OFF MARKET

22/10 Geeba Street
Slacks Creek QLD 4127

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 22/10 Geeba St, Slacks Creek

22/10 Geeba St, Slacks Creek is a 2 bedroom, 2 bathroom Townhouse and was built in 2000. While the property is not currently for sale or for rent, it was last sold in February 2006.

Building Type
Townhouse
Year Built
2000
Local Government
Logan City
Lot/Plan
29/SP115834

Last Listing description (August 2023)

Parkview Gardens in Slacks Creek is a fabulous, affordable assisted or independent living complex for over 55's situated within walking distance to transport or a short drive to shops, hospitals, and general services. Just because it is designed for over 55's doesn't mean you have to be over 55 to purchase these excellent units!

Well maintained with tiles throughout and air-conditioned for your comfort. If you are looking to purchase a home close to all amenities with a low-maintenance lifestyle then this is your new place to call home.

UNITS 22 & 43 INCLUDES 2 x LOW SET VILLAS - BOTH CURRENTLY LONG TERM TENANTED - SOLID RETURNS

An investment opportunity worth looking at, not only with great returns but future demand for this type of accommodation will only escalate as well as capital growth.

This investment consists of 2 low-set brick units on one title, both units consisting of one bedroom, a large ensuite bathroom, an open plan kitchen/lounge area, and a small outdoor covered area, and both units are air-conditioned.

Both units are tenanted to long-term retirees and currently returning a combined rent of $515 per week.

The complex is in a quiet but convenient location, very secure, and well-managed. Friendly and helpful on-site manager and community residents. It consists of 84 units, 2 dining rooms where lunches are available, and recreation rooms where regular activities are conducted. There are regular visiting services such as doctors, blue care nursing, and hairdressers. All in all a top investment in a well-managed community that is worthy of your investment consideration.

The Body Corporate fees are $1725 per qtr total for both units. The Rates AND water bill are $1300 per qtr total for both units.

Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**

Property History for 22/10 Geeba St, Slacks Creek, QLD 4127

A timeline of how this property has performed in the market
Last Sold
$185,000
24 Feb 2006
  • 12 May 2023
    Listed for Sale SUBMIT ALL OFFERS
  • 24 Feb 2006
    Sold for $185,000
  • 13 Jul 2004
    Sold for $520,000
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About Slacks Creek 4127

The size of Slacks Creek is approximately 8.5 square kilometres. It has 24 parks covering nearly 16.8% of total area. The population of Slacks Creek in 2011 was 10,435 people. By 2016 the population was 10,423 showing a population decline of 0.1% in the area during that time. The predominant age group in Slacks Creek is 0-9 years. Households in Slacks Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Slacks Creek work in a labourer occupation. In 2011, 54.7% of the homes in Slacks Creek were owner-occupied compared with 53.8% in 2016.

Slacks Creek has 4,866 properties. Over the last 5 years, Houses in Slacks Creek have seen a 119.77% increase in median value, while Units have seen a 111.72% increase. As at 30 November 2024:

  • The median value for Houses in Slacks Creek is $718,170 while the median value for Units is $475,498.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 26 properties listed for sale, and 31 properties listed for rent in Slacks creek on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Slacks creek.

Suburb Insights for Slacks Creek 4127

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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.