OFF MARKET

25/31 Merrick Street
Wishart QLD 4122

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 194m2
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Last updated 11 Nov 2024
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Property Details for 25/31 Merrick St, Wishart

25/31 Merrick St, Wishart is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2004. The property has a land size of 194m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Townhouse
Year Built
2004
Floor Size
110m2
Land Size
194m2
Local Government
Brisbane
Lot/Plan
25/SP165781

Last Listing description (January 2018)

*Please read important notes at the bottom of this listing.
Hello, I'm Lucky Ramya Tennekoon and welcome to this tidy investment property in the Wishart Rise Villas community. This property is tenanted on a periodic lease and is achieving rent of $430 per week, offering a great return for buyers. Split over two levels, the upstairs features 3 bedrooms, with built-in robes, ceiling fans and a master bedroom with ensuite and walk-in. The main bathroom features a shower and bath, as well as a separate toilet. Downstairs includes a large open plan lounge / dining / kitchen area, with sliding glass doors leading to the backyard. There is also a laundry with separate toilet and direct access to the backyard.
Full features

- Master bedroom w/ walk-in robe, ceiling fan, ensuite and balcony
- Ensuite bathroom w/ shower, toilet and vanity unit
- 2 additional bedrooms w/ built-in robes and ceiling fans
- Main bathroom w/ shower, bath, vanity and separate toilet
- Open plan Kitchen / Dining / Lounge area downstairs
- U-Shape Kitchen w/ oven, range hood, pantry, dishwasher and plenty of storage
- Laundry w/ direct exterior access, hook ups for washer and dryer, sink and separate toilet
- Single car garage w/ extra storage
- Private backyard w/ clothes line
- Shared pool in the complex
Body Corporate Fees
These fees have just been reduced by the body corporate managers!
The next two Qtrs payments are in brackets below;
Admin Contributions: $605 per qtr ($463 per Qtr at new rate)
Sinking Contributions: $537 per qtr ($41 per Qtr at new rate)
Sinking Fund Balance: $145,016.87 as at 30th of August 2016
This property is not to be missed, ideal for investors, retirees or first home buyers. If you think this property is suitable for you then come along to one of our open home inspections!
*1.Property is currently tenant and as such is only available for inspections on Saturdays. 2.Photos used in this advertisement are depicting another unit in this complex. Pictures are therefore indicative only and may not represent the actual layout, design or features of the property which is for sale.
3.Entry to this unit is via the Suffolk St entrance to the complex, parking is available on Suffolk St or within the complex during open homes.

Property History for 25/31 Merrick St, Wishart, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$420,000
13 Nov 2017
  • 13 Nov 2017
    Sold for $420,000
  • 23 Oct 2017
    Listed for Sale Offers $417K Plus
  • 02 Oct 2003
    Sold for $249,000

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About Wishart 4122

The size of Wishart is approximately 4.3 square kilometres. It has 14 parks covering nearly 17.2% of total area. The population of Wishart in 2011 was 10,460 people. By 2016 the population was 10,708 showing a population growth of 2.4% in the area during that time. The predominant age group in Wishart is 10-19 years. Households in Wishart are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wishart work in a professional occupation. In 2011, 74.2% of the homes in Wishart were owner-occupied compared with 74.6% in 2016.

Wishart has 3,921 properties. Over the last 5 years, Houses in Wishart have seen a 73.95% increase in median value, while Units have seen a 84.23% increase. As at 31 October 2024:

  • The median value for Houses in Wishart is $1,344,385 while the median value for Units is $751,501.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Wishart on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Wishart.

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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.