OFF MARKET

40/5-13 Brookvale Drive
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 177m2
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Property Details for 40/5-13 Brookvale Dr, Underwood

40/5-13 Brookvale Dr, Underwood is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 177m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Townhouse
Year Built
2012
Floor Size
103m2
Land Size
177m2
Local Government
Logan City
Lot/Plan
40/SP245475

Last Listing description (December 2021)

This high quality three level townhouse has all the desired features for the perfect home and solid investment! A true combination of modern design and finishes, as well as functional and spacious layout.

Situated in a highly sought after area by both home owners and investors, the position is truly second to none. Located within minutes to buses, multiple shopping centres, the Pacific Motorway and Gateway Motorway linking you directly to the Brisbane CBD, Brisbane airport as well as the Gold and Sunshine Coast.

Features include:

- 3 very spacious bedrooms all with built-in wardrobes
- Master bedroom with private ensuite and air conditioning.
- Two modern bathrooms plus separate toilet.
- Large air-conditioned living area and dining area
- Modern kitchen completed with large benchtops and stainless steel appliances, including gas cook top, dishwasher and oven.
- Security screens and blinds throughout
- Rear courtyard area for entertaining
- Positively-geared Rental income
- 2 Tandem lock up Garage
- Short walking distance to 545 bus stop and moments drive to Eight Mile Plains bus station
- Close proximity to Sunnybank Plaza and Westfield Garden City shopping complex
- Currently Rented until May 2022

Features included within the community:
- Security gate (remote-controlled) to complex entrance
- A sparkling in-ground swimming pool
- Recreational area including undercover BBQ area and children's playground
- Immaculately kept gardens and grounds
- Visitor onsite parking available
- Low body corporate fees of $59 per week

NRAS financial estimates*:
2.5 years of NRAS subsidies = $11,270 + CPI p/a (exp: 12/02/2024)
NRAS rental: $326 p/w = $16,952 p/y
Gross annual income with NRAS = $28,222 p/y

As an added bonus for investors we also have unit 4 for sale on the same complex currently rented until September 2022. Both properties are marketed for sale. Call Parnam Singh now to book an inspection today!

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Property History for 40/5-13 Brookvale Dr, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$400,000
08 Dec 2021
  • 08 Dec 2021
    Sold for $400,000
  • 02 Dec 2021
    Listed for Sale $389,000
  • 30 Apr 2012
    Sold for $399,000

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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 3,331 properties.

    There are currently 27 properties listed for sale, and 12 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Underwood.

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