4/5 Duncan StreetWest End QLD 4101
Property Details for 4/5 Duncan St, West End
4/5 Duncan St, West End is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 189m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (July 2010)
Management Rights: MAGNIFICENT LIFESTYLE PROPERTY WITH SOLID INCOME AND LUXURIOUS RESIDENCE
Earn $148,000 per year while enjoying a relaxed lifestyle in one of Brisbane's trendiest, riverfront areas.This beautiful, quality complex overlooks the Brisbane River, with pedestrian and bicycle traffic only allowed on the entire river frontage of the complex;The Managers unit is a luxurious 3-bedroom/2-bathroom, 2-story townhouse with a large outdoor terrace, which is perfect for entertaining and outdoor living all year-round. There is 2-car accommodation for the Manager;The grounds of the property are beautiful and easily maintained, with lush greenery providing a tranquil, oasis-like environment. Also, the Body Corporate is currently in the process of upgrading the propertys landscaping and main entry area;Rentals in this quiet, quality complex are in great demand. There are no designated Office Hours and the property is easily managed and maintained. Apart from the landscaped gardens, the pool is the only facility to be maintained. For a couple, this is truly a lifestyle business, or it can be easily operated by one person.This property is a must to inspect for anyone wanting to live in a superb residence in a beautiful location, while, importantly, enjoying a very healthy income and a light workload. Net Profit: $148,632
Please Contact Tim Crooks on 0422 208 450
Property History for 4/5 Duncan St, West End, QLD 4101
- 09 Oct 2019Sold for $900,000
- 03 Sep 2013Sold for $750,000
- 26 Aug 2010Sold for $700,000
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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 9,223 properties. Over the last 5 years, Houses in West End have seen a 59.78% increase in median value, while Units have seen a 51.99% increase. As at 31 August 2024:
- The median value for Houses in West End is $1,678,922 while the median value for Units is $804,022.
- Houses have a median rent of $738 while Units have a median rent of $660.
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