688 Bruce HwyWoree QLD 4868
Property Details for 688 Bruce Hwy, Woree
688 Bruce Hwy, Woree is a 12 bedroom, 12 bathroom BlockOfUnits with 12 parking spaces. The property has a land size of 1834m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 12 bedroom BlockOfUnits sold in Woree in the last 12 months.
Last Listing description (November 2024)
'The Ray Murphy Team' proudly welcomes to the market this exceptional investment opportunity in a highly sought-after location! This solid, red brick complex features a total of 12 units, including 6 spacious one-bedroom apartments and 6 cozy one-bedroom townhouses. Spread across two buildings, this property offers a unique opportunity with the potential for impressive returns.
The front building comprises 6 one-bedroom townhouses, with both the bedroom and bathroom upstairs and living space downstairs. For easy access, the carport is positioned at the front of each townhouse.
The rear building features 6 spacious one-bedroom units, sprawled across two levels.
Set on a generous 1,834m² parcel of land, the complex offers an array of amenities, including a communal laundry facility, 12 undercover car parks, and a fully fenced property with an electric gate for added security.
Conveniently located within proximity to public transport, a variety of public and private schools, shopping centres, and dining options, this city-fringe location also offers easy access to major highways, business districts, and beautiful parks.
This complex presents an incredible investment opportunity with a strong rental history and high demand in the area. Whether you're an experienced investor or looking to expand your portfolio, this property promises consistent income and potential for future appreciation.
Don't miss out on this rare chance to own a turn-key investment property. Contact 'The Ray Murphy Team' today to register your interest!
A full information memorandum is available upon request.
Tender Closing: 30th August 2024 @ 12:00 PM.
Disclaimer: Photographs have been edited to remove the tenants personal belongings and may not show the accurate condition of the property.
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
Property History for 688 Bruce Hwy, Woree, QLD 4868
- 01 Nov 2024Sold for $2,262,000
- 10 Aug 2024Listed for Sale Offers Over $2,250,000
- 20 Mar 2023Listed for Rent $260 / 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 2,875 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.
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