SOLD
Sold on 24 Aug 2023 for $289,000

325/2-8 Rigg Street
Woree QLD 4868

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 121m2
Sold By
AUSTRALIAN PROPERTY MANAGEMENT ALLIANCE
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Property Details for 325/2-8 Rigg St, Woree

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.

Building Type
Unit
Year Built
2008
Floor Size
95m2
Land Size
121m2
Local Government
Cairns Regional
Lot/Plan
325/SP210222

Last Listing description (September 2023)

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

* Lanai with double sets of shutters for more light and breezes
* Two bedrooms, master with ensuite on the upper level
* Two bathrooms both with showers on the upper level
* Entry area for an office, study nook or kids play area
* Open plan lounge living on the main entry level
* Kitchen with ample storage
* Allocated undercover parking space nearby
* Guest parking at the front of your block
* Secure gated complex
* 4 pools with communal BBQ areas and seating
* Gymnasium
* Minutes to the City
* Close to the local shopping centre and amenities and public transport

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

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

Property History for 325/2-8 Rigg St, Woree, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$289,000
24 Aug 2023
Listed for Rent
$320/w
30 Jul 2013
  • 24 Aug 2023
    Sold for $289,000
  • 24 Jul 2023
    Listed for Sale Not Disclosed
  • 11 Jul 2013
    Listed for Rent $320 / week
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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 4 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Woree.

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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.