3/31 Ninth Avenue

COORPAROO

Sold for $635,000 in December 2024

Coorparoo Gem with Long-Term Tenant and Modern Updates

This functional and well-presented first-floor unit offers great value for those seeking a low-maintenance property in a convenient Coorparoo location. Part of a cavity brick complex of just six, it’s an excellent choice for both homeowners and investors looking for solid returns.

The apartment has been carefully maintained over the years, reflecting a commitment to keeping the property in good condition. Both the kitchen and bathroom have benefited from thoughtful upgrades, bringing them up to modern standards.

A long-term tenant occupies until June 2025 at $440 per week, with a recent appraisal estimating a current market value of $530 per week.

Features include:

– Two bedrooms
– Bathroom and separate toilet
– Updated kitchen and bathroom
– Air-conditioned living area
– Spotless presentation throughout
– Positioned at the rear of the block
– Lock up garage with remote control access
– Oversized balcony
– Tenanted until June 2025 at $440 per week
– Well-maintained complex

This Coorparoo unit combines convenience, comfort, and investment appeal. With a strong rental history, modern updates, and a well-maintained complex, it presents a solid option for those looking to enter the market or expand their portfolio. Don’t miss the chance to secure this functional and well-located property.
Picture of Craig Jones
Craig Jones

0468 855 938

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Important Information

Real Property Description: Lot 3 on BUP1756

Rent: $440 per week

Rent Appraisal: $530 per week

Body Corporate Contribution: $889 per quarter  

Sinking Fund Balance: $15,506 as at October 2024

Features

Rooms: Living
1 garage

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