Sold
Last Asking Price - $325,000
agency logo

810/14 Carol Avenue, Springwood QLD 4127

House
111
Block size: 907 m² approx.

Live it up on Level 8 to North-Facing Views in the Heart of Springwood CBD or receive $425pw Income (5.5% pa* Rental Yield)

This Fully Furnished Studio Apartment on level 8 boasting northerly breezes & uninterrupted views plus a secure, allocated, undercover carpark, is located in Springwood CBD's locally-owned & operated Gloria Hotel & Apartments. It offers an amazing opportunity for down-sizers or those looking to invest in the property market (with low vacancy rates and a great approx. rental return of approx 5.5% pa gross*).

With a good rental return of $425 per week, the current tenant's lease is till 11 May 2024, giving you time to ponder your options in terms of relocating or continuing on the lease with these fantastic tenants.

Fully air conditioned for year-round comfort, it offers a spacious bedroom with a built-in wardrobe and enough room for a 2nd TV area. There is also a light-filled open plan lounge/dining area that is carpeted for comfort, and a fully-equipped kitchen with lots of storage and bench space that's ideal for prepping delicious meals that can be enjoyed solo or with company on the private balcony.

The bathroom/laundry features floor to wall ceiling tiles with a bath/shower combo and a washer and clothes dryer.

There is also the added bonus of the hotel's facilities, including a gym, a communal BBQ/entertaining area and a sparkling lap pool for cooling off on hot summer days. The American Bourbon Bar & Grill downstairs serves up a delicious menu of burgers, steaks, wings and Cajun and Hawaiian cuisine from 5.30pm, Tues to Sat. Lots of off street parking and a number of visitor parking underneath the hotel too.

Location-wise, it is close to schools (John Paul College, St Edwards Catholic Primary, Calvary Christian Primary and Springwood Central State Primary & Secondary Schools), parks (Tallowood Park with a lovely picnic area), shopping (IKEA, Logan Megan Centre, Chatswood Central Retail and both Springwood Shopping Centres), and Logan Hospital, TAFE and University. Brisbane CBD is only a 25-min drive away and the Gold Coast beaches 40 mins away.

PROPERTY FEATURES:
+ Ideal for busy executives, 1st home buyers, down-sizers or those looking for a good & easy investment
+ One-bedroom Studio Apartment with one bathroom (ensuited) and a secure undercover carpark
+ Will be sold fully furnished (please ask for a copy of the inclusions)
+ Fully air conditioned
+ Spacious bedroom with built-ins
+ Open plan lounge/dining area
+ Fully-equipped kitchen with lots of storage and bench space
+ Private balcony with uninterrupted park and urban Springwood views
+ Bathroom/laundry with a bath/shower combo, washer and clothes dryer
+ Hotel facilities including a gym, a communal BBQ/entertaining area and lap pool
+ Restaurant set within the complex - American Bourbon Bar & Grill

This well maintained apartment currently has a fixed -term tenant and the rental income is $425 per week till 11 May 2024. Homeowners can also look at purchasing as well as the tenants are open to moving to a different apartment within the hotel. It is your great chance now, look no further, call Johnson Teo on 0422 804 811 for your private inspection and for him to help you buy this property… Hurry!

PS: When you come for the inspection, please park your car in one of the off street parking or one of the designated visitor car lots underneath the apartment hotel and I will be waiting for you at the front reception entrance to show you up to your gorgeous studio apartment.

* Gross Approx Rental Return of 5.5% per annum is based on the current rental income of $425 per week over 1 year and a purchase price of $400,000.

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Features include: Air conditioning,Ensuite,Gym,Internal Laundry,Bath,Dishwasher,Secure Parking,Balcony / Deck,Swimming Pool,North Facing

Inspections

No open inspections scheduled.

Send an enquiry

Contact Johnson Teo to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
House
Block Size:
907 *

Other Details

Lot:
810
Plan Type:
SP
Plan:
234812
Legal description:
810/SP234812
Ray White Springwood & Shailer Park

Maps and area information

Block information
Block size: 907 (approx)
Legal description: 810/SP234812
Block Map
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

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
04 Apr 2024
Sold
Ray White Springwood & Shailer Park
Listed: 20/12/2023
Transfer type: Full transfer

Springwood suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
9,710
Listing ID: 182179134. This listing has been viewed 17 times. It was first displayed on 20/12/2023 and last updated on 04/04/2024.
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.