SOLD
Sold on 14 Sep 2024 for $790,000

9 Pendragon Street
Raceview QLD 4305

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 581m2
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Property Details for 9 Pendragon St, Raceview

9 Pendragon St, Raceview is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 581m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Raceview in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
115m2
Land Size
581m2
Local Government
Ipswich
Lot/Plan
264/SP245030

Last Listing description (October 2022)

This modern and low maintenance duplex would be absolutely perfect for savvy investors looking for maximum returns (5% plus) in the ever so popular suburb of Raceview!

For all the investors out there, this incredible dual key investment offers an impressive $585.00 per week return (that's just over a 5% return) and you have the extra benefit that the units would never be empty at the same time as Unit 1 is tenanted until 20/02/2023 and Unit 2 is tenanted until 14/02/2023. You can buy it today and not miss a single day's rent, you don't have to pay any let fees upfront

Apart from offering a total of four bedrooms, all with built-in robes, three bathrooms (including one ensuite) there is also two designer look kitchens complete with dishwashers, two separate remote controlled garages (one for each unit) and a fully fenced yard that allows you to have secure space for children to play or pets to run.

This stunning dual key property is super low maintenance with brick construction, colourbond roofing, full security, tiled halls and living areas as well as split system reverse cycle air conditioning for year round comfort.

It just doesn't get any better than this! You don't have to go through the frustration off designing and building them yourself with the amazing tenants pay off this sound investment home for you!

Unit 1 is currently rented at $335 per week until 20/02/2023
Unit 2 is currently rented at $250 per week until 14/02/2023

Ipswich City Council Rates: $985 per quarter (subject to change)
Water Charges: $232 per quarter plus consumption (subject to change)

This feature packed family home is located in ever popular Raceview so of course you have access to all the amenities associated with Raceview. These include the Raceview Shopping Centre, Raceview Tavern and Brothers Leagues Club plus the Raceview State School, Bremer State High School, Bethany Lutheran private School and bus transport to all of Ipswich's other private primary and secondary schools.

You also have easy highway access to Brisbane via the Cunningham Highway or train transport via the Booval or Dinmore Train Stations.

You won't find better value for money in a family home so be quick or it will be gone!

Listing agent: Charles Kimmorley

Don't be disappointed, call me now - I'm waiting for your call.

NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba We've got Ipswich covered!

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Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property History for 9 Pendragon St, Raceview, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$790,000
14 Sep 2024
Listed for Rent
$235/w
20 Apr 2016
  • 14 Sep 2024
    Sold for $790,000
  • 25 Oct 2022
    Listed for Sale Offers Over $579,000
  • 20 Sep 2022
    Sold for $590,000
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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,474 properties. Over the last 5 years, Houses in Raceview have seen a 101.62% increase in median value, while Units have seen a 121.82% increase. As at 30 November 2024:

  • The median value for Houses in Raceview is $672,420 while the median value for Units is $454,647.
  • Houses have a median rent of $540 while Units have a median rent of $425.
There are currently 26 properties listed for sale, and 12 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Raceview.

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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.