19/158 Middle StreetCleveland QLD 4163
Property Details for 19/158 Middle St, Cleveland
19/158 Middle St, Cleveland is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 70m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (June 2023)
SOLID INVESTMENT WITH GREAT RETURN & GREAT LONG TERM TENANTS
RARELY AVAILABLE POSITIVELY GEARED INVESTMENT
2 x 1 BEDROOM UNITS
2 x RENT RETURNS $525pw COMBINED
1 x RATES $1020 PER QUARTER INCLUDING WATER
1 x BODY CORP $128.50 PER WEEK COVERS BOTH
* 2 Separate units - each have 1 bedroom & 1 bathroom, kitchenette (no oven or stove), lounge and private courtyard
* Wheelchair friendly access to units and common areas throughout quiet complex
* Ideal for investors - great long term existing tenants
* No exit fees apply at all - over 55's complex with waiting list of tenants
* 1 lot of rates & body corp fees only
* Oversized community hall for dining, activities & library
* Residents can choose to opt in to lunch and dinner packages on-site
Leases expire 19/07/2023 & 09/11/2023
Property History for 19/158 Middle St, Cleveland, QLD 4163
- 24 Apr 2023Listed for Rent $285 / week
- 18 Jan 2023Sold for $255,000
- 07 Sep 2022Listed for Sale $300,000
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About Cleveland 4163
The size of Cleveland is approximately 11.7 square kilometres. There are 55 parks, covering nearly 19.2% of the 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 9,175 properties. Over the last 5 years, Houses in Cleveland have seen a 89.28% increase in median value, while Units have seen a 105.11% increase. As at 30 April 2026:
- The median value for Houses in Cleveland is $1,451,194 while the median value for Units is $929,456.
- Houses have a median rent of $783 while Units have a median rent of $620.
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