38 Crossley Cres, Coolaroo is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 615m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Two dwellings on the one block, providing double income. This is an outstanding opportunity for the wise investor to seize the opportunity in owning this unique property. On the one title, the property accommodates a 3 bedroom house and a 1 bedroom detached flat at the rear. The investor would be pleased with a rental income of $1474/month for the main house and $1130/month for the rear flat, while there is also the option to occupy the main house, use it as a child care centre as it had been previously (STCA) and continue to rent out the rear flat.
The main three bedroom house has been uniquely renovated and provides a well-equipped modern kitchen with a meals area, central bathroom, comfortable living, a verandah to enjoy the outdoors, large garage and a long driveway providing parking space for multiple cars. The rear flat carries through the modern look and accommodates open plan kitchen with meals area and living, large bedroom with wall to wall built in robes, modern bathroom incorporating laundry facilities, front verandah and tropical themed gardens to enjoy.
Excellent list of features include security roller shutters, wheelchair access, ducted heating, air conditioning, timber floors throughout and tiles to wet areas, stone benchtops, built in robes and more...
The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016.
Coolaroo has 1,757 properties. Over the last 5 years, Houses in Coolaroo have seen a 18.38% increase in median value, while Units have seen a 10.81% increase. As at 31 October 2024:
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