SOLD
Sold on 19 Dec 2023 for $310,000

102/2-8 Rigg Street
Woree QLD 4868

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 115m2
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Sold By
Grant Freeman
AUSTRALIAN PROPERTY MANAGEMENT ALLIANCE
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Property Details for 102/2-8 Rigg St, Woree

102/2-8 Rigg St, Woree is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 115m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Woree in the last 12 months.

Building Type
Townhouse
Year Built
2008
Floor Size
85m2
Land Size
115m2
Local Government
Cairns Regional
Lot/Plan
102/SP210222

Last Listing description (August 2024)

Resort style living at 'City Waters' :
* One of only a few ground floor single level two bedroom units
* WSW Lanai and master bedroom outlook

* Straight-through two bedroom floor plan with master bedroom poolside
* Private yet light and bright with mature plantings at your Lanai / verandah
* Two bathrooms both with showers
* Open plan lounge living
* Three (3) split airconditioning systems installed, two replaced 2015 & 2106
* Furnished with original furniture
* Allocated undercover carport space close to the unit
* Secure gated complex
* 4 pools in the complex
* Small Gymnasium
* Minutes to the City
* Close to the local shopping centre and amenities

Popular with tenants as the complex offers resort style living having the features and amenities all in a secure complex. In addition it is only a few minutes to Cairns and a short walk to the local shopping centre.

Total Annual fees are as follows:
Council Rates 2,700
Water 250
Body Corporate Fees 4,964
Building Insurance 1,249
Total 9,163

The property is currently rented at $440pw until 08 March 2024. Rent renewal would be $500pw which would provide for a true net yield of 4.7%

Price : $315,000 Furnished

Grant Freeman 0417 159 357

Should you be considering selling your property please do not hesitate to contact us - we are here to help you

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Property History for 102/2-8 Rigg St, Woree, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$310,000
19 Dec 2023
Listed for Rent
$320/w
10 Jan 2017
  • 19 Dec 2023
    Sold for $310,000
  • 04 Nov 2023
    Listed for Sale Not Disclosed
  • 05 Jan 2017
    Listed for Rent - Price not available
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About Woree 4868

The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.

Woree has 2,876 properties. Over the last 5 years, Houses in Woree have seen a 63.32% increase in median value, while Units have seen a 80.79% increase. As at 31 October 2024:

  • The median value for Houses in Woree is $511,006 while the median value for Units is $247,042.
  • Houses have a median rent of $510 while Units have a median rent of $375.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Woree.

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