Back 37/16-20 Faculty Close
Off Market

37/16-20 Faculty Close

Smithfield QLD 4878

2
1
1
Apartment
Liam GageLiam Gage, last sold this property on 28 December 2023 after -337 days on market.

Overview

Refurbished Luxury Apts. Stage 1 Complete, Stage 2 Selling Now!

'Summit Apartments' selling off-plan: two display suites ready to view now. In a superb opportunity for both lifestyle and investment, Stage 2 of this high quality development is now selling off-plan. With construction to commence shortly, Summit Apartments represent a stylish entry into the property market, following the extremely popular completed Stage 1, 'Pinnacle', which sold out quickly. Appealing to both downsizers and first-time owner-occupiers, the two-bedroom apartments are finished with fresh, modern decor and completely refurbished to an exceptional standard. Comprising contemporary open-plan living and generously proportioned bedrooms, top-floor apartments feature a spacious balcony, while ground-floor residences have a low-maintenance garden. Located on the doorstep of the amenities of Campus Village Shopping Centre, this quality development is just 15.5 kms from the CBD. - Stage 2 of high-quality development of 40 apartments - Completely refurbished throughout, presenting as new - Contemporary interiors with open-plan living, dining and kitchen - Modern kitchen, appointed with sleek joinery and quality appliances - Top floor apartments feature a large balcony, some with rainforest backdrop - Ground floor apartments feature patio & private courtyard - Modern decor, timber-look flooring in the living, carpet optional in bedrooms - Airconditioning and fans throughout - White goods and window furnishings included - Carport for one vehicle plus 3m2 external storage - Pet-friendly, lift to some apts. and lovely pool - Estimated potential rent $530-$550 p/w - Walk to Smithfield Village amenities, 12 mins to Palm Cove, 18 mins to CBD - Stage 1 of development complete; extremely popular, sold out quickly

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Smithfield over the last 12 months, the estimated median property value of 37/16-20 Faculty Close is $512.5k.

Median value
$512.5k
Estimated value range
$451k - $520k
Median days on market
48
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Smithfield. 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 37/16-20 Faculty Close

2023
Sold
Undisclosed
Private Sale/Treaty on 28 Dec 2023 by Liam Gage, of Belle Property Cairns

Happy sellers in Smithfield

93%
93% of sellers in Smithfield reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 2 bedroom apartments in Smithfield

In the last 12 months, 4 two-bedroom apartments similar to 37/16-20 Faculty Close, have been sold.

This represents a 34% increase in two-bedroom apartments sales when compared to the previous 12 months.

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