1/105 Stagpole StreetWest End QLD 4810
Property Details for 1/105 Stagpole St, West End
1/105 Stagpole St, West End is a 4 bedroom, 4 bathroom House and was built in 1900. The property has a land size of 656m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (January 2024)
This real estate property is an excellent investment opportunity, featuring four units on one title with a combined rental return of $1070.00 per week. This real estate opportunity is sure to provide a solid return on investment. The property was fully renovated in 2019, ensuring that tenants will have a modern, comfortable and safe living environment.
The renovations included:
- Upgrading the roof to make it insulated and cyclone-proof.
- New reverse cycle split system air conditioning, which provides comfortable heating and cooling.
- Fully rewired, with a new upgraded switchboard, new fans and LED downlights throughout, as well as a full plumbing upgrade.
- Each unit has a new electric hot water system, ensuring a reliable and energy-efficient supply of hot water.
- The bedrooms have new carpet, while the windows have been replaced with new ones featuring screens throughout the units. Two units feature polished timber floors, while the other two units have vinyl planking.
- Each unit has been individually fenced, allowing tenants to accommodate small pets if desired.
3D tour link for the units is available on request.
Features:
- 4 x One Bedroom units.
- One Bathroom in each unit.
- One open car space in each unit.
- The split system air-conditioning provided in each living room is sufficient to cool the entire unit.
- The sleek and stylish open-plan kitchen features cabinet space and an electric cooker in each unit.
- Independent laundry facility for each unit.
Additional information:
- Annual rental return of approx. $58,000 per year.
- Opportunity to earn a staggering 8.25% - 8.5% rental yield.
- Prominent location ensuring low vacancy throughout the year.
- Council rates approx. $9,970 per annum.
- These units are not strata titled, making them an excellent investment opportunity for those looking to own multiple rental properties on a single title.
If you are keen to know more, please contact Varun Pinto at 0449 567 443.
Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product.
Property History for 1/105 Stagpole St, West End, QLD 4810
- 07 Apr 2023Listed for Sale $680,000
- 10 Dec 2021Sold for $530,000
- 08 Nov 2021Listed for Sale Offers Over $530,000
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About West End 4810
The size of West End is approximately 3.1 square kilometres. It has 13 parks covering nearly 17% of total area. The population of West End in 2011 was 4,241 people. By 2016 the population was 4,074 showing a population decline of 3.9% in the area during that time. The predominant age group in West End is 30-39 years. Households in West End are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West End work in a professional occupation. In 2011, 45.2% of the homes in West End were owner-occupied compared with 45.6% in 2016.
West End has 2,591 properties. Over the last 5 years, Houses in West End have seen a 75.11% increase in median value, while Units have seen a 58.11% increase. As at 31 October 2024:
- The median value for Houses in West End is $503,085 while the median value for Units is $336,937.
- Houses have a median rent of $470 while Units have a median rent of $360.
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