Back ID:21156836/3 McLennan Court
Off Market

ID:21156836/3 McLennan Court

North Lakes QLD 4509

2
2
1
Apartment
Marcus NgMarcus Ng, last sold this property on 13 October 2025 after 101 days on market.

Overview

Just Listed!

Astute investors, this is a not-to-be-missed opportunity! Act now to secure a high yielding, modern two bedroom apartment in this beautifully run complex located in the heart of North Lakes community. With amazing amenity in the immediate vicinity, itâs no wonder apartments in this residential low-rise complex are in consistent high demand and provide an exceptional rental return. Managed and run by the on-site service, this expansive building is maintained to a very high standard and provides its residents with fabulous facilities including a relaxed communal area with large swimming pool and sunloungers, a recreational room with table tennis and a fully equipped gymnasium. âNeo North Lakesâ is only 9 years old and has a majority of investors owning due to the excellent position it is the perfect place for tenants as it is within a short walk to the Health Precinct, the North Lakes shopping precinct which is a major employment node and numerous education centres. It is mere metres walk to all these facilities and so much more. Spaciously planned, and presented with a quality finish and stylish decor, the large and functional two bedrooms apartment offers superior comfort and enjoyable living areas. Light filled with plenty of windows and secure sliding doors, the unit has high ceilings and premium tiled flooring. The combined lounge and dining area is fitted with split system air conditioning, ceiling fan and downlights plus neutral paintwork. This generous living room features a lovely view and captures gentle breezes from the big balconies which serves as a relaxed spot for outdoor entertaining and eating. The high-end kitchen comes complete with stone-topped benches and breakfast bar seating with premium cabinetry that provides ample storage for all your kitchenware. Itâs equipped with stainless steel appliances including a dishwasher and double sink. A separate laundry space is both practical and offers great utility storage. There are two good-size bedrooms, both with built-in wardrobes and luxury carpets underfoot. The private master boasts personal air conditioning and a neatly appointed ensuite with quality stone benched vanity and decent shower capacity. The main bathroom has a large layout and includes bath over shower. Other features include: - Single carpark undercover - Internal laundry with dryer included - 2x split system air conditioning - 3x Ceiling fans Current tenant is paying $650/week as rent which gives a gross return on investment of about 5.8% and is leased until Dec 2025. Neoâs on-site management service is offering to new owners a rental guarantee for 12 months based on 5.8% gross return for the incoming purchaser. North Lakes is circa. 30km to Brisbane CBD and provides every amenity you need for easy living and great recreation. Part of Moreton Bay, it is close to nearby bayside suburbs of Redcliffe and Scarborough which are stunning seaside towns. Highlights include 3 minutesâ walk to Westfield North Lakes, IKEA & Coles. Only a short drive to Bunnings and Costco. Easy access to the Bruce Highway for Brisbane suburbs and Sunshine coast. Donât miss your opportunity to lock-in this unique deal and start enjoying a solid income stream and watch your investment grow. Call now for details and to book an inspection. ID:21156836

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in North Lakes over the last 12 months, the estimated median property value of ID:21156836/3 McLennan Court is $720k.

Median value
$720k
Estimated value range
$691k - $770k
Median days on market
42
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Lakes. 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 ID:21156836/3 McLennan Court

2025
Sold
Undisclosed
13 Oct 2025 by Marcus Ng

Happy sellers in North Lakes

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

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

This is based on voluntary sentiment collected from 49 reviews in North Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in North Lakes

In the last 12 months, 4 two-bedroom apartments similar to ID:21156836/3 McLennan Court, have been sold.

This represents a 56% increase in two-bedroom apartments sales when compared to the previous 12 months.

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