Back 4/118 Pease Street
Off Market

4/118 Pease Street

Manoora QLD 4870

1
1
1
54 m²
Unit
Last sold for $105,000
Peter HanrahanPeter Hanrahan, last sold this property on 31 January 2016 after 25 days on market.

Overview

Was $119,00 - Now $109,000

Owner needs to sell urgently ! Unit is 54 m2 and at the rear of a small complex of eight, with half the units owner occupied. Ideal for owner occupier wanting to get a foot on the property ladder, as Unit is big enough to attract Bank finance. Ideal for an investor, with projected rental return in vicinity of $210 to $230 per week. Would suit single retirees, being close to everything but quiet and very secure. 1. Owner is moving interstate and is selling the Unit fully furnished, including 65 inch UHD TV, expensive surround sound system and all white goods. All furniture is of a high standard. Original cost was over $15,000. Nothing more needs to be spent to be instantly at home, for those on a tight budget. 2. Owner has spent over $15,000 on improvements to the Unit, including Crimsafe screen doors, Plantation style shutters, venetian blinds, new floor covering, upgraded bathroom, split system air conditioners in the lounge and bedroom, led track lights and new fan in the lounge area. 3. Unit is quiet and secure, yet convenient to local shopping centre and only 7 minutes drive to the CBD, making it ideal for both CBD workers or retirees. 4. Body Corporate fees are an acceptable $3,600 per annum. and there is a healthy balance in the sinking fund. 5. For young owner/occupiers, finance will be cheaper than renting. For retirees, cost will be well under any future Centrelink asset changes. So won't affect their age pension. For investors, Unit will attract rent of $210 to $230 per week, due location and fully furnished. For further information or to arrange an inspection contact agent today.

Features

1 bedroom
1 bathroom
1 carspace
54 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Manoora over the last 12 months, the estimated median property value of 4/118 Pease Street is $225k.

Median value
$225k
Estimated value range
$189k - $313k
Median days on market
21
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Manoora. 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 4/118 Pease Street

2023
Rented
Undisclosed
Leased on 08 Mar 2023
2021
Rented
Undisclosed
Leased on 26 Aug 2021 by Ray White Cairns
2020
Rented
Undisclosed
Leased on 29 Mar 2020 by Ray White Cairns Beaches

Happy sellers in Manoora

92%
92% of sellers in Manoora reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Manoora over the last 12 months.

Local market activity for 1 bedroom units in Manoora

In the last 12 months, 5 one-bedroom units similar to 4/118 Pease Street, have been sold.

This represents a 20% increase in one-bedroom units sales when compared to the previous 12 months.

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