OFF MARKET

220 Government Road
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 3m2
Land area: 6421m2
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Property Details for 220 Government Rd, Richlands

220 Government Rd, Richlands is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 6421m2 and floor size of 3m2.

Building Type
House
Floor Size
3m2
Land Size
6421m2
Local Government
Brisbane
Lot/Plan
2/SP177873

Last Listing description (November 2024)

Investors and Owner Occupiers! Discover a fantastic opportunity in the fast-developing suburb of Richlands! Welcome to 19/220 Government Road, an exceptional property that offers convenience, comfort, and impressive rental income. Don't miss out on this incredible investment!

?? Prime Location:
Situated within walking distance to the train station and bus stop, this property offers unparalleled connectivity to the city and beyond. Commuting has never been easier, making it an ideal choice for both owner occupiers and investors seeking high rental demand.

??? Nearby Amenities:
Indulge in the vibrant lifestyle of Richlands with a food court just a stone's throw away. Satisfy your cravings and enjoy the convenience of having multiple dining options right at your doorstep. Additionally, the esteemed Lion Club and popular Coffee 63 are within easy reach, ensuring you have entertainment and relaxation nearby.

?? Comfortable:
Every bedroom in this property is equipped with air conditioning, providing a haven of comfort during both summer and winter months. Enjoy the flexibility of maintaining the perfect temperature in every room to suit your preferences. Experience true tranquility and relax in a space that is designed for ultimate convenience.

?? Energy Efficiency:
With an energy-efficient hot water system, this property is not only environmentally friendly but also helps you save on utility bills. Embrace sustainable living and enjoy the benefits of a home that promotes energy efficiency. You can also install solar panel system (subject to Body Corporate approval) like other owners.

?? Excellent Rental Income:
Investors, take note! This property boasts a truly impressive rental income potential. The growing demand for housing in Richlands ensures a stable and lucrative return on your investment. Let this property work for you and watch your financial portfolio grow.

?? Don't Miss Out:
This is an opportunity you cannot afford to overlook! Whether you're an owner occupier seeking a convenient lifestyle or an investor looking for an exceptional rental income, 19/220 Government Road, Richlands is the perfect choice.

Contact us now to arrange a viewing and secure your future in this sought-after suburb. Act fast, as properties like this don't stay on the market for long!(Listing ID: 21113004 )

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Property History for 220 Government Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
Listed for Rent
$410/w
04 Oct 2022
  • 15 May 2024
    Listed for Sale $530,000
  • 19 Jul 2023
    Listed for Sale $425K Plus
  • 15 Jun 2023
    Listed for Sale $280,000 Plus
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About Richlands 4077

The size of Richlands is approximately 5 square kilometres. It has 5 parks covering nearly 8% of total area. The population of Richlands in 2011 was 2,077 people. By 2016 the population was 3,606 showing a population growth of 73.6% in the area during that time. The predominant age group in Richlands is 20-29 years. Households in Richlands are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richlands work in a professional occupation. In 2011, 43.2% of the homes in Richlands were owner-occupied compared with 31.7% in 2016.

Richlands has 2,819 properties. Over the last 5 years, Houses in Richlands have seen a 85.58% increase in median value, while Units have seen a 92.28% increase. As at 31 October 2024:

  • The median value for Houses in Richlands is $758,964 while the median value for Units is $589,131.
  • Houses have a median rent of $618 while Units have a median rent of $580.
There are currently 23 properties listed for sale, and 16 properties listed for rent in Richlands on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Richlands.

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