Back 28/337 Spring Street
Off Market

28/337 Spring Street

Kearneys Spring QLD 4350

3
2
1
Unit
Last sold for $327,000
Scott CouperScott Couper, last sold this property on 22 March 2022 after 28 days on market.

Overview

Spacious Townhouse -Willows on Spring offering 5.3% gross rental return

Ideal Southside location, opposite parklands, close to Shopping Centre, Seven Springs Medical Centre, Public and Private Schools and the University. The townhouse offers loads of features, which include the following: - Gated with an onsite manager - Spacious three bedrooms with built in cupboards - Two bathrooms - Open plan dining and family area - Open living downstairs with a study alcove & TV room upstairs - these truly are suited to those who want a wonderful quality lifestyle. - Modern kitchen with gas cooktop & dishwasher - Internal paint is in excellent condition - Carpets in all living areas, staircase & bedrooms - Rev/Cycle Air in living area downstairs - Laundry in downstairs bathroom - Lock up internal garage - Lovely private courtyard - Upstairs private deck off main bedroom with elevated views A sure-fire investment opportunity. Excellent rental history with manager in complex. Current lease expires 11/12/22 & paying $335/week. Current tenant has also lived in this complex for sometime, has never missed a payment; & is happy to extend lease even further. Current rent appraisal of up to $380 per week in complex so this could be increased further in the future. Admin $652.03 per quarter, Sink $395.90 per quarter, & Insurance $154.54 per quarter = Total of $1,202.47 Land Rates - $1,117.38 per half year Water access fee - $349.94 per half year Please contact John Rizqallah or Scott Couper to arrange an onsite private inspection as no open houses are planned

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Kearneys Spring over the last 12 months, the estimated median property value of 28/337 Spring Street is $705k.

Median value
$705k
Estimated value range
$551k - $910k
Median days on market
35
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kearneys Spring. 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 28/337 Spring Street

2022
Sold
$327,000
Private Sale/Treaty on 22 Mar 2022 by Scott Couper, of York Realty

Happy sellers in Kearneys Spring

98%
98% of sellers in Kearneys Spring reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 20 reviews in Kearneys Spring over the last 12 months.

Local market activity for 3 bedroom units in Kearneys Spring

In the last 12 months, 17 three-bedroom units similar to 28/337 Spring Street, have been sold.

This represents a 32% increase in three-bedroom units sales when compared to the previous 12 months.

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