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Sold on 06 Nov 2024 for $390,000

6/145 Kingston Road
Woodridge QLD 4114

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 102m2
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Property Details for 6/145 Kingston Rd, Woodridge

6/145 Kingston Rd, Woodridge is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 102m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Townhouse sold in Woodridge in the last 12 months.

Building Type
Townhouse
Year Built
1985
Floor Size
84m2
Land Size
102m2
Local Government
Logan City
Lot/Plan
6/BUP6033

Last Listing description (December 2024)

Investor's Dream in a Prime LocationIntroducing 6/145 Kingston Road, Woodridgea double-story townhouse offering an exceptional investment opportunity with immediate rental income. Nestled in a quiet, well-maintained complex of just 15 townhouses, this property is perfect for savvy investors looking to secure a high return on investment in a strategic location.Long-Term Tenant Already in PlaceThis property already has a long-term tenant. It is leased until July 2025 at a rental income of $350 per week. This ensures a steady cash flow from day one, providing peace of mind and a hassle-free investment experience.Modern and Low-Maintenance LivingThis townhouse offers a practical layout designed to maximize space and comfort:Ground Floor: The ground floor's open-plan living and dining area features a carpeted floor that seamlessly connects to a fully fenced brick-paved courtyard, perfect for tenant enjoyment with minimal maintenance required.Kitchen: The well-equipped L-shaped kitchen includes ample storage, an electric cooktop, and a new freestanding oven (replaced in June), making it a functional space for everyday living. A discrete laundry area adjacent to the kitchen adds to the convenience.Bedrooms: Upstairs, the property offers two generously sized, carpeted bedrooms. The master bedroom includes built-in wardrobes, and both bedrooms have new ceiling fans that were replaced approximately six months ago.Bathroom: The modern bathroom includes a combined bathtub, shower, and toilet, catering to all your essential needs.Garage: The property also includes a lockable garage with internet access, providing secure parking and added convenience for modern living.Key Feature:- Double-story townhouse: Offering spacious living across two levels.- Long-term tenant in place: Leased until July 2025, providing immediate rental income of $350 per week.- Low-maintenance courtyard: Fully fenced, brick-paved courtyard for tenant enjoyment.- Well-equipped kitchen: Features ample storage, an electric cooktop, and a new freestanding oven.- Two generously sized bedrooms: Both carpeted and fitted with new ceiling fans.- Lockable garage: Secure parking with internal access and internet connectivity.- Modern bathroom: Includes a combined bathtub, shower, and toilet.- Freshly painted: Completed 18 months ago, ensuring a well-maintained property.- Prime location: Close to shops, schools, and public transport options, with Woodridge Train Station just 1.5 km away.- Strong investment potential: Rental appraisal estimates between $390 - $410 per week, offering future growth in rental yield.Financial HighlightsCurrent Rental Income: $350 per week with a lease secured until July 9, 2025.New Rental Appraisal: The rental is estimated at $400 - $430 per week, and there is potential for increased rental yield in the future.Low Body Corporate Fees: Only $2,000 annually, including building insurance.Council Rates: Approximately $999 per quarter, including the standard water bill.Strategic Location High Demand Area This townhouse is located in the heart of Woodridge, a highly sought-after area that consistently attracts tenants due to its unbeatable convenience and amenities. Recently, a brand-new retail and commercial hub has opened within walking distance in the well-established Slacks Creek industrial precinct. This hub features a variety of shops, retail outlets, offices, and medical consulting services, along with national retailers like United Petroleum Fuels, Slim's Quality Burgers, Two Bros Chicken, a juice bar, pizza, traditional kebab shops, and more.Location Benefits:Shopping & MarketsLogan Central Plaza: Approximately 2 km away, offering a variety of major retailers, specialty stores, and dining options.Underwood Marketplace: About a 10-minute drive, providing supermarkets, shops, and eateries.Sunnybank Plaza: Roughly a 15-minute drive, featuring a wide range of stores, restaurants, and entertainment options.FoodWorks: Just a short walk away for convenient grocery shopping.Farmers Market: Held every Sunday nearby, offering fresh vegetables and food options.Public TransportWoodridge Train Station is approximately 1.5 km away and provides regular train services to Brisbane CBD and the Gold Coast.Bus Stops: Located along Kingston Road and nearby Ewing Road, offering easy access to multiple bus routes.Schools & EducationWoodridge North State School: About a 5-minute drive, catering to primary school students.Woodridge State High School: Approximately 1.5 km away, providing secondary education.St Paul's Primary School: A 10-minute drive for private primary education.Islamic College of Brisbane: Roughly 1.8 km away, offering education from Prep to Year 12.Faith Christian School of Distance Education: Located within 0.5 km.Childcare & Early LearningUnderwood Play and Learn: Approximately 0.5 km away.Excellent Kids Montessori: About 1 km away.Kids Village Child Care Centre: Around 1 km away.Snookums Early Learning Centre: Roughly 0.8 km away.Eden Academy Woodridge: About 0.8 km away.Recreational FacilitiesTimothy Park is located a 2-minute drive from the property, providing green space for outdoor activities and relaxation.Logan Entertainment Centre: Close by, providing a venue for entertainment and community events.Logan City Tenpin: Nearby for bowling and recreational fun.HealthcareLogan Hospital: A short drive away, offering a full range of healthcare services.Springwood Health Hub: About a 7-minute drive for various health services.Local Medical Clinics: Numerous clinics are in the vicinity for general healthcare needs.Highways and Road AccessCompton Road & Kingston Road: Major roads that provide easy access to surrounding suburbs.Pacific Motorway (M1): Quick access to the motorway, making trips to Brisbane CBD or the Gold Coast convenient.This prime location offers a wealth of amenities within easy reach, making it highly desirable for both tenants and homeowners.Exceptional Investment PotentialThis property is rare for investors seeking a reliable, long-term income stream with minimal management hassle. The strategic location, combined with the strong rental demand in Woodridge, ensures this investment will continue to grow in value. The average townhouse price in the area has seen significant appreciation, with further growth expected in the coming years.Dont Miss Out on This Prime InvestmentSecure your future with this high-yield, low-maintenance investment in one of Woodridges most sought-after locations. Contact Yogi Sharma today at 0424 836 194 to discuss how this property can enhance your investment portfolio.Disclaimer: Every effort has been made to ensure the accuracy of this information; however, we disclaim any liability for errors or misstatements. Prospective purchasers should independently verify the information. Virtual furniture and curtains may have been used in images, and while we have ensured their accuracy, we cannot guarantee it. We do not accept liability for any errors or omissions related to a propertys land size, floor plans, measurements, building age, and condition.

Property History for 6/145 Kingston Rd, Woodridge, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$390,000
06 Nov 2024
Listed for Rent
$270/w
22 Mar 2021
  • 06 Nov 2024
    Sold for $390,000
  • 01 Sep 2024
    Listed for Sale Offers Over $378,000 Low Body Corporate Fees!
  • 08 Mar 2021
    Listed for Rent $283 / week
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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 5,479 properties. Over the last 5 years, Houses in Woodridge have seen a 122.28% increase in median value, while Units have seen a 98.15% increase. As at 30 November 2024:

  • The median value for Houses in Woodridge is $620,294 while the median value for Units is $400,779.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 34 properties listed for sale, and 14 properties listed for rent in Woodridge on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Woodridge.

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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.