52 Gehrke Road

Regency Downs QLD 4341

Located in the booming Plainland area and only 500 metres from Sophia College is this great opportunity. The low set brick home sits at the back of the large 1.5 acre block. Consisting of 3 bedrooms, 1 family bathroom, large kitchen & dining area and family living room. There is an internal laundry and separate toilet. Other features of the home include built-in wardrobes, reverse cycle a/c, ceiling fans & fully tiled through out (no carpets). Out the front is a covered & paved patio area and out the back is a full length covered entertaining area. There is also an under roof single carport on the house. The property is fully fenced, has a garden shed and is connected to both town & tank water. The block itself is mostly cleared and has a gentle rise from the road to the house. The Location is obviously fantastic. Only 1km from Woolworths, Bunnings, Aldi and easy access to the highway for commuting. This property has a current, long term tenant in place paying $340 per week. They are on a lease until November 2022 and have been residing at the property since 2009. With the recent market increase, this property would rent for at least $400 per week after the current lease ends.
Properties in this price range in this area are quickly becoming a thing of the past. This may be your last chance to secure a home in Plainland for under $500,000 as the median sale price for the suburb is now $470,000 with further increases expected this year. Call Paul Barton today before its too late.