20/14 Ferry RoadWest End QLD 4101
Property Details for 20/14 Ferry Rd, West End
20/14 Ferry Rd, West End is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 70m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
A Dual-Key arrangement maximises the investment returns and mitigates the risk on the rental income. With a 2-in-1 apartment, even if one becomes vacant, you still receive income from the second or become creative as an owner-occupier. Live in one and rent out the other!
A perfect opportunity for affordable living in the heart of the Brisbane State High School catchment.
Investors:
With long-term tenants in place, opportunities like this are rare in an emerging suburb like West End. This is an excellent addition to your portfolio.
The key information is as follows:
- Low-maintenance complex
- 2 x studio apartments with private balconies
- Great Return on your investment dollars
- Appt #65 currently rented @ $260 per week
- Appt #66 currently rented @ $275 per week
- Total combined income of $535 per week
- Council rates were approx. $420 last quarter*
- Body corporate fees were approx. $1350 last quarter*
Owner-Occupiers:
A chance to embrace the West End lifestyle while indulging in the chic West End Cafe, Brewery & Restaurant scene. An ideal arrangement where you can live in one and rent out the other to assist with the mortgage repayment OR get creative, buy with a partner or friend and live on one side each!
- 600m to ALDI Center;
- 750m to West End Ferry Terminal;
- 1.5km to the main dining precinct;
- 2km to Brisbane State High School;
- Easy bus access to the Brisbane CBD.
Located at the rear of the building, it is quiet and private.
Don't miss the opportunity to buy what is arguably one of the best value dual key apartment investments in inner Brisbane.
*estimates - based on figures supplied by the property management.
**photos are of the empty apartment due to tenants' privacy.
***All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Property History for 20/14 Ferry Rd, West End, QLD 4101
- 12 Sep 2023Sold for $410,000
- 02 Aug 2023Listed for Sale Sold
- 29 Mar 2011Sold for $315,000
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About West End 4101
The size of West End is approximately 2.3 square kilometres. It has 4 parks covering nearly 6.7% of total area. The population of West End in 2011 was 8,061 people. By 2016 the population was 9,482 showing a population growth of 17.6% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation. In 2011, 36.9% of the homes in West End were owner-occupied compared with 38.7% in 2016.
West End has 9,153 properties. Over the last 5 years, Houses in West End have seen a 58.06% increase in median value, while Units have seen a 53.43% increase. As at 31 October 2024:
- The median value for Houses in West End is $1,767,123 while the median value for Units is $810,668.
- Houses have a median rent of $700 while Units have a median rent of $675.
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