Back 70 Hindes St
Off Market

70 Hindes St

Lota QLD 4179

3
2
2
810 m²
House
Last sold for $740,000
Reno MuscatReno Muscat, last sold this property on 02 April 2018 after 48 days on market.

Overview

Lota Double Block - 810 Sqm Land Area

Positioned in a nice rise within the street, and only 800 m approximately to the beautiful waters of Moreton Bay, and the highly popular Lota Esplanade and bayside parklands, 70 Hindes St, Lota is well worthy of your serious consideration. And priced to sell now ! Positioned in a fast moving street, with new homes already being constructed this property is ideal fo immediate or future redevelopment ! Why ? Because the home is in very sound condition, to live in/rent out now, & retain as an excellent investment with steady rental income to offset your monthly holding costs. and ... This quality home is set on a two lot, double block. Land value alone assures your future capital growth in this position ! The Land: Your property investment is absolutely assured on a "double block" of land Lot 23 & Lot 24 on RP 33227; 2 x 405 sqm blocks - 810 sqm land area total Scope for immediate or future re-development of this site, allowing for two detached homes to be constructed, in a high value Lota location. The Home. Larger scale high set offering space and privacy for the growing family. Main living areas and three bedroom design upstairs Extra utility space downstairs Current tenants in place, and returning a modest but steady $440 per week. The Location: Positioned in an elevated location within the street - established area already undergoing significant redevelopment - so builders and investors have already seen the value here, and invested in this "walk to water" location. Walking distance to Lotay railway station Walking distance to Royal Queensland Yacht Squadron Marina Walking distance to Lota waterfront parklands Lota primary State School catchment. Inspections can be easily arranged by appointment or via open home.

Features

3 bedrooms
2 bathrooms
2 carspaces
810 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lota over the last 12 months, the estimated median property value of 70 Hindes St is $1.12m.

Median value
$1.12m
Estimated value range
$802.5k - $2.25m
Median days on market
21
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lota. 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 70 Hindes St

2018
Sold
$740,000
02 Apr 2018 by Reno Muscat, of RE/MAX Advantage

Happy sellers in Lota

87%
87% of sellers in Lota reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Lota over the last 12 months.

Local market activity for 3 bedroom houses in Lota

In the last 12 months, 22 three-bedroom houses similar to 70 Hindes St, have been sold.

This represents a 19% increase in three-bedroom houses sales when compared to the previous 12 months.

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