37/14 Ferry RoadWest End QLD 4101
Property Details for 37/14 Ferry Rd, West End
37/14 Ferry Rd, West End is a 4 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 94m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (February 2023)
This is a 'sit and forget' investment with incredible returns. Located in the middle of the Brisbane State High catchment, it is arguably one of the hottest property markets in Queensland. Built circa 2005, the complex was designed primarily with investment in mind, with the main goal of maximising investor returns. However, these 4-bedroom configurations have been well sought after by the owner-occupier due to their incredibly affordable price and the options that are available!
This apartment is quietly positioned on the top floor of the complex. Each room is individually rented, on its own lease, providing incredible rental yields since inception. Vacancy rates are almost negligible, and due to the configuration, if one party leaves, you are still obtaining income from the others. It is basically a foolproof investment!
If you are an owner-occupier who desires entry into the Real Estate market, this opportunity needs to be considered. There is a range of options available to you. You may even decide to live in one and rent out the other three bedrooms to receive a superb weekly income, which will assist with covering the mortgage and other associated costs.
Not only offering ideal investment criteria, but it also offers location and lifestyle benefits with a the brand new Montague Markets going in right across the road. In addition, you have access to everything you'd expect from the suburb of West End:
* 600m to ALDI Centre;
* 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.
The features are as follows (but certainly not limited to):
* 4 Bedrooms, all on individual leases;
* One bathroom with two separate toilets;
* A well-positioned kitchen & dining leads to a balcony;
* The apartment is furnished in the common area; &
* Located in the emerging West End precinct.
Call now to discuss the full details.
*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 37/14 Ferry Rd, West End, QLD 4101
- 09 Feb 2023Listed for Sale Price Guide: $510,000 to $530,000
- 17 Nov 2022Sold for $510,000
- 15 Feb 2006Sold for $212,233
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0About 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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