OFF MARKET

28/22 Farne Street
Sunnybank Hills QLD 4109

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 78m2
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Last updated 30 Sep 2024
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Property Details for 28/22 Farne St, Sunnybank Hills

28/22 Farne St, Sunnybank Hills is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 78m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
Unit
Year Built
1980
Floor Size
92m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
14/SP145707

Last Listing description (February 2015)

TWO IN ONE! A PERFECT INVESTMENT STRATEGY!
This is a clever opportunity to increase your property investment portfolio x 2 and start reaping the rewards and earning regular income straight away! At current interest rate, you should own this duplex at no cost at all - a positive gear investment! Positioned in this neat over 50's community at 29 Lindis Street (22 Farne Street) is a tidy duplex villa that is up for immediate sale at a superb price. This incredible deal will have one smart buyer gaining two independent 1 bedroom units that are joined under a single title deed and must be sold together. Both of these well presented units are renting out separately for $220 per unit weekly (total $440) to 2 long term tenants. They offer the perfect accommodation solution for retirees and provide a safe and convenient home. Easily tenanted, as these types of units are in high demand, you can bank on the regular income to make this a profitable investment exercise. Each full self contained unit offers sizeable living areas and outdoor space. There's a carpeted open plan lounge with air conditioning, a small dining area and a purpose built kitchenette for easy meals to be prepared. The spacious bedroom has built in robes and there's a large bathroom with integrated laundry area. Security screens are in place throughout ensuring peace of mind. Residents can opt to join in the communal meal service or be totally independent should they wish. There's a great landscaped garden and gazebo plus plenty of open & shady space to enjoy. There's little maintenance to think about, with grounds being maintained by the on-site management and these solid units being fully rendered with easy care gardens and colourbond fencing. More commonly owned by investors, these units are in a unique location giving tenants walking access into Centro Pinelands Shopping Plaza, city express buses and trains stations. Investors don't miss out on this chance to earn a big return on a small investment. Home owners should take advantage and start rela

Property History for 28/22 Farne St, Sunnybank Hills, QLD 4109

A timeline of how this property has performed in the market
Last Sold
$190,000
28 Feb 2015
Listed for Rent
$230/w
24 Feb 2021
  • 28 Feb 2015
    Sold for $190,000
  • 14 Oct 2014
    Listed for Sale $210,000
  • 01 Sep 2006
    Transferred for $95,000
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About Sunnybank Hills 4109

The size of Sunnybank Hills is approximately 6.5 square kilometres. It has 31 parks covering nearly 7.4% of total area. The population of Sunnybank Hills in 2011 was 16,830 people. By 2016 the population was 18,088 showing a population growth of 7.5% in the area during that time. The predominant age group in Sunnybank Hills is 20-29 years. Households in Sunnybank Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunnybank Hills work in a professional occupation. In 2011, 70.2% of the homes in Sunnybank Hills were owner-occupied compared with 67.3% in 2016.

Sunnybank Hills has 6,632 properties. Over the last 5 years, Houses in Sunnybank Hills have seen a 91.82% increase in median value, while Units have seen a 85.49% increase. As at 31 August 2024:

  • The median value for Houses in Sunnybank Hills is $1,197,694 while the median value for Units is $673,062.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 52 properties listed for sale, and 34 properties listed for rent in Sunnybank hills on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Sunnybank hills.

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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.