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SOLD

5/4 Velacia Place QUEANBEYAN, NSW 2620

Sold - Tuesday 25 January 2022 for $305,000
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking

Investment Opportunity!

FEATURES INCLUDE

- Rates: $1,896.00 Per annum approx..
- Strata: $757.75 Per quarter approx.
- Rental: $350.00 Per week (Tenant in lease until 13/05/2022)
- Yield: 6.3% approx.

Is your money in the bank not seeing the returns you want? Why not consider property investment? Although, seeing as you are reading this, I guess you already have!

When it comes down to it, it is the numbers that count, right?? Well, we have crunched these numbers, and they are looking GREAT! With vacancy rates around 0.8% and the rental market sky rocketing, there has never been a better time to be an investor.

They call it country living with city benefits! The ongoing redevelopment to the Central Business District of Queanbeyan is certainly exciting and with the positioning of this unit you can fully take advantage of all the fabulous amenities that the town has to offer including the Queanbeyan Aquatic Centre, Riverside Plaza, local parks, infrastructure, and local cafes' such as Fourth Seed, the Millhouse or Café Thirty 4.

Renovated internally and absolutely bursting with potential, this property is only fifteen minutes from the Canberra City and minutes away from the Queanbeyan Central Business District.

ADDITIONAL FEATURES INCLUDE
- Rates: $1896.00 Per annum approx..
- Strata: $757.75 Per quarter approx.
- Rental: $350.00 Per week (Tenant in lease until 13/05/2022)
- Yield: 6.3% approx.
- Renovated two-bedroom design
- Large open lounge/dining room
- Main bedroom features balcony with a built-in wardrobe
- Second bedroom is a great size
- Large internal laundry and bathroom combined
- Excellent size renovated kitchen with ample cupboard space
- Allocated car space

To view this beautiful home, please contact Lucy MacGregor on 0433 310 366 or Ian McNamee & Partners Jerrabomberra on 6283 5555

COVID-19:
Our top priority is the safety of our clients, team members and the community. In line with government regulations please note that it is mandatory that you wear a mask to all our open homes. You must adhere to social distancing while viewing or waiting to view an open home. We must ask to collect contact details of each person who attends and will have a QR code check in available as well as hand sanitiser available upon entry. If you wish to view this property, please respect these requirements and thank you for your understanding.

Disclaimer: All purchasers must rely on their own enquiries as the vendors or their respective agents, do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.

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Information about this Unit

  • Listed on
  • Last updated
  • Property typeUnit
  • Bedrooms2
  • Bathrooms1
  • Parking spaces1
  • Stamp dutyA$8,972
* Figures quoted above are approximate values based on available information.

Sales History for 5/4 Velacia Place QUEANBEYAN, NSW 2620

The Unit at 5/4 Velacia Place QUEANBEYAN, NSW 2620 has been sold 4 times before, with the most recent sale being for $305,000 on 8 February 2022.

Sold DatePrice
A$305,000
Sold Date
PriceA$305,000
A$225,000
Sold Date
PriceA$225,000
A$120,000
Sold Date
PriceA$120,000
A$114,000
Sold Date
PriceA$114,000

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Local Neighbourhood

5/4 Velacia Place QUEANBEYAN, NSW 2620 has 8 schools within 5 kilometres, with the closest being Queanbeyan High School.

DistanceSchoolAddress
0.89 kmQueanbeyan High SchoolAgnes Ave, Queanbeyan 2620Pin Icon
0.96 kmQueanbeyan West Public SchoolMorton St, Queanbeyan 2620Pin Icon
1.47 kmSt Gregory's Primary School57 Lowe Street, Queanbeyan 2620Pin Icon

About Queanbeyan

5/4 Velacia Place is located within the suburb of Queanbeyan, which has a population of 6,237, a median age of 37 and an average household density of 2 people.

  • 6237Population
  • 37Median Age
  • 2Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Not Stated
Other

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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