325/2-8 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 121m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 2 bedroom Unit sold in Woree in the last 12 months.
Resort style living at 'City Waters' :
* Double storey 'Sky Villa' overlooking the main pool in the north eastern poolside block
* Lanai and Master bedroom face slightly north of East
Popular with tenants as the complex is a short walk to Earlville shopping centre and five (5) minutes to the City by car.
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 Unit is ideal for investors currently rented at $430pw with rent renewal estimated at $480pw providing a true nett yield of around 4%. Tenants are leaving late August so the yield can increase to around 4.8%.
Price : UNDER CONTRACT
Grant Freeman 0417 159 357
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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.
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