SOLD
Sold on 02 Jul 2024 for $650,000

40/45 Barrett Street
Robertson QLD 4109

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 119m2
Land area: 137m2
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Property Details for 40/45 Barrett St, Robertson

40/45 Barrett St, Robertson is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 137m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Robertson in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
119m2
Land Size
137m2
Local Government
Brisbane
Lot/Plan
40/GTP106819

Last Listing description (November 2024)

Unlock the potential of prime real estate with this lucrative investment opportunity, strategically positioned in a sought-after locale just moments from Robertson Central Precinct and key transport links.

Located in a meticulously maintained complex, this 3-bedroom, 3-bathroom townhouse is an enticing prospect for savvy investors. Featuring a contemporary design with freshly painted interiors and exteriors, this property is both visually appealing and low maintenance. The investment offers numerous advantages:

Rental yield up to 8%

28.7% annual compound growth for unit sales in Robertson suburb
Prime location:
Griffith University: 1.3km
Queen Elizabeth II Jubilee Hospital: 1.4km
QSAC (Queensland Sport and Athletics Centre): 2.3km (potential main stadium for the 2032 Olympics)
Sunnybank Plaza Shopping Centre: 1.1km
Garden City Westfield: 3.6km
Brisbane CBD: 14km

Ideal for Rooming Accommodation:
3 bedrooms, each with a locked door, air-conditioner, and private ensuite
Perfectly designed for single or dual tenants
Rent: $910 per week, with potential to increase after the current lease expiry
Long-term rooming rental accommodation with exceptional occupancy rates up to 98%
Fully furnished and equipped with quality home appliances
Cost Breakdown:
Strata Fee: $79.20 per week
Water Fee: $38.66 per week (Group metered)
Rates: $29.82 per week
Well-maintained complex with a healthy sinking fund

Amenities:
Security gate and CCTV
25-metre swimming pool
Tennis court
Central laundry and entertainment area

Additionally, this townhouse has been meticulously designed to marry functionality with tasteful aesthetics, ensuring a high occupancy rate. The property currently hosts three long-term cooperative tenants, adding further stability to your investment portfolio.

With its convenient location, modern amenities, strong rental history, and stable tenancy, this investment property presents a compelling opportunity to capitalize on the thriving rental market. Don't miss out on securing your financial future.

Contact Jennifer today to arrange a private viewing and take the first step toward a profitable investment venture!(Listing ID: 21133488 )

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Property History for 40/45 Barrett St, Robertson, QLD 4109

A timeline of how this property has performed in the market
Last Sold
$650,000
02 Jul 2024
  • 02 Jul 2024
    Sold for $650,000
  • 28 May 2024
    Listed for Sale Asking from $620,000
  • 07 Jul 2021
    Listed for Sale SOLD - 329,000 - 02/07/2019
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About Robertson 4109

The size of Robertson is approximately 1.7 square kilometres. It has 7 parks covering nearly 2.2% of total area. The population of Robertson in 2011 was 4,867 people. By 2016 the population was 4,987 showing a population growth of 2.5% in the area during that time. The predominant age group in Robertson is 20-29 years. Households in Robertson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Robertson work in a professional occupation. In 2011, 60.3% of the homes in Robertson were owner-occupied compared with 60.4% in 2016.

Robertson has 1,778 properties. Over the last 5 years, Houses in Robertson have seen a 101.01% increase in median value, while Units have seen a 83.41% increase. As at 30 November 2024:

  • The median value for Houses in Robertson is $2,005,457 while the median value for Units is $643,997.
  • Houses have a median rent of $828 while Units have a median rent of $595.
There are currently 11 properties listed for sale, and 1 property listed for rent in Robertson on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Robertson.

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