OFF MARKET

16/1 Cristaldi Avenue
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 118m2
Land area: 152m2
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Property Details for 16/1 Cristaldi Ave, Underwood

16/1 Cristaldi Ave, Underwood is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 152m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
2012
Floor Size
118m2
Land Size
152m2
Local Government
Logan City
Lot/Plan
16/SP241857

Last Listing description (November 2016)

1st home buyers - Exceptional well looked after clean and tidy, two level townhouse with low maintenance to suit the first time homeowners - nothing need to be done, just move in and enjoy!
All investors - If you are looking for a financial instrument with great returns, look no further. High gross rental yield, current long-term tenants, low body corporate fees and the townhouse is only 4 years new! You can choose from under the National Rental Affordability Scheme or NRAS**, when you buy this townhouse you will be eligible for annual incentive rebates. See * below. Or buy it as a normal rental property and anticipated rental return is $400 to $410 pw.
With a location like this close to schools, shopping centres, restaurants, offices and both motorways, it s a haven for families and tenants. The location is in demand!

This sensational townhouse features:
Downstairs:
- Quality floor tile coverings through the lounge, dining and kitchen; split aircon system cools the whole downstairs
- Top class kitchen with Caesarstone benchtop, induction cooktop and quality appliances, abundant cabinetry space and pantry
- Extra toilet
Upstairs:
- Extra wide timber stairs leading up to 3 comfy bedrooms
- Master suite with bonus study nook, him and her robes, attached ensuite
- Stand alone bathroom with skylights
- State of the art air circulation system to cool the whole upstairs efficiently
Extra benefits:
- Rare double remote controlled garage
- Gas hot water system
The current owners had a great run for the past 4 years but due to a change in their personal circumstances, they have to sell. So now it s your privilege and opportunity to own this sensational townhouse and reap great rewards! Body corporate fees is $693.22 per quarter. Call Johnson Teo on 0422 804 811 for him to help you buy this property.
www.johnsonteo.com
* Disclaimer: Current tenants are paying $345 pw + you get NRAS Incentive rebate on top from the Government of $10,661 pa for the FY2014/15.
** Under the National Rental Affordability Scheme or NRAS, the Australian Government in conjunction with the States and Territories is providing financial incentives to purchasers of such housing to:
- increase the supply of affordable rental housing
- reduce the rental costs for low to moderate income household

Property History for 16/1 Cristaldi Ave, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$386,000
01 Dec 2016
  • 01 Dec 2016
    Sold for $386,000
  • 17 Jun 2016
    Listed for Sale Offers Over $385,000
  • 22 Dec 2011
    Sold for $385,000

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About Underwood 4119

The size of Underwood is approximately 4.2 square kilometres. It has 11 parks covering nearly 9.8% of total area. The population of Underwood in 2011 was 5,327 people. By 2016 the population was 6,343 showing a population growth of 19.1% in the area during that time. The predominant age group in Underwood is 30-39 years. Households in Underwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation. In 2011, 70.2% of the homes in Underwood were owner-occupied compared with 67.6% in 2016.

Underwood has 3,334 properties.

    There are currently 25 properties listed for sale, and 17 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Underwood.

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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.