OFF MARKET

51/129 North Road
Woodridge QLD 4114

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 299m2
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Property Details for 51/129 North Rd, Woodridge

51/129 North Rd, Woodridge is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 299m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1989
Floor Size
94m2
Land Size
299m2
Local Government
Logan City
Lot/Plan
65/GTP2175

Last Listing description (July 2019)

Investing in residential property is not rocket science! Here is the perfect example of value and exceptional yield of 8.3%, returning $310 per week in rent.
This 3 bedroom lowset brick and tile unit is set in the gated and secure Northridge Villas complex, which is a very well established and beautifully maintained residential community comprising of 60 Villas. The jewel in the crown of this complex is a sparking in-ground pool set amongst landscaped gardens which are all maintained to a high standard.
With a spacious lounge room with raked ceilings and an additional living space adjoining, provides flexibility for any tenant, and the new addition of a large reverse cycle air-conditioner to the living area assures the residence are comfortable all year round.

The kitchen provides ample cupboard space, is a very practical design, offering access to the rear fully fenced turfed yard.
With 3 bedrooms, two of which are complete with built-in robes, and a central family bathroom, this unit offers a good level of comfort and has always had exceptionally low vacancy.
Lowset villas are sought after and seldom come on the market!
Do the Maths, and you will also agree, that this Villa is a sound investment in anyones books.
The current tenant is paying $310 per week in rent.
Associated Fees
Body corporate of $552.79 per quarter
Property Rates of $711.00 (excluding water) per quarter

FEATURES LIST:

3 Bedrooms two with built-in robes
Brick & tile unit
New carpet, less than 12 months ago
Large fully fenced backyard
New hot water system
Near new reverse cycle air-conditioning unit
Two separate living areas
Raked ceiling to main lounge
Storage cupboard in living area
Two way bathroom
Corner bath under shower
Master bedroom with sliding door to rear yard
End Villa which is sharing only 1 common wall
Naturally shaded courtyard to the front
Single car carport
Set to the rear of the complex
Two gated entry points North Road and Willow Street
Well maintained complex comprising of 60 Villas
Sparking in-ground pool
Quite complex which is very well laid out

DISCLAIMER:
Please note: Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours of an advertised open home. Therefore confirmation of all open home times with the listing agent is advised.

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Property History for 51/129 North Rd, Woodridge, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$190,000
14 May 2018
  • 14 May 2018
    Sold for $190,000
  • 27 Apr 2018
    Listed for Sale Not Disclosed
  • 29 Apr 2003
    Sold for $69,000
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About Woodridge 4114

The size of Woodridge is approximately 4.7 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Woodridge in 2011 was 12,787 people. By 2016 the population was 12,571 showing a population decline of 1.7% in the area during that time. The predominant age group in Woodridge is 0-9 years. Households in Woodridge are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woodridge work in a labourer occupation. In 2011, 39.6% of the homes in Woodridge were owner-occupied compared with 36.7% in 2016.

Woodridge has 5,455 properties. Over the last 5 years, Houses in Woodridge have seen a 122.79% increase in median value, while Units have seen a 99.05% increase. As at 31 October 2024:

  • The median value for Houses in Woodridge is $622,534 while the median value for Units is $393,731.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 47 properties listed for sale, and 23 properties listed for rent in Woodridge on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Woodridge.

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