1 Wharf St, Waterford West is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2021. The property has a land size of 502m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Ideally situated, this Duplex is within walking distance of all conveniences including grocery shops, schools, transport and Tygum Lagoon and Park. With a scenic pathway around the edge of the lagoon including fitness stations, playgrounds and an abundance of green spaces this is an ideal location only 30 minutes from Brisbane CBD. This area holds huge appeal to both tenants and investors.
This property offers extremely high income due to being configured for Co-Living rental which provides yields well in excess of standard market rental. Each resident has their own secure space, with individual bathroom and wardrobe. Kitchen, living and dining areas in the home are shared spaces where social time can be enjoyed with housemates. With each bedroom being airconditioned and a thoughtful floorplan this investment will attract high quality, long term tenants.
ABOUT THE PROPERTY
TENANT READY - CO-LIVING TURN-KEY PACKAGE
Unit 1: 2 bed, 2 bath, 1 car
Unit 2: 2 bed, 2 bath, 1 car
Land Size: 502.00 SQM
Unit 1 size: 95.71 SQM
Unit 2 size: 97.64 SQM
Total size: 193.34 SQM
Land Price: $270,000
Build price: $371,093
Total Co-Living Package Price: $641,093
Co-living estimated rental yield of $900 per week
RENTAL YIELD: 7.3%
Two contracts, house and land where you only pay stamp duty on the land
Inclusions:
Co-Living Package
Tri-Lock Pantry & Linen Cupboard
6.6kw solar system to each side
Split aircon to each bedroom (4 x 2.5kw)
Airconditioning to Living areas
Furniture Packages by 2
MCU & Infrastructure fees included
Brick veneer construction
6 star energy efficiency
Turf & 12 SQM landscape gardens
Fully fenced
Concreted driveways, paths & patios
Lever door handles throughout
Fully painted with Taubmans quality paints
Stainless Steel or black appliances
Clotheslines
TV antennas & letterboxes
Carpet & Tile throughout
Vertical blinds to all windows
Safety screens & window locks
Security screen to external doors
Fan light to bedrooms
Garage remote controls
12Mth Maintenance period
Completing an expression of interest and an initial deposit of $1,000 will secure this property
For further information contact us today
John Scanlan - 0407 375 932
Delivering the best value home & land packages in South East Queensland
The size of Waterford West is approximately 5.3 square kilometres. It has 13 parks covering nearly 10.8% of total area. The population of Waterford West in 2011 was 6,159 people. By 2016 the population was 6,424 showing a population growth of 4.3% in the area during that time. The predominant age group in Waterford West is 0-9 years. Households in Waterford West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waterford West work in a labourer occupation. In 2011, 60.5% of the homes in Waterford West were owner-occupied compared with 55.4% in 2016.
Waterford West has 2,959 properties. Over the last 5 years, Houses in Waterford West have seen a 89.96% increase in median value, while Units have seen a 123.80% increase. As at 31 August 2024:
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