Back 2/22 Kirklees Street
Off Market

2/22 Kirklees Street

Newtown QLD 4350

2
1
1
Apartment
Last sold for $263,000
Lachlan EvansLachlan Evans, last sold this property on 15 November 2023 after 20 days on market.

Overview

Perfect Starter or Excellent Investment Opportunity!

Welcome to this solid and dependable unit that offers safety, security, and tranquility. Whether you're a first-time homebuyer or looking to make your mark in the world of real estate investment, this listing deserves your attention. Currently appraised for rent at approximately $300 per week, this property promises an instant return on your investment. With some thoughtful and cost-effective upgrades, the potential rental income can reach an estimated $330 per week. In today's competitive market, this property is a gem that's unlikely to stay vacant for long. It is a property which will attract long-term tenants, making it a lucrative addition to your portfolio. The unit, while maintaining its original charm, is exceptionally well-kept and exudes a bright and airy ambiance with an abundance of natural light. Both bedrooms come equipped with spacious built-in robes and large windows. Recent additions include new double 'night & day' roller blinds throughout, adding to the overall appeal. Key Features: Two generous built-in bedrooms Open-plan living, dining, and kitchen area Separate laundry Separate toilet Original but well-maintained condition Abundant natural light Enhanced rear window security Single lock-up garage Tranquil location Convenient access to public transportation Current rental appraisal at $300 per week, with the potential to increase to $330 per week with upgrades. As an investment, this property is poised to deliver consistent returns year after year. Its appeal to long-term tenants ensures minimal vacancy periods. This is your opportunity to lay the foundation for your financial future. The value of this property is clear, and you don't want to miss out. Join us for an Open House viewingyour first chance is on Saturday, October 28th, at 11 am. Don't delay; come see for yourself before this opportunity slips away!"

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Newtown over the last 12 months, the estimated median property value of 2/22 Kirklees Street is $712.75k.

Median value
$712.75k
Estimated value range
$500k - $750k
Median days on market
9
Estimated value trend
92%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. 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 2/22 Kirklees Street

2023
Sold
$263,000
Private Sale/Treaty on 15 Nov 2023 by Lachlan Evans, of McAdam and Turnbull Realty

Happy sellers in Newtown

89%
89% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 26 reviews in Newtown over the last 12 months.

Local market activity for 2 bedroom apartments in Newtown

In the last 12 months, 9 two-bedroom apartments similar to 2/22 Kirklees Street, have been sold.

This represents a 125% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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