23 Acacia St, Rangeville is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 893m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
An excellent opportunity presents itself here to secure this East side duplex, which is set on a large 893m2 fenced allotment backing onto East Creek Parkland, which is currently returning $600per/week (increasing to $620per/week in late November 2022).
In well-maintained, overall original condition throughout with the front unit comprising of two bedrooms and the rear unit three bedrooms, both units offer functional kitchens with upright electric ovens, large living areas (rear unit with air-con and separate dining room) and neat and tidy bathrooms with separate toilets (front unit with shower over bathtub, rear unit with separate shower and bathtub), single lockup garages and security screens to all doors and windows. The front unit also enjoys its own large/private courtyard overlooking Parkland, while the rear unit benefits from its own open, large rear yard, and an outlook over the Parkland from the living room.
Individually metered and water efficient to pass on water usage charged to the tenants and tenants responsible for lawn maintenance, an opportunity exists for either the savvy investor to snap this brilliant property up, or the clever first home buyer/owner occupier who are looking to move into one unit and collect rent from the second to help with the mortgage payments.
- Unit .1. (2 bedroom) currently on fixed term lease until mid-Jan 23 at $300p/wk
- Unit .2. (3 bedroom) currently $300p/wk, increasing to $320p/wk late Nov 22
- Both units well-maintained and overall, in good/original condition throughout
- Functional kitchens with electric upright ovens, rear unit with separate dining
- Large living rooms to both units, reverse cycle air-conditioning to the rear unit
- Neat and tidy bathrooms in both units with separate toilets and internal laundries
- Single lockup garages at front over complex, security screens to all doors/windows
- Unit .1. with its own large/fenced courtyard, Unit .2 with large/open rear yard
- Both units enjoy an lookout over East Creek Parkland, fully fenced 893m2 allotment
- Individually metered and water efficient to pass on water usage costs to tenants
- 1 title, so no body corporate fees/extra council rate, lawns maintained by tenants
- Central to CBA and major shopping centres, short walk to St Joseph's College
The size of Rangeville is approximately 8.2 square kilometres. It has 25 parks covering nearly 18.3% of total area. The population of Rangeville in 2011 was 8,216 people. By 2016 the population was 8,313 showing a population growth of 1.2% in the area during that time. The predominant age group in Rangeville is 40-49 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation. In 2011, 72.6% of the homes in Rangeville were owner-occupied compared with 71.8% in 2016.
Rangeville has 4,121 properties. Over the last 5 years, Houses in Rangeville have seen a 71.71% increase in median value, while Units have seen a 85.99% increase. As at 31 October 2024:
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