Sold
Last Asking Price - $1,800,000
24 & 26 Oates Parade, Northgate QLD 4013
House
946
Block size: 1183 m² approx.
CALLING ALL INVESTORS AND DEVELOPERS: Prime Real Estate Opportunity in Northgate!
Introducing an exceptional chance to invest or develop in the thriving community of Northgate! We are thrilled to present two strategically positioned blocks totalling 1,183sqm offering an incredible investment and / or future development opportunity.
Nestled in the heart of Northgate, these two blocks enjoy a prime location with easy access to key amenities, public transport, schools, and recreational facilities. These blocks offer scope to either retain as a rental investment or explore the potential for development.
Northgate is experiencing steady growth, making it an attractive investment opportunity. The demand for well-located properties in this area is on the rise, ensuring a promising return on investment. Benefit from the existing infrastructure and excellent connectivity that Northgate provides. Proximity to major roads, public transportation hubs, schools, parks, dining, shopping (Nundah Village and Westfield Chermside) and essential services ensures convenience for residents and potential customers.
Each block offers a post war home, currently arranged as 2 separate rental units. The breakdown of these units and rental income is as follows:
24 Oates Parade (483sqm block / circa $800/wk total rental)
Unit 1: 2 bed /1 bath / 1 car (shared carport)
Unit 2: 2 bed / 1 bath / 1 car (shared carport)
26 Oates Parade (700sqm block / circa $900/wk total rent)
Unit A: 26A: 2 bed / 1 bath / 2 car (double carport)
Unit B: 3 bed / 2 bath / 2 car (double carport)
Whether you're a seasoned investor looking to add valuable assets to your portfolio or a visionary developer ready to make a mark on Northgate, these two well-positioned blocks must be considered. Contact us at your earliest convenience to discuss further.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Nestled in the heart of Northgate, these two blocks enjoy a prime location with easy access to key amenities, public transport, schools, and recreational facilities. These blocks offer scope to either retain as a rental investment or explore the potential for development.
Northgate is experiencing steady growth, making it an attractive investment opportunity. The demand for well-located properties in this area is on the rise, ensuring a promising return on investment. Benefit from the existing infrastructure and excellent connectivity that Northgate provides. Proximity to major roads, public transportation hubs, schools, parks, dining, shopping (Nundah Village and Westfield Chermside) and essential services ensures convenience for residents and potential customers.
Each block offers a post war home, currently arranged as 2 separate rental units. The breakdown of these units and rental income is as follows:
24 Oates Parade (483sqm block / circa $800/wk total rental)
Unit 1: 2 bed /1 bath / 1 car (shared carport)
Unit 2: 2 bed / 1 bath / 1 car (shared carport)
26 Oates Parade (700sqm block / circa $900/wk total rent)
Unit A: 26A: 2 bed / 1 bath / 2 car (double carport)
Unit B: 3 bed / 2 bath / 2 car (double carport)
Whether you're a seasoned investor looking to add valuable assets to your portfolio or a visionary developer ready to make a mark on Northgate, these two well-positioned blocks must be considered. Contact us at your earliest convenience to discuss further.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Loretta Douris to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
9
Bathrooms:
4
Garage Spaces:
6
Property type:
House
Block Size:
1183 m²*
Other Details
Maps and area information
Block information
Block size: 1183m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Northgate's suburb profile
Northgate suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
4,876
Listing ID: 182401376. This listing has been viewed 0 times. It was first displayed on 26/03/2024 and last updated on 02/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.