OFF MARKET

815 Kingston Road
Waterford West QLD 4133

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 300m2
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Property Details for 815 Kingston Rd, Waterford West

815 Kingston Rd, Waterford West is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 300m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2017
Floor Size
90m2
Land Size
300m2
Local Government
Logan City
Lot/Plan
3/SP283578

Last Listing description (November 2020)

No need to wait for construction, this approximately 1 year old dual key property is ready to go. A win-win investment with great depreciation, great rent return, all on one title means 1 set of rates.

Tenants currently in place in both residences, paying a combined rent amount of $640p/w, the property offers a 6+% return less outgoings. With room to increase the current rental amounts on future leases, the return offered by the property is substantial.

Creative, clever, contemporary: this near new, light filled dual residence projects significant style throughout its appealing spaces. Positioned on a 503sqm block and conveniently located, close to a range of Primary and Secondary Schools, the great local asset of the Tygum Lagoon and Parklands, local shopping and dining precincts, as well as, Logan Hospital and highway access.

The flexibility of this dual home offers an endless array of options, where extended families can reside together without compromising on space or privacy, alternatively, you can live in one home and rent the other, or simply lease both, collect two rents and watch your investment grow. An added bonus is that the property is on one title, meaning no body corporate levies and only one lot of rates to pay.

Both residences offer spacious tiled and air-conditioned, central lounge and dining zones, overlooking the modern kitchen with quality appliances. One side offers a three bedroom configuration, with the master bedroom featuring a generous robe, air-conditioning and an ensuite, as well as, a sparking central bathroom servicing the additional two bedrooms. The other residence offers two bedrooms, with a main bathroom.

The indoor spaces flow seamlessly, with each residence offering a separate courtyard, complete with a covered alfresco dining area. The fully fenced and low maintenance yards are perfect for professionals as they offer space, without the hassle of a large garden to maintain. Each residence offers a single automatic, lock-up garage and an additional parking space.

Ideal from every angle, don't wait as this unique property is less than a year old property and will not be repeated! Call today to arrange your private inspection.

Property History for 815 Kingston Rd, Waterford West, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$530,000
11 May 2018
  • 09 Nov 2020
    Listed for Sale $549,000
  • 11 May 2018
    Sold for $530,000
  • 07 Feb 2018
    Listed for Sale $549,000
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About Waterford West 4133

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 2,925 properties.

    There are currently 33 properties listed for sale, and 9 properties listed for rent in Waterford west on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Waterford west.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.