Back 1/338 Algester Rd
Off Market

1/338 Algester Rd

Calamvale QLD 4116

3
3
1
147 m²
135 m²
Townhouse
Jeff HwangJeff Hwang, last sold this property on 12 September 2017 after 465 days on market.

Overview

Perfect Opportunity to Break into the Management Right Industry

A total of 31 architecturally designed townhouse units with modern living standards inside. Sanctuary at Calamvale is looking for new Caretaker(s) to manage the complex. What's on offer: * Guaranteed income for the next 25 years * Purposely designed low set unit to cater for management services and separate living quarters. * No requirements for a caretaker to be on site. Offering flexibility with your time and place of residence. * Rental Valuation for the complex averaging approximately $450 per week per unit. * Fixed contact hours. * Low maintenance complex with no pool and only a common BBQ/Get together area. * Management Right Sale price $150,000 * Unit price $ 488,000 (Can be rented out for more income) Will be popular. So act quickly and call to discuss suitability to buy.

Features

3 bedrooms
3 bathrooms
1 carspace
147 m² floor area
135 m² lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Calamvale over the last 12 months, the estimated median property value of 1/338 Algester Rd is $837k.

Median value
$837k
Estimated value range
$702.89k - $970k
Median days on market
22
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Calamvale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/338 Algester Rd

2024
Rented
Undisclosed
Leased on 16 Feb 2024 by H1 Real Estate
2017
Sold
Undisclosed
Private Sale/Treaty on 12 Sep 2017 by Jeff Hwang, of H1 Real Estate

Happy sellers in Calamvale

78%
78% of sellers in Calamvale reported that their sale price either exceeded or met their price expectations.

Calamvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Calamvale over the last 12 months.

Local market activity for 3 bedroom townhouses in Calamvale

In the last 12 months, 95 three-bedroom townhouses similar to 1/338 Algester Rd, have been sold.

This represents a 43% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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