49 Royd StreetWandoan QLD 4419
Property Details for 49 Royd St, Wandoan
49 Royd St, Wandoan is a 18 bedroom, 16 bathroom Unit with 10 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (October 2019)
Wandoan Central Apartments are situated in a prime position in the heart of a booming resources town, in the Surat Basin in Southern Queensland. These near new apartments were completed in August 2013, and are fully fitted-out and furnished - and rented.
This is an incredible opportunity to secure a solid investment with an excellent secure return. The investment provides a 10% return on purchase price and a guaranteed rental on the whole property for 3 years and options for a further 2 x 3 year leases.
This apartment development comprises of:
- Self-contained dual key configuration apartments (rentable as 2 bed)
- 10 Car Spaces on site
- Quality kitchen appliances throughout
- Bathrooms have quality ceramic tiling from floor to ceiling
- Two separate buildings that contain 8 apartments each
- All units have private balconies
- 10% rental return (on purchase price), with 3 year lease on entire property and further options for 2 x 3 years
Call Shaun today for your full Information Memorandum on this rare and profitable opportunity.
Property History for 49 Royd St, Wandoan, QLD 4419
- 26 Jun 2019Sold for $4,300,000
- 23 Oct 2014Listed for Sale $2,380,000
- 03 Feb 2011Sold for $230,000
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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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