Back 7a Kelfield Street
Off Market

7a Kelfield Street

North Toowoomba QLD 4350

4
2
1
453 m²
House
Scott CouperScott Couper, last sold this property on 18 July 2022 after 42 days on market.

Overview

3 Bedroom House with detached studio offering 6.84% gross rental return

Looking for a property that can easily generate additional income? Or perhaps self-contained living space beyond the main dwelling? Look no further. This stylish property was built 5yrs ago and boasts a 5+ kw solar system, fully insulated walls and heightened ceilings throughout. The three-bedroom dwelling with garage and detached studio are returning an astonishing $565 a week currently, however discussions on increases are already in process. Privately rented with owner, but could be changed to a rental manager at settlement. Positioned on a battle-axe block, this property is within walking distance of Northpoint shopping centre as well as the city centre. Main Dwelling: - 3 Bedrooms (all built-in) - Large open plan Lounge/Kitchen/Dining - Main bathroom with shower & bath - Separate toilet - Plank floors throughout for easy cleaning - Iron roof - Air Conditioning to main area - Flyscreens on all windows & security screen doors - Single lockup garage with internal access - 19 Solar panels, which will cover all your power usage during the day - Ceiling fans in lounge & master bed - Electric hot water system - Lease due to expire & tenants happy to stay & pay higher rent, or if owner/occupier tenants can be asked to vacate at end of lease with appropriate notice - Currently rented at $365 per week Detached Studio: - Combined Kitchen/Lounge/Dining/Bedroom - Separate bathroom with laundry facilities - Ceiling fan - Separate hot water system - Plank floors - Flyscreens & security door - Currently rented at $200 per week, Lease is due to expire, Appraised at $220 per week. Land Rates $1117.38 / half year Water Rates $349.94 / half year The outstanding rental return, the convenient location, and the low maintenance design make this property a huge opportunity for the astute investor. Call Scott or John for your private inspection.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
453 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in North Toowoomba over the last 12 months, the estimated median property value of 7a Kelfield Street is $860k.

Median value
$860k
Estimated value range
$635k - $1.4m
Median days on market
23
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Toowoomba. 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 7a Kelfield Street

2023
Rented
Undisclosed
Leased on 20 Mar 2023 by York Realty
2022
Rented
Undisclosed
Leased on 04 Sep 2022 by York Realty
2022
Sold
Undisclosed
Private Sale/Treaty on 18 Jul 2022 by Scott Couper, of York Realty

Happy sellers in North Toowoomba

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

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

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

Local market activity for 4 bedroom houses in North Toowoomba

In the last 12 months, 14 four-bedroom houses similar to 7a Kelfield Street, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

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