10 Narella St, Collingwood Park is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 450m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Cash flow positive Dual Key property offering a great return on investment. Facts & Figures - built in 2018 so ample tax depreciation - remainder of builders structural warranty - Dual key or an auxiliary dwelling means if one tenant vacates you still have rent coming in with the other unit - figures sourced from Corelogic August 2022 indicate Collingwood Park capital growth over the past 12 months of 38.29% - High Yield of 5% plus Long term tenants in place that actually look after the property, both units have had the same tenants for approx 4 years.
Unit 1
o Master Bedroom| Ensuite | Built-In Robe
Unit 2
o Master Bedroom with Built-In Robes
o Modern Bathroom
o Air-Conditioned Kitchen, Living & Dining Area
o Internal Laundry
o Under Cover Patio
o Single Remote Garage
o Security Screens
o Fully Fenced Back Yard
o New Lease Signed for Sept 2022 Sept 2023 at $275 Per Week
Narella Street is located in the new estate of Six Mile Creek within the Woodlinks State School catchment and a 5 minute drive to Redbank Plains Town Square and train station plus only a 10 minute drive to Springfield Central with the Orion Shopping Centre, Lagoon and Uni of Southern Qld
For Further Information please contact Adam on 0499 007 797
Disclaimer:
PLEASE NOTE: *With the advice and direction from Federal Government and Real Estate Institution of QLD (REIQ), we are excited to now be conducting open inspections. Please keep in mind restrictions still apply with a maximum of 50 attendees inside the property at one time. Social distancing and hygiene protocols will also be strongly observed.
*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.
The size of Collingwood Park is approximately 7.4 square kilometres. It has 16 parks covering nearly 11.9% of total area. The population of Collingwood Park in 2016 was 7104 people. By 2021 the population was 9246 showing a population growth of 30.2% in the area during that time. The predominant age group in Collingwood Park is 0-9 years. Households in Collingwood Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Collingwood Park work in a community and personal service occupation.In 2021, 62.90% of the homes in Collingwood Park were owner-occupied compared with 61.50% in 2016.
Collingwood Park has 6,048 properties. Over the last 5 years, Houses in Collingwood Park have seen a 138.54% increase in median value, while Units have seen a 192.44% increase. As at 31 October 2025:
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