SOLD
Sold on 08 Dec 2023 for $592,000

164 Government Road
Richlands QLD 4077

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
Land area: 155m2
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Property Details for 25/164 Government Rd, Richlands

25/164 Government Rd, Richlands is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2018. The property has a land size of 155m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom Townhouse sold in Richlands in the last 12 months.

Building Type
Townhouse
Year Built
2018
Floor Size
106m2
Land Size
155m2
Local Government
Brisbane
Lot/Plan
25/SP286987

Last Listing description (January 2024)

Are you searching for a newish and spacious exclusive home in a prime location? Look no further! We have a near new exclusive property in Richlands that's perfect for investors or owner occupiers. This 2-level Terrace Home stands out with its modern and stylish architectural design, leafy landscaping and urban convenience. This spectacular residence is ideally positioned between Brisbane's CBD and Ipswich with exit to Centenary Highway only 1 km away. Close to public transport including Richlands Train Station, Schools, Shops, Richland Hotel, Convenience Stores & Tavern, the location is second to none!

What's more? The property is unique in the complex as it comes with valuable upgrades, including quality timber flooring throughout the second level, internal staircases and ground floor living/dining rooms that add value to the property. The occupants can also enjoy the benefits of a 6.4kw solar system, reducing energy costs and making this property attractive and eco-friendly. All rooms come with large windows which allow ample natural lights and breeze flowing through your homes.

Property Features:

Upstairs:
* 4 great sized bedrooms with ceiling fans & built in robes with large windows;
* Large master bedroom with walk-in robe, ensuite bathroom, ceiling fan and a/c;
* Great family bathroom with shower enclosure over bathtub;
* Laundry with Linen storage;

Downstairs:
* Ground Floor air-conditioned.
* Open plan living & dining area with solid timber flooring;
* Fantastically tiled modern kitchen with stone benches, electric cooking, dishwasher & plenty of storage space;
* Sliding glass doors opening to private courtyard with covered patio;
* Double lock up garage with internal access;
* Separate powder room.

Extra Features:
* The only townhouse in the complex with Solar system
* Entire Second floor and staircases replaced with quality hybrid timber flooring
* No grass mowing, yard artificially grassed
* Resort Style swimming pool exclusive to the Terraces Home Complex residences
* Security serviced complex with cameras installed in common areas
* Ample visitor parking

Location:
* 750m to Progress Corner Convenience Centre with shops and dining options;
* 1 km to M5 Centenary Highway;
* 3.3km to Inala Plaza and Inala Civic Centre;
* 4.2km to Forest Lake Shopping Centre;
* 2.2km to Saint Mark's Catholic Primary School
* Richlands East State School and Glenala State High School catchment;
* 4km to Saint John's Anglican College,
* 21 km to Brisbane CBD
* 22 km to Ipswich CBD;

Tenancy and Outgoings
* Currently tenanted. Lease expiry date 18/12/2023.
* Current Rental per week $580.
* Bris. City Council Rates. approx. $480 per quarter.
* Water and Sewerage. approx. $220 per quarter.
* Body Corp fees approx. $80 p/w.
* Built 2018

DON'T MISS THIS FANTASTIC OPPORTUNITY!! Call the Listing Agents Lynda Lim 0406 233 888 or Ronnie Lo 0433 575 330 for further enquiries.

Disclaimer:
Photos and furniture used here are for illustration only. All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate, and we accept no liability for any errors or omissions. Interested parties should make their own enquiries and obtain their own legal advice.

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Property History for 25/164 Government Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$592,000
08 Dec 2023
Listed for Rent
$580/w
02 Nov 2022
  • 08 Dec 2023
    Sold for $592,000
  • 04 Sep 2023
    Listed for Sale Under Contract
  • 19 Oct 2022
    Listed for Rent - Price not available
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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 2,902 properties. Over the last 5 years, Houses in Richlands have seen a 84.17% increase in median value, while Units have seen a 78.76% increase. As at 31 July 2024:

  • The median value for Houses in Richlands is $762,041 while the median value for Units is $565,105.
  • Houses have a median rent of $568 while Units have a median rent of $550.
There are currently 19 properties listed for sale, and 23 properties listed for rent in Richlands on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Richlands.

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