16/1 Cristaldi AvenueUnderwood QLD 4119
Property Details for 16/1 Cristaldi Ave, Underwood
16/1 Cristaldi Ave, Underwood is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 152m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Townhouse sold in Underwood in the last 12 months.
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!
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
- 09 Sep 2024Sold for $712,000
- 01 Dec 2016Sold for $386,000
- 17 Jun 2016Listed for Sale Offers Over $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 3,366 properties. Over the last 5 years, Houses in Underwood have seen a 83.92% increase in median value, while Units have seen a 107.07% increase. As at 30 November 2024:
- The median value for Houses in Underwood is $1,094,357 while the median value for Units is $673,900.
- Houses have a median rent of $680 while Units have a median rent of $475.
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