201 Park RoadYeerongpilly QLD 4105
Property Details for 201 Park Rd, Yeerongpilly
201 Park Rd, Yeerongpilly is a 7 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 7 bedroom BlockOfUnits sold in Yeerongpilly in the last 12 months.
Last Listing description (May 2024)
A savvy investment opportunity awaits with this block of three units, providing solid rental returns and promising future growth potential. Built in 1970, this brick–low maintenance unit block offers a prime location, only 7km from Brisbane CBD, Within walking distance to bus and train services, and easy access to all major Arterials.
Key Features:
* Unit Configuration: One 3-bedroom, 1-bathroom, and two 2-bedroom, 1-bathroom units. Each unit shares a large secure lock-up garage.
- Unit 1: Fixed lease $385 per week until 23/04/2025
- Unit 2: Vacant- Currently advertised at $430 per week
- Unit 3: Fixed lease $450 per week until 11/04/2025
* Potential for Increased Returns: A recent rental appraisal estimates rental returns of $79,040 plus per year.
* Convenient Amenities: Each unit comes with its own private laundry facility." with additional storage located downstairs in the garage.
* Prime Position: Situated in a quiet, flood-free area, ensuring a desirable living environment for tenants.
* Future Development Potential: Explore further development opportunities on the spacious 607m² block.
* Prime Location: Within close proximity of Shopping and Dining options, education and childcare, health and fitness, and many recreational facilities
If you are looking to expand your portfolio or capitalize on stable rental income with increased potential then look no further.
For a copy of the Information Memorandum and to seize this opportunity, please contact Kristy Noble today at 0416 808 608.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Property History for 201 Park Rd, Yeerongpilly, QLD 4105
- 02 May 2024Sold for $1,410,000
- 24 Apr 2024Listed for Sale UNDER CONTRACT!
- 27 Sep 2017Listed for Rent - Price not available
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0About Yeerongpilly 4105
The size of Yeerongpilly is approximately 1.9 square kilometres. It has 5 parks covering nearly 33.5% of total area. The population of Yeerongpilly in 2011 was 1,984 people. By 2016 the population was 1,920 showing a population decline of 3.2% in the area during that time. The predominant age group in Yeerongpilly is 20-29 years. Households in Yeerongpilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yeerongpilly work in a professional occupation. In 2011, 49.4% of the homes in Yeerongpilly were owner-occupied compared with 53.2% in 2016.
Yeerongpilly has 1,027 properties. Over the last 5 years, Houses in Yeerongpilly have seen a 64.53% increase in median value, while Units have seen a 73.67% increase. As at 31 October 2024:
- The median value for Houses in Yeerongpilly is $1,322,591 while the median value for Units is $780,687.
- Houses have a median rent of $600 while Units have a median rent of $600.
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