Property image
Avatar of J. Click to visit the profile.
Justin Hicks
+ 61 0422292268
Avatar of I. Click to visit the profile.
Ian Weaving
+ 61 0406424446
Set Your Budget Info icon
Save your budget
This helps us curate better property matches for you
Select a budget
Rank this property
Set Your Budget Info icon
Save your budget
This helps us curate better property matches for you
Select a budget
Rank this property

Sold

House

SOLD on Aug 2024
$1,030,000

862 South Pine Road, Everton Park, QLD, 4053, Australia

5Bedrooms
3Bathrooms
2Carspots
408 m²Land size
Map of the surrounding area
Nearest stations
Oxford Park
1.4KM (17 mins)
Mitchelton
1.7KM (21 mins)
Grovely
2.0KM (24 mins)

About this Property

Attention investors! A prime opportunity awaits at 862 South Pine Road, a purpose-built duplex offering an exceptional return on investment. Marketed exclusively by Justin Hicks, this property features an over-and-under duplex with a three-bedroom, two-bathroom unit upstairs and a two-bedroom, one-bathroom unit downstairs. With a potential rental income of over $1,000 per week, this property is an ideal addition to any investor's portfolio.

Property Highlights

- Upstairs Unit: A spacious three-bedroom, two-bathroom unit currently rented for $550 per week until 10/08/2024, then $585 per week till 10/08/25. This unit includes three living areas, modern finishes, and a secure double garage.

- Downstairs Unit: A well-appointed two-bedroom, one-bathroom unit currently rented for $385 per week until 04/11/2024, with a rental appraisal of $425-$450 per week. This unit offers a private entrance and ample living space, perfect for attracting quality tenants.

Investment Benefits:

- High Rental Yield: Achieve a robust rental return exceeding $1,000 per week, providing a steady income stream and helping to offset mortgage repayments.

- Separate Entrances: Each unit has its own entrance, ensuring privacy and independence for tenants, which enhances tenant satisfaction and retention.

- Quality Finishes: Both units feature modern, high-quality finishes that attract premium tenants and reduce maintenance costs.

- Ample Parking: The property includes a remote double garage with rear garden access for the upstairs unit, street parking options for the downstairs unit.

- Convenient Location: Situated near local schools, the CBD, and Everton Park Plaza, this property is in a desirable location that appeals to a broad range of tenants.

Current Tenancy Details:

- Upstairs Unit: 3 bedrooms, 2 bathrooms, 2 garages-currently rented for $550 per week until 10/08/2024, then $585 per week till 10/08/25

- Downstairs Unit: 2 bedrooms, 1 bathroom-currently rented for $385 per week until 04/11/2024. (Current rental appraisal: $425-$450 per week)

This property is ready for investors seeking a low-maintenance, high-yield investment. Don't miss out on the opportunity to secure a solid investment in a sought-after location.

Contact Justin Hicks today to arrange your inspection and learn more about this outstanding investment opportunity at 862 South Pine Road.

"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."

Book an Inspection Time

Request for Inspection
Message the agent to request for an on-site or a virtual livecast property inspection
Avatar of J. Click to visit the profile.

Justin Hicks

Hicks Real Estate
+ 61 0422292268
Avatar of I. Click to visit the profile.

Ian Weaving

Hicks Real Estate
+ 61 0406424446
Download the mobile app to get instant updates

Calculate your home loan repayments

Download the mobile app to get instant updates

More Details on 862 South Pine Road, Everton Park QLD

How many bedrooms and bathrooms does 862 South Pine Road, Everton Park have?

arrow

862 South Pine Road, Everton Park is a 5 bedroom, 3 bathroom house.

Who is the agency that listed 862 South Pine Road, Everton Park?

arrow

The agency who listed 862 South Pine Road, Everton Park is Hicks Real Estate - you can contact the agents here.

How many car spots does 862 South Pine Road, Everton Park have?

arrow

862 South Pine Road, Everton Park is a 2 car spot home.

How much is 862 South Pine Road, Everton Park?

arrow

The price of 862 South Pine Road, Everton Park is $1,030,000 - contact the agents to find out more.