OFF MARKET

2/48 Lowth Street
Rosslea QLD 4812

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 90m2
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Last updated 11 Nov 2024
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Property Details for 2/48 Lowth St, Rosslea

2/48 Lowth St, Rosslea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 90m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1991
Floor Size
74m2
Land Size
90m2
Local Government
Townsville City
Lot/Plan
2/BUP71173

Last Listing description (May 2023)

Renovated in 2019 and featuring some beautiful and unique finishings throughout; this well maintained and tidy unit is the perfect purchase for both new and experienced investors. It's centrally located and attractive for tenants who wish to be close to the city, entertainment, dining and the golf course.

Welcome to 2/48 Lowth Street, Rosslea.

The Property:

- Two spacious bedrooms with built in robes
- Spacious living area
- Well appointed kitchen with quality appliances
- Tiled living spaces for care free cleaning
- Robust, low maintenance design
- Split system air-conditioning throughout
- Low body corporate fees
- Shared pool on site

The Location:
Situated just a stone throw away from the golf course, and in proximity to amenities, restaurants, entertainment and healthcare. This property caters to a very broad market and will definitely be a hit with future tenants.
- 2 Minutes to the Townsville Golf Club
- 2 Minutes to Charters Towers Road for dining
- 3 Minutes to Otto's Precinct
- 4 Minutes to the Mater Hospital
- 8 Minutes to the Townsville University Hospital

The Opportunity:
The purchaser of this property will immediately reap the rewards of their investment thanks to the existing lease in place through to 25th September, 2023 generating $305 per week in rental income.

* Body corporate fees are approx. $3900 per annum
* Rates are approx. $3000 per annum

For more information to arrange your inspection, please reach out to Dylan on 0447 267 806.

Property History for 2/48 Lowth St, Rosslea, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$170,000
14 Apr 2023
Listed for Rent
$290/w
11 Mar 2020
  • 14 Apr 2023
    Sold for $170,000
  • 18 Mar 2023
    Listed for Sale Offers Over $189,000
  • 15 Jun 2020
    Sold for $130,000
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About Rosslea 4812

The size of Rosslea is approximately 1.7 square kilometres. It has 3 parks covering nearly 51.3% of total area. The population of Rosslea in 2011 was 1,599 people. By 2016 the population was 1,725 showing a population growth of 7.9% in the area during that time. The predominant age group in Rosslea is 20-29 years. Households in Rosslea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rosslea work in a professional occupation. In 2011, 35.6% of the homes in Rosslea were owner-occupied compared with 37.4% in 2016.

Rosslea has 1,328 properties. Over the last 5 years, Houses in Rosslea have seen a 85.65% increase in median value, while Units have seen a 101.99% increase. As at 31 October 2024:

  • The median value for Houses in Rosslea is $568,810 while the median value for Units is $318,381.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 5 properties listed for sale, and 8 properties listed for rent in Rosslea on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Rosslea.

Suburb Insights for Rosslea 4812

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.