39 Meranti StreetEdmonton QLD 4869
Property Details for 39 Meranti St, Edmonton
39 Meranti St, Edmonton is a 6 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 800m2.
Last Listing description (March 2023)
Dual Income - Investor Alert! Set on an 800m block is this extremely rare opportunity to purchase two, 3 bedroom homes. Both homes were built in 2009 with spacious floor plans and practicality. Suitable for a range of occupants, this is a golden opportunity for someone to live in one unit and rent the other, or rent both!
- Lock up garages with electric roller door
- Spacious living and dining areas
- Main bathroom with bathtub
- Fenced backyards
- Storage rooms
Current returns:
Unit 1 Vacant for the purpose of the sale
Unit 2 $380/week until April 2023
Rental Appraisal - $440-$460/week per home
This gives the full duplex a combined rental potential of approx. $900/week after renewal of unit 2 and an approximate 6.25% rental yield.
Located on a quiet street this area attracts long-term tenants and owner-occupiers alike. Only 1km to both Isabella State and St Therese's School, and 16km from the Cairns CBD. Be quick, these opportunities don't come up often.
*Photos of unit 2 not shown for privacy of occupant*
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Property History for 39 Meranti St, Edmonton, QLD 4869
- 08 Dec 2022Listed for Sale Under Contract
Recent sales nearby
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0About Edmonton 4869
The size of Edmonton is approximately 20.5 square kilometres. It has 29 parks covering nearly 4.9% of total area. The population of Edmonton in 2016 was 10753 people. By 2021 the population was 11409 showing a population growth of 6.1% in the area during that time. The predominant age group in Edmonton is 10-19 years. Households in Edmonton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edmonton work in a trades occupation.In 2021, 65.00% of the homes in Edmonton were owner-occupied compared with 61.10% in 2016.
Edmonton has 4,977 properties. Over the last 5 years, Houses in Edmonton have seen a 103.69% increase in median value, while Units have seen a 167.26% increase. As at 31 March 2026:
- The median value for Houses in Edmonton is $756,762 while the median value for Units is $389,102.
- Houses have a median rent of $650 while Units have a median rent of $395.
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