19/228 James St, Northbridge is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 73m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Here is the rare opportunity to secure a positively geared property.
Currently, this one-bedroom, one-bathroom apartment is being rented short-term and has been achieving returns of $800++ per week for the past 6 months.
Situated in the heart of the city, this is the perfect location for short-term rentals with the huge bonus of having an allocated car bay.
Fully furnished and equipped, you will start reaping the rewards from day one - no more negative gearing.
Call Prak on 0402 149 626 now to make your offer.
Strata fees: $726.85 PQ
Council rates: $1,294.65 PA
Water rates: $1,522.71 PA
The size of Northbridge is approximately 0.4 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Northbridge in 2011 was 1,007 people. By 2016 the population was 1,290 showing a population growth of 28.1% in the area during that time. The predominant age group in Northbridge is 20-29 years. Households in Northbridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northbridge work in a professional occupation. In 2011, 28.8% of the homes in Northbridge were owner-occupied compared with 34% in 2016.
Northbridge has 1,306 properties. Over the last 5 years, Houses in Northbridge have seen a 1.99% increase in median value, while Units have seen a 35.85% increase. As at 31 October 2024:
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