2 Spencer StreetRedbank QLD 4301
Property Details for 2 Spencer St, Redbank
2 Spencer St, Redbank is a 2 bedroom, 1 bathroom House and was built in 1925. The property has a land size of 1214m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (December 2021)
Calling all renovators and developers. This 1214 m2 parcel of prime real estate zoned residential medium density with an astonishing 20-metre frontage will not last long.
Renovate:
This three-bedroom colonial home offers a functional kitchen to the rear of the house overlooking the large back garden. All three bedrooms are serviced by a main bathroom with a shower over bath set up. The house stands proudly for a 1930's style Queenslander with all original VJ panel walls throughout.
Detonate:
Opportunities like this are far and beyond. If you're looking into residential development and the sound of townhouses interests you, stop right now and give me a call! This property has great accessibility to essential services to which every development needs. One street back from Redbank Plaza, close proximity to Redbank Train Station and highways not to mention the Orion Shopping Centre located in Springfield.
The property is currently tenanted with a gross rental return of $14,040 approx., with a tenant in place until May 2022.
Don't miss out on great opportunity like this and contact the listing agent Clint Franke today!
DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained 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. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 2 Spencer St, Redbank, QLD 4301
- 03 Nov 2021Sold for $445,000
- 01 Nov 2021Listed for Sale OFFERS OVER $399,000
- 07 Jun 2021Listed for Rent $270 / week
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About Redbank 4301
The size of Redbank is approximately 8.3 square kilometres. It has 9 parks covering nearly 3.1% of total area. The population of Redbank in 2011 was 1,605 people. By 2016 the population was 1,848 showing a population growth of 15.1% in the area during that time. The predominant age group in Redbank is 10-19 years. Households in Redbank are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redbank work in a labourer occupation. In 2011, 52% of the homes in Redbank were owner-occupied compared with 49.6% in 2016.
Redbank has 1,367 properties. Over the last 5 years, Houses in Redbank have seen a 98.72% increase in median value, while Units have seen a 69.48% increase. As at 31 July 2024:
- The median value for Houses in Redbank is $683,355 while the median value for Units is $455,700.
- Houses have a median rent of $523 while Units have a median rent of $410.
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