19 Gorham St, Tingalpa is a 7 bedroom, 3 bathroom House with 3 parking spaces and was built in 1989. The property has a land size of 313m2 and floor size of 211m2.
A PRIZED DEVELOPMENT OF THREE BRICK AND TILE UNITS PRESENTED IN EXCELLENT CONDITION BY CARING OWNERS. THE PROPERTY WILL EXCITE THE ASTUTE INVESTOR REQUIRING STRONG CAPITAL GROWTH AND SOLID RETURN. On separate titles (no body corporate fees) the property has an A1 location within minute walking distance to shopping facilities and parkland with the Gateway Motor Way providing ease of access to the CBD of Brisbane and the recreational facilities on the Gold Coast. Comprising a three bedroom penthouse style unit and 2 x 2 bedroom ground floor units they are advantaged by laundry facilities and individual lock up garages. Under leases each unit is underlet due to long term quality tenants and currently returning $57,720.00 and a current leasing appraisal indicating a return of $67,600.00 pa available with outgoings on request. The development was built in 1980 and sits on 610 sqm of land. OUR RETIRING SELLERS ARE KEEN TO SELL AND WILL CONSIDER OFFERS OVER $1,300,000
Enquiries to Andrew Sim 0426 582 818
The size of Tingalpa is approximately 8.9 square kilometres. It has 23 parks covering nearly 32.9% of total area. The population of Tingalpa in 2011 was 8,539 people. By 2016 the population was 8,294 showing a population decline of 2.9% in the area during that time. The predominant age group in Tingalpa is 30-39 years. Households in Tingalpa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tingalpa work in a professional occupation. In 2011, 70.5% of the homes in Tingalpa were owner-occupied compared with 71% in 2016.
Tingalpa has 3,919 properties. Over the last 5 years, Houses in Tingalpa have seen a 80.94% increase in median value, while Units have seen a 96.33% increase. As at 30 September 2024:
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