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.
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.
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.
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