SOLD
Sold on 19 Apr 2024 for $231,050

26/348 Stafford Road
Stafford QLD 4053

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 37m2
Sold By
Customer Property Services
The Public Trustee of Queensland
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Property Details for 26/348 Stafford Rd, Stafford

26/348 Stafford Rd, Stafford is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 37m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Stafford in the last 12 months.

Building Type
Unit
Year Built
2000
Land Size
37m2
Local Government
Brisbane
Lot/Plan
26/SP134751

Last Listing description (June 2024)

*Please note that after the first open house last week, we received 2 or more written offers and one of these has been informally accepted after we triggered a Multiple Offer Situation with deadline Friday 12th. As it is not unconditional and nor formalised, we are continuing to open for the public (18/4/24 from 1:30pm) in case the conditional offer is retracted to allow new patrons to view and prepare if it is not placed under Contract and terms are satisfied with the approved offeror soon.

If the opportunity arises to submit offers again, parties will need to understand the attached Contract/BCDS that will need to be signed and lodge a PTQ Letter of Offer.

We apologise for any inconvenience if attending the advertised viewing and finding out it is under Contract but we will inform all interested parties as best we can via email/online of the status of this sale/listing.*

Don't miss this opportunity to secure an outstanding ground floor unit with private courtyard and well covered entrance, perfect for an astute investor or someone looking to downsize in a great location.

Entering into the comfortable open plan lounge/ dining area connected to a large kitchenette you will feel right at home in this quiet complex. The separate bedroom has a built in robe, air-conditioning and an ensuite which is wheel chair accessible.

Backing onto parks and Stafford Bowls Club, only a short stroll away from Stafford City Shopping Centre and local transport, everything is at your doorstep only 7km from the CBD.

With a large common room, meals are available if needed within the complex. An on-site manager looks after the complex providing peace-of-mind.

The unit is currently tenanted until 24th November at $300 per week (with an optional $300 per fortnight paid by the tenants in the complex to the site manager as a food allowance) but still providing a great return.

This is a great property to get into the market, with the long-term growth and security too good to pass up!

Lot: 26 SP: 134751 Brisbane City Council
Rates: $402 qtrly (approx. with no discounts/water fees)
Floor Space Total: 39sqm living/8sq m outdoor (approx.)
Body Corporate Fees: Admin=$798 and Sinking=$209 per quarter (approx.)
Compliant smoke alarms have been installed.

Private Treaty Terms: Please attend the open home (knowing this advertised date/time will be the first due to body corporate tenancy agreement) then outline your price, conditions (ie:-14 day finance/7 day B&P inspection clauses), settlement period (usually 21-42 days will be accepted) and deposit amount (PTQ prefers 5% or a reasonable agreed lower amount which will be payable after informal acceptance is conveyed but before the Contract is countersigned by our self-funding government body) via email.
A Multiple Offer Situation may be triggered and all interested patrons will be provided in writing a designated date/ time they must present their offer in by for consideration of the Vendor's representatives.

Property History for 26/348 Stafford Rd, Stafford, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$231,050
19 Apr 2024
Listed for Rent
$235/w
29 Nov 2017
  • 19 Apr 2024
    Sold for $231,050
  • 02 Apr 2024
    Listed for Sale Very Affordable Proposition only $239,000 Neg.
  • 06 Nov 2017
    Listed for Rent $235 / week
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About Stafford 4053

The size of Stafford is approximately 3.4 square kilometres. It has 12 parks covering nearly 20.7% of total area. The population of Stafford in 2011 was 6,041 people. By 2016 the population was 6,544 showing a population growth of 8.3% in the area during that time. The predominant age group in Stafford is 20-29 years. Households in Stafford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stafford work in a professional occupation. In 2011, 53.2% of the homes in Stafford were owner-occupied compared with 47.8% in 2016.

Stafford has 3,615 properties. Over the last 5 years, Houses in Stafford have seen a 81.50% increase in median value, while Units have seen a 71.94% increase. As at 31 October 2024:

  • The median value for Houses in Stafford is $1,132,565 while the median value for Units is $642,606.
  • Houses have a median rent of $650 while Units have a median rent of $565.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Stafford on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Stafford.

Suburb Insights for Stafford 4053

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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.