Earning its current owners a stable rental income and with top potential for expansion/redevelopment, this must-view property - just a stroll to Market Sqr, Macgregor Primary School & city buses - won t sit long on the market!
Occupying the 607m2 block now is a solid brick lowset with 5 spacious air conditioned bedrooms, 2 bathrooms, large kitchen, dining area, 2 vehicle carport at rear + extra off-street parking space in front of the house. The 3kW solar system saves around $200 in electricity costs /month and a 5000L tank servicing the toilets keeps the water bills in check.
To put it plainly - this place is a cash cow! It s currently tenanted by mostly professionals and, with all the convenience this walk-everywhere location offers, you ll always have a waiting list of people eager to move - whether they re working full-time or uni students.
The size of Sunnybank is approximately 4.7 square kilometres. It has 18 parks covering nearly 17% of total area. The population of Sunnybank in 2011 was 8,090 people. By 2016 the population was 8,686 showing a population growth of 7.4% in the area during that time. The predominant age group in Sunnybank is 20-29 years. Households in Sunnybank are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunnybank work in a professional occupation. In 2011, 64.3% of the homes in Sunnybank were owner-occupied compared with 60.2% in 2016.
Sunnybank has 3,873 properties. Over the last 5 years, Houses in Sunnybank have seen a 73.34% increase in median value, while Units have seen a 74.10% increase. As at 31 October 2024:
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