OFF MARKET

12 Wattle Road
Rothwell QLD 4022

Bedrooms: 10
Bathrooms: 4
Car spaces: 4
Land area: 386m2
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Property Details for 12 Wattle Rd, Rothwell

12 Wattle Rd, Rothwell is a 10 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 386m2.

Building Type
Unit
Land Size
386m2
Local Government
Moreton Bay
Lot/Plan
1/BUP10920

Last Listing description (January 2017)

Your opportunity to own an entire block of units in the ever popular with investors suburb of Rothwell is now available.
'Pinehurst Lodge' is made up of 4 individually strata titled units that are all currently occupied with long term tenants. Two units are 2 bedroom, the other two are 3 Bedroom. All with single bathroom and single car accommodation.
Situated on a block size of 1004 Sqm, in a fantastic location between the Redcliffe Peninsula waterfront and North Lakes Commercial and Industrial precinct.

Returning $1080 in rental income each week/ $56,160 per year.
The returns on this investment property are above those currently for sale in competition locally.
Council rates last quarter for each unit were $400.80
Water rates last quarter for each unit were $367.85
All inspections of the units are by private inspection and due to the units being tenanted, a minimum 24 hours notice is required for entry.

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Property History for 12 Wattle Rd, Rothwell, QLD 4022

A timeline of how this property has performed in the market
  • 17 Nov 2016
    Listed for Sale Price on Application

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About Rothwell 4022

The size of Rothwell is approximately 10.3 square kilometres. It has 35 parks covering nearly 17.3% of total area. The population of Rothwell in 2011 was 6,682 people. By 2016 the population was 7,146 showing a population growth of 6.9% in the area during that time. The predominant age group in Rothwell is 10-19 years. Households in Rothwell are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rothwell work in a trades occupation. In 2011, 54.9% of the homes in Rothwell were owner-occupied compared with 52.9% in 2016.

Rothwell has 3,069 properties. Over the last 5 years, Houses in Rothwell have seen a 77.85% increase in median value, while Units have seen a 61.26% increase. As at 31 July 2024:

  • The median value for Houses in Rothwell is $783,927 while the median value for Units is $553,827.
  • Houses have a median rent of $580 while Units have a median rent of $473.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Rothwell on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Rothwell.

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