17/158 Middle StreetCleveland QLD 4163
Property Details for 17/158 Middle St, Cleveland
17/158 Middle St, Cleveland is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 70m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2013.
Last Listing description (April 2013)
2 POSITIVELY GEARED INVESTMENT UNITS ON 1 TITLE
IF YOU ARE LOOKING FOR AN INVESTMENT PROPERTY WHICH IS A NO FUSS AND CASH FLOW POSITIVE THEN LOOK NO FURTHER: 2 UNITS ON 1 LOT WHICH TOTAL 70 M2 OWNER SEES 6.2% NET RETURN BASED ON ASKING PRICE RENT IN FOR UNITS $25,168 P.A. MANAGEMENT FEES OF 7.5% + GST = $2,076 P.A. ADVERTISING FEES OF $9.53 PER MONTH = $228 P.A. ADMINISTRATION FEES OF $5.50 PER MONTH = $66 P.A. BODY CORPORATE FEES OF $5,475 P.A. RATES OF $3,076 P.A. LEAVES A NET RETURN OF $273.98 PER WEEK THE UNITS ARE A COMPLEX THAT CATER TO THE OVER 55'S WITH MANAGING AGENTS ON SITE THAT LOOK AFTER YOUR INVESTMENT AND EVEN CATER TO THE TENANTS DIETARY REQUIREMENTS. COMMON AREA POOL, ENTERTAINING AREA, DINING AREA AND LAUNDRY ALSO ARE JUST SOME OF THE OTHER FEATURES OF THIS GREAT FACILITY. ALTERNATIVELY, YOU COULD BUY FOR YOURSELF AND RENT THE OTHER UNIT OUT TO HAVE THAT BIT OF EXTRA SPENDING MONEY!
Property History for 17/158 Middle St, Cleveland, QLD 4163
- 10 Apr 2013Listed for Sale $229,000 NEG
- 04 Apr 2013Sold for $207,000
- 11 Jan 2013Listed for Sale $229,000 NEG
Recent sales nearby
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About Cleveland 4163
The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.
Cleveland has 9,109 properties. Over the last 5 years, Houses in Cleveland have seen a 90.43% increase in median value, while Units have seen a 104.55% increase. As at 31 December 2025:
- The median value for Houses in Cleveland is $1,348,743 while the median value for Units is $854,690.
- Houses have a median rent of $730 while Units have a median rent of $615.
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