3/19 Willacy StreetWandoan QLD 4419
Property Details for 3/19 Willacy St, Wandoan
3/19 Willacy St, Wandoan is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2014. The property has a land size of 183m2.
Last Listing description (January 2017)
INVESTORS TAKE NOTE - HIGH YIELD - EXCELLENT DEPRECIATION - ALREADY TENANTED!!
No need to build or buy furniture. No need to find the right tenant. This great investment property comes fully furnished and is tenanted by a large corporate client who has 17 years remaining on their contract in this region - creating long term demand in the area. There is an immediate opportunity to enjoy a strong rental return and excellent tax depreciation benefits.
This spacious 4 Bedroom home (or 3 plus study) is located in the CSG region of Wandoan in the Surat Basin.
* Fully furnished with televisions in every room
* 4 bedroom (or 3 plus study) master includes ensuite and WIR
* 2.5 bathrooms, - 2 upstairs and toilet and powder room downstairs
* Ducted air conditioning throughout
* Double lock up garage
* Private courtyard and Al fresco outdoor area downstairs
* Located In a boutique development of just 16 townhouses
* Low Body Corporate fees
- Existing Rental Income $ 525 per week
- Actual Gross Yield of 7.48%
- New 12 month lease signed which expires on the 8/4/2017
- Less than 12 months old providing excellent tax depreciation opportunity for the savvy investor.
* Large multi national client currently renting property and have a 17 year contract remaining in region
Wandoan is located on the Leichhardt Highway 270km west of Gympie, 67km north of Miles.
If you would like to know more or would like to arrange to inspect this property please call Sharon Richter on 0419 725917.
Property History for 3/19 Willacy St, Wandoan, QLD 4419
- 25 May 2016Listed for Sale $365,000
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About Wandoan 4419
The size of Wandoan is approximately 730.7 square kilometres. It has 4 parks covering nearly 0.8% of total area. The population of Wandoan in 2011 was 654 people. By 2016 the population was 566 showing a population decline of 13.5% in the area during that time. The predominant age group in Wandoan is 20-29 years. Households in Wandoan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wandoan work in a managers occupation. In 2011, 59.7% of the homes in Wandoan were owner-occupied compared with 44.3% in 2016.
Wandoan has 527 properties. Over the last 5 years, Houses in Wandoan have seen a 94.86% increase in median value, while Units have seen a 49.06% increase. As at 31 October 2024:
- The median value for Houses in Wandoan is $186,545 while the median value for Units is $299,345.
- Houses have a median rent of $380 while Units have a median rent of $240.
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