Back 3/1 Burke St
Off Market

3/1 Burke St

North Ward QLD 4810

2
1
1
112 m²
Unit
Damien KeyesDamien Keyes, last sold this property on 08 August 2017 after 21 days on market.

Overview

Calling All Investors!

A fantastic investment opportunity has presented itself in the form of this stylish 2 bedroom apartment conveniently located just minutes from The Strand and City Centre. With a long term tenant in place until 2020, the apartment is perfectly positioned for savvy investors looking to expand their portfolio. Located on the corner of the first level, you'll enjoy year round breezes with stunning views to Castle Hill from each of the living zones as well as ocean views from the master bedroom. Currently returning $230 per week until February 2018 then $240 per week thereafter, this one won't be around for long so call now to arrange an inspection. The Property - Currently tenanted until February 2020 (returning $230 per week until Feb 2018 then $240 per week until Feb 2020) - Very low maintenance fully tiled 2 bedroom apartment - Fully air-conditioned throughout including both bedrooms - Functional open plan living with plenty of natural light and ventilation - Generous kitchen with plenty of storage - 2 good sized bedrooms both with built-in robes - Main bedroom enjoys Ocean and Island views - Outdoor balcony with stunning views to Castle Hill - Lockable storeroom and laundry on the ground level - Single car lockup parking The Location - Ideally located just minutes from The Strand and Queens Gardens - Close proximity to Gregory Street eateries and specialty shops - Just steps to Castle Hill's hiking trails - Close proximity to major public transport links - Short 10 minute stroll to the CBD

Features

2 bedrooms
1 bathroom
1 carspace
112 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in North Ward over the last 12 months, the estimated median property value of 3/1 Burke St is $506k.

Median value
$506k
Estimated value range
$340k - $810k
Median days on market
28
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Ward. 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 3/1 Burke St

2024
Rented
Undisclosed
Leased on 24 Jul 2024 by Coral Sea Property Services
2017
Sold
Undisclosed
08 Aug 2017 by Damien Keyes, of Keyes & Co Property

Happy sellers in North Ward

91%
91% of sellers in North Ward reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in North Ward over the last 12 months.

Local market activity for 2 bedroom units in North Ward

In the last 12 months, 35 two-bedroom units similar to 3/1 Burke St, have been sold.

This represents a 36% increase in two-bedroom units sales when compared to the previous 12 months.

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