Back 8/10 Michigan Way
Off Market

8/10 Michigan Way

Andergrove QLD 4740

2
2
1
0 m²
Unit
Last sold for $460,000
Bryan LoftBryan Loft, last sold this property on 29 August 2024 after 106 days on market.

Overview

Great return for investors

The two-bedroom apartment is under twelve months old, with a whopping return of $650 per week rent!! The Apartment overlooks the Andergrove Lakes, Wake House Cable Ski Park and is close to all amenities including the newly established Aldi. Whitsunday Anglican and a Day Care Centre is walking distance with a short drive to Mt Pleasant Shopping Centre, Mt Pleasant Tavern, and into the Mackay CBD. Some of the many features of the property: - Secure secluded gated community. - Fully air conditioned with ceiling fans throughout. - Spacious open plan living with a modern serviceable kitchen containing stone top benches and all quality fixtures, electric oven and stove top and dishwasher. - Two contemporary ensuite bathrooms and indoor laundry. - Spacious outdoor balcony overlooking the Wakeboard/Ski Park, ideal for a barbie and outdoor entertaining. - Option for a furniture package If you're looking for an exceptional investment property, look no further. Call Bryan Loft of Gardian Real Estate to arrange an inspection. Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
0 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Andergrove over the last 12 months, the estimated median property value of 8/10 Michigan Way is $449k.

Median value
$449k
Estimated value range
$260k - $590k
Median days on market
36
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Andergrove. 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 8/10 Michigan Way

2024
Sold
$460,000
29 Aug 2024 by Bryan Loft, of Gardian Real Estate

Happy sellers in Andergrove

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

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

This is based on voluntary sentiment collected from 52 reviews in Andergrove over the last 12 months.

Local market activity for 2 bedroom units in Andergrove

In the last 12 months, 6 two-bedroom units similar to 8/10 Michigan Way, have been sold.

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

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