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2/26 Lorraine Court

Andergrove QLD 4740

2
1
2
72 m²
88 m²
House
Currently for sale - view listing

Overview

Secure Investment in Quiet Complex - Immaculate Unit with Long-Term Tenant

'Janice Close' a complex of just three delightful units, ideally positioned in a quiet cul-de-sac only a short stroll to Gillham's Park. Convenience is at your doorstep, with the tavern, supermarkets, butcher, bakery, medical centre and chemist all within easy distance. Unit 2 presents as an outstanding investment opportunity, currently tenanted by an exceptional long-term occupant who takes immaculate care of the property. The lease is secured at $420 per week until 27 November 2026, with a projected rental increase of approximately $470 - $550 per week, offering strong future returns. Set in a tightly held complex where two of the three units are privately owned, this well-presented property offers investors a low-maintenance, set-and-forget opportunity in a highly convenient location. Features include: • 2 air-conditioned bedrooms with built-in wardrobes • Air-conditioned living area • Good kitchen • Security screens on all doors and windows • Single lock-up tiled garage • Low Body Corporate fees: $50 p.w. The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Features

2 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
72 m² floor area
88 m² lot size
House

Property history for 2/26 Lorraine Court

2024
Sold
$260,000
26 Feb 2024 by Robyn Land, of Professionals Rentals & Sales Mackay
2023
Sold
$240,000
25 May 2023 by Robyn Land, of Professionals Rentals & Sales Mackay
2022
Rented
Undisclosed
Leased on 23 Nov 2022 by Professionals Rentals & Sales Mackay

Happy sellers in Andergrove

94%
94% of sellers in Andergrove reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 55 reviews in Andergrove over the last 12 months.

Local market activity for 2 bedroom houses in Andergrove

In the last 12 months, 7 two-bedroom houses similar to 2/26 Lorraine Court, have been sold.

This represents a 46% increase in two-bedroom houses sales when compared to the previous 12 months.

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