIAL INCOME FOR SINGLE DUPLEX = $72,000* - $103,000*

TOTAL POTENTIAL INCOME FOR BOTH DUPLEXES = $144,000* - $206,000*

- Properties are nearly ready for handover from Australian Homes, Broadbeach. Building manager confirmed that title separation will happen as soon as the houses are handed over.

- Properties are currently vacant

- Property is 'Robust Construction' (see plans attached)

Area Details:

- 4* minutes to the center of Plainland, with all manner of conveniences at your fingertips! Supermarkets, boutique shopping, healthcare, restaurants & cafes, schools, entertainment and more.

- 12* minutes to Laidley

- 35* minutes to Ipswich

- 45* minutes to Toowoomba

- Easy access to public transport and also to the Warrego Highway for multiple travel options

The information provided in this email is based on the details supplied to us. Please note that we are not SDA consultants or SIL providers. It is essential for clients to conduct their own research to ensure that the property meets all relevant standards and approvals. We strongly recommend verifying all information independently, including compliance with applicable regulations and potential funding amounts.

If you have any specific questions regarding SDA or SIL requirements, please seek advice from qualified professionals in those fields.

*Approximate

Disclaimer:
All information provided is correct to the best of our ability. While we strive to ensure accuracy, we recommend that interested parties verify all details independently before making any decisions. Please contact the listing Agent for the most up-to-date and accurate information about the property.

Property History for 8 Balonne St, Plainland, QLD 4341

A timeline of how this property has performed in the market
Last Sold
$279,000
17 Jan 2023
  • 28 Aug 2024
    Listed for Sale Not Disclosed
  • 17 Jan 2023
    Sold for $279,000

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About Plainland 4341

The size of Plainland is approximately 22.3 square kilometres. The population of Plainland in 2011 was 1,671 people. By 2016 the population was 1,586 showing a population decline of 5.1% in the area during that time. The predominant age group in Plainland is 0-9 years. Households in Plainland are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Plainland work in a trades occupation. In 2011, 71.6% of the homes in Plainland were owner-occupied compared with 78.5% in 2016.

Plainland has 1,144 properties. Over the last 5 years, Houses in Plainland have seen a 115.28% increase in median value. As at 30 November 2024:

  • The median value for Houses in Plainland is $714,098 while the median value for Units is $404,506.
  • Houses have a median rent of $650.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Plainland on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Plainland.

Suburb Insights for Plainland 4341

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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.