SOLD
Sold on 19 Apr 2024 for $332,000

110/2-8 Rigg Street
Woree QLD 4868

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 115m2
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Property Details for 110/2-8 Rigg St, Woree

110/2-8 Rigg St, Woree is a 2 bedroom, 2 bathroom Unit 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 April 2024. There are other 2 bedroom Unit sold in Woree in the last 12 months.

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

Last Listing description (August 2024)

Resort style living at 'City Waters' :
* One of only a few ground floor single level two bedroom units
* Northwest 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
* Bedrooms are separated at each end of the unit
* Two bathrooms both with showers
* Open plan lounge living
* Three (3) split airconditioning systems installed
* Quality furniture and bedding throughout
* Lounge setting
* Dining settting
* Lanai setting
* Washing machine and dryer
* Television
* Allocated undercover carport space close to the unit
* Secure gated complex
* 4 pools in the complex
* 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 VACANT and fully furnished with quality furniture and bedding. Potential rent of $520pw which would provide for a true net yield of 4.5%

Price : SOLD
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 110/2-8 Rigg St, Woree, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$332,000
19 Apr 2024
Listed for Rent
$300/w
01 Dec 2015
  • 19 Apr 2024
    Sold for $332,000
  • 19 Nov 2023
    Listed for Sale Offers over $339,000 Fully Furnished
  • 28 Sep 2021
    Sold for $212,500
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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 2,890 properties. Over the last 5 years, Houses in Woree have seen a 64.54% increase in median value, while Units have seen a 83.30% increase. As at 30 November 2024:

  • The median value for Houses in Woree is $525,159 while the median value for Units is $256,040.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 23 properties listed for sale, and 7 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Woree.

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