Offers Over $1,300,000
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44 Wilga St, Wacol QLD 4076

Apartment
552

Positive Cashflow Residential Property Investment

An exceptional investment opportunity in Wacol and only 950m to Wacol Train Station.

This one year old fully furnished five bedroom single storey rooming house on 405m2. Each room is complete with living with kitchenette, bathroom, air conditioned bedroom and private landscaped courtyard. The common area includes a full kitchen with oven, cooktop and rangehood and laundry facilities with 2 x WM. The property has 13kw solar system installed for energy efficiency. The property presents an exciting proposition for the savvy investor.

Certified as a Class 1b dwelling gives the right to lease each rooms individually, ideal for tenants that are looking for single occupancy spaces with modern, high quality furniture with utilities included. Currently fully leased the property is returning an impressive $1790 per week.

Features:
- Five individual living spaces comprising, bedroom, bathroom and internal and external living space
- Communal laundry and full-size kitchen
- Abundance of natural light, neutral colour tones and quality finishes throughout
- Air conditioning, electric hot water system and 13kw solar system
- Certified as a Class 1b dwelling allowing each room to be leased individually
- Smart door locks on front door and individual rooms providing for keyless access and remote management
- Annual rental return of over $93k
- High quality build, fixtures and furniture throughout.

Note: There are 2 houses available side by side and can be purchased as a pair. Each house is $1,300,000 each.

Note: Please make contact for more detailed Information Memorandum.

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

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

Key details

Bedrooms:
5
Bathrooms:
5
Garage Spaces:
2
Property type:
Apartment

Other Details

Lot:
20
Plan Type:
SP
Plan:
332931
Legal description:
20/SP332931
YSH Property

Maps and area information

Block information
Legal description: 20/SP332931
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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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
23 Jan 2023
Sold
YSH Property
Listed: 23/01/2023
Block size: 405m²
Transfer type: Full transfer
28 Oct 2021
Sold
First National Real Estate Action Realty Ipswich
Listed: 11/10/2021
Block size: 809m²
Transfer type: Full transfer

Wacol suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
4,253
Listing ID: 182608675. This listing has been viewed 3 times. It was first displayed on 18/06/2024 and last updated on 04/07/2024.
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.