6/367 Algester Rd, Algester is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1994. The property has a land size of 161m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
LOW BODY CORP -- FULLY AIR-CONDTIONED -- HIGHLY SOUGHT AFTER COMPLEX -- LONG-TERM TENANT
Located in a tightly held & highly sought after complex, investment opportunities such as this one are often requested yet seldom found.
Reap the rewards straight away with a lease in place until January 2024 & a great long-term tenant who has spent the last 10 years in the property.
Well managed with low body corporate that has only increased by less than $8 a week over the past 5 years, you are bound to find long lasting value from the top location that has all the makings of a Blue Chip Investment.
YOU'LL LOVE . . . .
+ Fully air-conditioned throughout with split system air-conditioners
+ Allergy friendly flooring throughout with no carpet
+ Security screens throughout
+ Quiet complex with a high ratio of owner occupiers
DOWNSTAIRS
+ Open plan lounge & dining areas with ceiling fan
+ Generous storage & bench space in the light-filled kitchen
+ Downstairs toilet for convenience
+ Dedicated laundry with direct access to the rear courtyard
+ Single lock up garage with internal entry for peace of mind
+ Large paved courtyard with walk through side access
UPSTAIRS
+ 2 air-conditioned bedrooms with built-ins & balconies
+ Bathroom has a bath, shower & toilet
+ Linen cupboard
CONVENIENCE
+ City/Uni transport at the front of the complex, 10 minute walk to other bus stops
+ Short drive to local shops including Parkinson IGA, child care centres & schools
+ 10 minute drive to Sunnybank Hills Shopping Centre, Calamvale Marketplace & Calamvale Central
+ 8 minute walk to the very popular Calamvale District Park
+ Less than a 2 minute stroll to walking/cycling tracks
NUMBERS
+ Body Corporate = $49/wk ($639/qtr - $2,556 per annum)
+ BCC Rates = $572/qtr
+ Urban Utilities = $267/qtr (amount varies with water useage)
+ Current rent = $360/wk (potential to increase to up to $400/wk at end of lease)
Very few will compare with the overall appeal of investing in this complex. If you're still in the market struggling to find an excellent investment property, contact me today so you don't miss out.
*********** Please Note ***********
Photos are not of the actual townhouse
& are of a similar 2 bedroom townhouse
in the same complex & are to be used
as a guide only.
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Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
The size of Algester is approximately 3.6 square kilometres. It has 12 parks covering nearly 10.7% of total area. The population of Algester in 2016 was 8433 people. By 2021 the population was 9020 showing a population growth of 7.0% in the area during that time. The predominant age group in Algester is 30-39 years. Households in Algester are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Algester work in a professional occupation.In 2021, 68.10% of the homes in Algester were owner-occupied compared with 69.50% in 2016.
Algester has 3,680 properties. Over the last 5 years, Houses in Algester have seen a 108.78% increase in median value, while Units have seen a 147.77% increase. As at 31 December 2025:
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