SOLD
Sold on 07 Oct 2023 for $175,000

2/35 First Street
Railway Estate QLD 4810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 102m2
Sold By
Ian Clarke Real Estate
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Property Details for 2/35 First St, Railway Estate

2/35 First St, Railway Estate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 102m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Railway Estate in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
67m2
Land Size
102m2
Local Government
Townsville City
Lot/Plan
2/GTP70369

Last Listing description (November 2023)

Introducing an exciting investment / 1st home buyer opportunity nestled in the heart of Railway Estate,

2/35 First Street is a two-bedroom unit that offers a low-maintenance lifestyle. With similar units in the area achieving over $300 per week, this property is perfect for the savvy investor looking to expand their portfolio.

Located in a neat looking complex of only five single level units, this tidy abode features built-in wardrobes and air-conditioning in the main bedroom and lounge, ensuring year-round comfort. The open plan living area is accentuated by the absence of carpet throughout, providing a seamless and low-maintenance atmosphere.

Additional features of this property include a single car open garage, security screens, an internal laundry and a large storage room. Outdoors, a private courtyard offers a serene space for relaxation, while visitor parking ensures convenience for guests.

This entry level property is simple in design and easy on the maintenance, very attractive & affordable body corporate fees coupled with strong rental demand make this a cost-effective investment choice.

Don't miss your chance to secure this fantastic investment opportunity in a prime location. With neat & tidy interior appearance and low-maintenance appeal, 2/35 First Street, Railway Estate is set to deliver a desired return for the astute investor.

Key Financial information
- Low body corporate fees Administration $1325 per year & sinking fund $400 per year
- Rates per half year $1754.50
- Expected rent returns $300+ per week.

Sold at AUCTION on Saturday 7th October at 10-00 am,
Auction will be held onsite
Auction terms "as is - where is"
Deposit 5% of purchase price
Settlement 42 days from contract date

AUCTION PRICE FILTER
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Property History for 2/35 First St, Railway Estate, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$175,000
07 Oct 2023
Listed for Rent
$250/w
24 Feb 2015
  • 07 Oct 2023
    Sold for $175,000
  • 04 Sep 2023
    Listed for Sale Not Disclosed
  • 28 Sep 2016
    Transferred for $138,000
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About Railway Estate 4810

The size of Railway Estate is approximately 4 square kilometres. It has 9 parks covering nearly 14.3% of total area. The population of Railway Estate in 2011 was 2,956 people. By 2016 the population was 2,846 showing a population decline of 3.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation. In 2011, 54.5% of the homes in Railway Estate were owner-occupied compared with 55% in 2016.

Railway Estate has 1,750 properties.

    There are currently 13 properties listed for sale, and 8 properties listed for rent in Railway estate on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Railway estate.

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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.