SOLD
RECENT ADVICE
Sold on 20 Feb 2024 for $645,000

2/4 Elgata Close
Woree QLD 4868

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 740m2
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Property Details for 2/4 Elgata Cl, Woree

2/4 Elgata Cl, Woree is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 740m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Woree in the last 12 months.

Building Type
House
Land Size
740m2
Local Government
Cairns Regional

Last Listing description (March 2024)

An incredible opportunity to start or add to your investment portfolio this immaculate and completely renovated Full Duplex is sure to be a hit. A savvy investors favourite, a full duplex offers excellent returns, easy care living, very attractive to tenants and also an opportunity to live in one side and rent out the other.

Duplex 1 is currently rented at $440/wk on a fixed term lease with excellent tenants.
Duplex 2 has been strategically left vacant for easy inspections and the option to move into or choose your own tenant. A fresh rental appraisal of $450/wk for Duplex 2 would offer a total annual rental income of $46,280. Taking out rates and insurance would equate to a very healthy and lucrative NET return of 5.7%!

A solid robust build with concrete block internal and external walls and a red brick facade for long term low maintenance.
Fully refurbished throughout including a new roof, new fencing, flooring, paint, lights, fans, kitchen, bathroom, laundry tubs, curtains, air conditioners, pretty much everything is taken care of for a stress free and solid returning turnkey investment.

A quiet cul de sac in extremely convenient location within walking distance to local schools, shops, transport, medical etc

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

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Property History for 2/4 Elgata Cl, Woree, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$645,000
20 Feb 2024
Listed for Rent
$450/w
01 Mar 2024
  • 22 Feb 2024
    Listed for Rent $450 / week
  • 20 Feb 2024
    Sold for $645,000
  • 31 Jan 2024
    Listed for Sale SOLD BY KARL LATHAM

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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 2,870 properties.

    There are currently 22 properties listed for sale, and 3 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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    Karl Latham
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