28 Magazine StreetStratford QLD 4870
Property Details for 28 Magazine St, Stratford
28 Magazine St, Stratford is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 1002m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (May 2022)
Owner retiring overseas and wants it sold. Price slashed to offers over $675,000 for quick sale.
4x2 bedroom units, sit back and collect the rent from 4 good long term tenants. Redevelop or develop further as there is more useable land in addition to keeping the existing building. Situated in a light industrial enclave just north of the cairns airport and surrounded by profitable businesses, there is heaps of potential to further develop and even operate a business from there. Parking 4+
Current gross income of over $58,000/yr.
Contact Billy to organise a private inspection
Property History for 28 Magazine St, Stratford, QLD 4870
- 31 Mar 2022Sold for $698,600
- 08 Dec 2021Listed for Sale $720,000
- 13 Nov 2015Listed for Rent $220 / week
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About Stratford 4870
The size of Stratford is approximately 1.9 square kilometres. It has 2 parks covering nearly 12.4% of total area. The population of Stratford in 2011 was 1,110 people. By 2016 the population was 1,149 showing a population growth of 3.5% in the area during that time. The predominant age group in Stratford is 40-49 years. Households in Stratford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stratford work in a professional occupation. In 2011, 63% of the homes in Stratford were owner-occupied compared with 62.9% in 2016.
Stratford has 623 properties. Over the last 5 years, Houses in Stratford have seen a 47.49% increase in median value, while Units have seen a 54.96% increase. As at 31 October 2024:
- The median value for Houses in Stratford is $726,122 while the median value for Units is $447,667.
- Houses have a median rent of $550 while Units have a median rent of $460.
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