226 Cypress StreetUrangan QLD 4655
Property Details for 226 Cypress St, Urangan
226 Cypress St, Urangan is a 5 bedroom, 3 bathroom Unit and was built in 1983. The property has a land size of 964m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (September 2024)
If you ever wanted to make a rock solid investment - this is it - literally!
This Besser Block building is arranged as 3 flats and currently produces $800pwk.
Zoned High Density, there is plenty of scope for future development with indications that the land can yield 9-10 units under the current town plan.
Short to medium term, enjoy the income and maybe increase the yield by adding more units at the front
Whatever you decide, rest assured this is real estate gold one street from the beach and in the highly desired suburb of Urangan. Excellent amenities are within easy walking distance and the airport is a short drive.
Do not miss this chance - the current vendor is extremely genuine about achieving a sale so make an offer today.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Property History for 226 Cypress St, Urangan, QLD 4655
- 28 Jul 2021Sold for $740,000
- 08 Jun 2021Listed for Sale Offers over $750,000
- 12 Oct 2020Listed for Rent - Price not available
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About Urangan 4655
The size of Urangan is approximately 14 square kilometres. It has 23 parks covering nearly 12.6% of total area. The population of Urangan in 2011 was 9,168 people. By 2016 the population was 9,728 showing a population growth of 6.1% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Urangan work in a professional occupation. In 2011, 58% of the homes in Urangan were owner-occupied compared with 60% in 2016.
Urangan has 6,627 properties. Over the last 5 years, Houses in Urangan have seen a 89.73% increase in median value, while Units have seen a 103.57% increase. As at 31 October 2024:
- The median value for Houses in Urangan is $686,346 while the median value for Units is $554,137.
- Houses have a median rent of $550 while Units have a median rent of $478.
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