Back 7/120 Indooroopilly Road
Off Market

7/120 Indooroopilly Road

Taringa QLD 4068

2
2
1
0 m²
0 m²
Apartment
Last sold for $450,000
Mark MelroseMark Melrose, last sold this property on 19 January 2016 after 56 days on market.

Overview

Investors NOW is the time to act.

This affordable 2 bedroom, 2 bathroom, unit is conveniently located in Taringa, only 5km from Brisbane’s CBD and 2km from the University of Queensland. There are long-term tenants with a lease until March, 2016, who are keen to extend on a long-term basis. With only a short walk to the local shops, transport, parklands, and being in the catchment for Ironside State School and Indooroopilly State High School, this is a great investment for any property portfolio. The complex is in a quiet area and has only 12 units. Situated at the back of the complex with a leafy outlook you will feel as if you are in a stand-alone unit. The inside offers spacious living areas and kitchen, two large balconies, two good size bedrooms with built-ins, and an oversized bathroom with laundry. The master bedroom comes with an ensuite and access to one of the two large balconies. If you are interested call Mark now for more information or come to an open home. Features: • First floor unit with spacious living areas • Good sized kitchen • 2 bedrooms • 2 bathrooms • 2 balconies • 1 Lock up Garage • Secure living with intercom access • Internal laundry

Features

2 bedrooms
2 bathrooms
1 carspace
0 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Taringa over the last 12 months, the estimated median property value of 7/120 Indooroopilly Road is $835k.

Median value
$835k
Estimated value range
$652.5k - $1.47m
Median days on market
12
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Taringa. 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 7/120 Indooroopilly Road

2020
Rented
Undisclosed
Leased on 27 Aug 2020 by Rental HQ
2017
Rented
Undisclosed
Leased on 08 Nov 2017 by Harcourts Property Partners
2016
Sold
$450,000
19 Jan 2016 by Mark Melrose, of Artha Property Group Pty Ltd

Happy sellers in Taringa

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

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

This is based on voluntary sentiment collected from 21 reviews in Taringa over the last 12 months.

Local market activity for 2 bedroom apartments in Taringa

In the last 12 months, 40 two-bedroom apartments similar to 7/120 Indooroopilly Road, have been sold.

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

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