OFF MARKET

34/34 Donald Street
Woody Point QLD 4019

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
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Property Details for 34/34-A Donald St, Woody Point

34/34-A Donald St, Woody Point is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 114m2.

Building Type
House
Floor Size
114m2
Local Government
Moreton Bay

Last Listing description (March 2021)

Positioned in the heart of the coveted Redcliffe Peninsula, just a short stroll from the sparkling foreshore, this is a golden opportunity like no other! The perfect chance to grab a ready made superior investment, there is also brilliant scope to build your dream home in a picture perfect seaside location, making this chance a golden egg for investors, owner occupier's and everyone in between!

Occupying a flat 405m2 parcel of land, there is currently two air conditioned dwellings on site that provide an exceptional 5.6% gross yield. A large one bedroom house with enclosed sleepout at the front and a two bedroom house at the rear currently provide a combined return of $630 per week with good tenants already in place. Perfect for a set and forget investment, there is the undeniable opportunity to increase your property portfolio with little fuss!

There is of course the incredible option of capitalising on the easy build quality of a very accessible block by demolishing the current dwellings and building a home of your dreams, taking supreme advantage of a water views with the 12m height limit and position which allows tremendous access to the effervescent seaside foreshore, vibrant dining hubs, quality schools and effortless commute.

Rarely does an opportunity come along that allows such endless scope to renovate, land hold, or build in such a privileged location whilst providing a superior investment in the meantime! This is a once in a lifetime chance to capture a prized piece of the real estate market!

- 405m2
- Two dwellings on site with current tenants in place
- Short stroll to foreshore, parkland, bike paths and local shops
- 1 x 1 bedroom house
- 1 x 2 bedroom house
- 5.6% gross yield
- Superb opportunity for future development, renovation or building new
- Fully air conditioned

Property History for 34/34-A Donald St, Woody Point, QLD 4019

A timeline of how this property has performed in the market
  • 17 Feb 2021
    Listed for Sale $585,000
  • 31 Oct 2020
    Listed for Sale $575,000
  • 24 Sep 2018
    Listed for Sale Presenting Offers

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About Woody Point 4019

The size of Woody Point is approximately 1.7 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Woody Point in 2011 was 4,088 people. By 2016 the population was 4,426 showing a population growth of 8.3% in the area during that time. The predominant age group in Woody Point is 50-59 years. Households in Woody Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woody Point work in a professional occupation. In 2011, 49.1% of the homes in Woody Point were owner-occupied compared with 52.1% in 2016.

Woody Point has 2,959 properties. Over the last 5 years, Houses in Woody Point have seen a 82.09% increase in median value, while Units have seen a 88.73% increase. As at 31 October 2024:

  • The median value for Houses in Woody Point is $908,421 while the median value for Units is $730,081.
  • Houses have a median rent of $595 while Units have a median rent of $500.
There are currently 32 properties listed for sale, and 17 properties listed for rent in Woody point on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Woody point.

Suburb Insights for Woody Point 4019

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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.