SOLD
Sold on 04 Feb 2024 for $1,125,000

17 Fourth Avenue
Sandgate QLD 4017

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 40m2
Land area: 539m2
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Property Details for 17 Fourth Ave, Sandgate

17 Fourth Ave, Sandgate is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 539m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Sandgate in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
40m2
Land Size
539m2
Local Government
Brisbane
Lot/Plan
3/RP52787

Last Listing description (April 2024)

This is an ideal purchase for the astute investor or homeowner seeking an income-producing property.

You cannot find a better-positioned property in the area than this one. It's located right next to Sandgate shopping, a short stroll to the waterfront, and the trains/bus terminal. This presents an exceptional and enduring opportunity.

The property features:

4 x 1-bedroom flats.
4 x 1-bedroom flats are currently fully tenanted @ $290per week and one at $350per week.
The property sits on a 539 sqm lot with a 13.6m frontage.

The property is close to all that you need:
- One door down from the Town Centre which offers Supermarkets, post offices, retail outlets, restaurants, cafes & bars.
- 250m stroll to the beachfront where there is an abundance of activity such as kayaking, stand up paddle boarding, kite surfing, fishing, restaurants and cafes, and Aquatic Centre.
- 280m to Sacred Heart Parish, Sacred Heart Primary School or 300m to Sandgate State Primary School, 2km ride along the waterfront to St Patrick's College, and 2.3km ride to Sandgate High School.
-500 km walk to Sandgate Train & Bus Station (30mins to Brisbane CBD)

Sandgate also offers easy access to the airport, Gold Coast and Sunshine Coast highways.

Enquiry for further information.

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Property History for 17 Fourth Ave, Sandgate, QLD 4017

A timeline of how this property has performed in the market
Last Sold
$1,125,000
04 Feb 2024
  • 04 Feb 2024
    Sold for $1,125,000
  • 05 Oct 2023
    Listed for Sale FOR SALE
  • 28 Oct 2019
    Listed for Rent $250 / week
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About Sandgate 4017

The size of Sandgate is approximately 3.2 square kilometres. It has 12 parks covering nearly 40.3% of total area. The population of Sandgate in 2011 was 4,625 people. By 2016 the population was 4,893 showing a population growth of 5.8% in the area during that time. The predominant age group in Sandgate is 40-49 years. Households in Sandgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandgate work in a professional occupation. In 2011, 59.4% of the homes in Sandgate were owner-occupied compared with 60.9% in 2016.

Sandgate has 2,331 properties. Over the last 5 years, Houses in Sandgate have seen a 93.29% increase in median value, while Units have seen a 109.34% increase. As at 31 October 2024:

  • The median value for Houses in Sandgate is $1,274,990 while the median value for Units is $818,314.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 10 properties listed for rent in Sandgate on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Sandgate.

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