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Back 3/13 Love Lane
Off Market

3/13 Love Lane

Rosslea QLD 4812

2
1
1
Apartment
Last sold for $261,000
Glenda WorrallGlenda Worrall, last sold this property on 28 October 2024 after 4 days on market.

Overview

Watson Place on Love Lane...Appealing Investment...Location Perfect

Location - Close to the city with easy access to essential places like hospitals, James Cook University (JCU), The Strand, and Townsville's biggest shopping centre. It also offers proximity to Ross River walks and public transport, enhancing convenience. Current Rent - $355 per week, increasing to $365 February 14, 2025. With a tenant in place until August 8, 2025, providing immediate rental income. Renovations - Spacious kitchen & dishwasher, fully renovated ensuring a modern interior. Layout - tiled throughout, with two large bedrooms, air-conditioning for comfort, and two courtyards offering outdoor space. Amenities - The complex includes a swimming pool, adding to the lifestyle appeal. Garage - Single lockable garage with an additional storeroom, offering secure parking and extra storage. With these features, particularly the low body corporate fees and long-term rental income, this property looks like a great low-maintenance investment opportunity. The location, combined with its renovations and amenities, make it a very attractive option for investors. Body Corporate Fees Admin - $3464.99 per year. Sinking fund - $701.24 per year. Total Body Corporate per year - $4166.23 (Discount available if paid by due date) Rates - Approx $3400 per year Disclaimer: Elite Properties Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Rosslea over the last 12 months, the estimated median property value of 3/13 Love Lane is $377.5k.

Median value
$377.5k
Estimated value range
$253k - $815k
Median days on market
53
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rosslea. 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 3/13 Love Lane

2024
Sold
$261,000
Private Sale/Treaty on 28 Oct 2024 by Glenda Worrall, of Elite Properties Townsville
2024
Rented
Undisclosed
Leased on 07 Feb 2024 by Elite Properties Townsville

Happy sellers in Rosslea

90%
90% of sellers in Rosslea reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Rosslea over the last 12 months.

Local market activity for 2 bedroom apartments in Rosslea

In the last 12 months, 6 two-bedroom apartments similar to 3/13 Love Lane, have been sold.

This represents a 38% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Nick Oats

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Sam Musumeci

Sellers who recommend Sam Musumeci have praised them for being clear communication, local expert, reliable, responsive, pleasant, stress-free process and honest

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