Back 23/20 Stewart Road
Off Market

23/20 Stewart Road

Griffin QLD 4503

3
2
2
Townhouse
Maree SmithMaree Smith, last sold this property on 10 November 2022 after 105 days on market.

Overview

Great Return Investment!

Townhouse Real Estate, Griffin QLD Hidden Vista Sales is proud to present this THREE bedroom, TWO bathroom townhouse in Griffin, complete with THIRD down stairs toilet and SINGLE remote garage. This is one of the best investments you will find in the North Brisbane area with excellent return. The unit boasts a massive main bedroom and walk in robe with air conditioners in every bedroom and living area . Situated just 5 minutes to North Lakes Westfield major shopping precinct, 5 minutes to the train station and right next door to Griffin State School. This townhouse forms part of the Hidden Grove 90 townhouse complex. Hidden Grove is one of the most sorted after complexes within the Griffin area for tenants and investors alike. Since the Denmack Developments construction in 2017 the complex has had 100% rental occupancy. Above market rental prices are achieved consistently due to a combination of quality construction, award winning onsite property management (long stay managers of the year 2022), executive appearance with manicured gardens and adjacent nature strip . The 90 townhouses are spaciously set out with the resort style pool being the center piece of the complex. Visitor parks have been placed around the complex to accommodate extra guests during holiday periods. Most units allow for parking within the garage and on driveway unlike the competition complexes. Financial Information New lets in the complex at $460 per week (Long term immaculate, perfect tenants in place) Stata Fees $1642.30 ½ yearly at present Sinking Fund $205,000 Moreton Bay Rates $494.60 quarterly ID:21098081

Features

3 bedrooms
2 bathrooms
2 carspaces
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Griffin over the last 12 months, the estimated median property value of 23/20 Stewart Road is $721.5k.

Median value
$721.5k
Estimated value range
$635k - $850.5k
Median days on market
23
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Griffin. 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 23/20 Stewart Road

2022
Sold
Undisclosed
Private Sale/Treaty on 10 Nov 2022 by Maree Smith

Happy sellers in Griffin

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

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

This is based on voluntary sentiment collected from 30 reviews in Griffin over the last 12 months.

Local market activity for 3 bedroom townhouses in Griffin

In the last 12 months, 33 three-bedroom townhouses similar to 23/20 Stewart Road, have been sold.

This represents a 56% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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