106/14-16 Carol AvenueSpringwood QLD 4127
Property Details for 106/14-16 Carol Ave, Springwood
106/14-16 Carol Ave, Springwood is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 89m2 and floor size of 61m2. 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 Springwood in the last 12 months.
Last Listing description (March 2024)
Located in the 4-star Hotel Gloria complex, the property provides the perfect balance of location, style, presentation and security. For those looking for a residence, the lifestyle on offer cannot be beat, while the wise investor will appreciate the quality of tenant, secure building and and excellent returns. Producing $21,580 of income per year, the property enjoys stable long term tenants plus the option of moving in. Offering all you want, and a little more inside you will find:
Commanding sized, air-conditioned main bedroom with full length mirrored built-ins and direct access to the balcony
Large bathroom with shower over soaking style tub, plenty of bench space with tiles to ceiling and internal laundry
Oversized living area large enough to incorporate separate lounge, dining and office spaces.
Massive balcony, providing plenty of space for relaxing, privately shielded by established trees plus views to the hills.
Secure parking spot
The outstanding complex facilities include:
Secure entry points at foyer, lift and apartment door
Reception Concierge
Swimming pool and entertaining area
Fitness room
Conference facilities
American Bourbon Bar and Grill on ground floor
Currently rented to long term tenants at $415/week the investment case is as attractive as the property itself.
To arrange your private or virtual inspection, call Darren today on 0420 620 760.
Property History for 106/14-16 Carol Ave, Springwood, QLD 4127
- 24 Feb 2024Sold for $346,000
- 15 Feb 2024Listed for Sale By Private Negotiation
- 31 Dec 2021Sold for $240,000
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About Springwood 4127
The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2011 was 8,990 people. By 2016 the population was 9,140 showing a population growth of 1.7% in the area during that time. The predominant age group in Springwood is 30-39 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 69.6% of the homes in Springwood were owner-occupied compared with 68.2% in 2016.
Springwood has 4,248 properties. Over the last 5 years, Houses in Springwood have seen a 101.93% increase in median value, while Units have seen a 124.26% increase. As at 30 September 2024:
- The median value for Houses in Springwood is $957,257 while the median value for Units is $537,981.
- Houses have a median rent of $620 while Units have a median rent of $480.
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