862 South Pine RoadEverton Park QLD 4053
Property Details for 862 South Pine Rd, Everton Park
862 South Pine Rd, Everton Park is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 408m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (August 2024)
Attention investors! A prime opportunity awaits at 862 South Pine Road, a purpose-built duplex offering an exceptional return on investment. Marketed exclusively by Justin Hicks, this property features an over-and-under duplex with a three-bedroom, two-bathroom unit upstairs and a two-bedroom, one-bathroom unit downstairs. With a potential rental income of over $1,000 per week, this property is an ideal addition to any investor's portfolio.
Property Highlights
- Upstairs Unit: A spacious three-bedroom, two-bathroom unit currently rented for $550 per week until 10/08/2024, then $585 per week till 10/08/25. This unit includes three living areas, modern finishes, and a secure double garage.
- Downstairs Unit: A well-appointed two-bedroom, one-bathroom unit currently rented for $385 per week until 04/11/2024, with a rental appraisal of $425-$450 per week. This unit offers a private entrance and ample living space, perfect for attracting quality tenants.
Investment Benefits:
- High Rental Yield: Achieve a robust rental return exceeding $1,000 per week, providing a steady income stream and helping to offset mortgage repayments.
- Separate Entrances: Each unit has its own entrance, ensuring privacy and independence for tenants, which enhances tenant satisfaction and retention.
- Quality Finishes: Both units feature modern, high-quality finishes that attract premium tenants and reduce maintenance costs.
- Ample Parking: The property includes a remote double garage with rear garden access for the upstairs unit, street parking options for the downstairs unit.
- Convenient Location: Situated near local schools, the CBD, and Everton Park Plaza, this property is in a desirable location that appeals to a broad range of tenants.
Current Tenancy Details:
- Upstairs Unit: 3 bedrooms, 2 bathrooms, 2 garages-currently rented for $550 per week until 10/08/2024, then $585 per week till 10/08/25
- Downstairs Unit: 2 bedrooms, 1 bathroom-currently rented for $385 per week until 04/11/2024. (Current rental appraisal: $425-$450 per week)
This property is ready for investors seeking a low-maintenance, high-yield investment. Don't miss out on the opportunity to secure a solid investment in a sought-after location.
Contact Justin Hicks today to arrange your inspection and learn more about this outstanding investment opportunity at 862 South Pine Road.
"All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries."
Property History for 862 South Pine Rd, Everton Park, QLD 4053
- 27 Jul 2024Sold for $1,030,000
- 29 Apr 2024Listed for Sale Under Contract :)
- 11 May 2022Listed for Sale Fully leased for $850 per week
Recent sales nearby
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0About Everton Park 4053
The size of Everton Park is approximately 4.4 square kilometres. It has 16 parks covering nearly 8.1% of total area. The population of Everton Park in 2016 was 8862 people. By 2021 the population was 10111 showing a population growth of 14.1% in the area during that time. The predominant age group in Everton Park is 30-39 years. Households in Everton Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Everton Park work in a professional occupation.In 2021, 58.20% of the homes in Everton Park were owner-occupied compared with 61.00% in 2016.
Everton Park has 5,354 properties. Over the last 5 years, Houses in Everton Park have seen a 81.29% increase in median value, while Units have seen a 115.63% increase. As at 30 November 2025:
- The median value for Houses in Everton Park is $1,195,216 while the median value for Units is $829,384.
- Houses have a median rent of $700 while Units have a median rent of $648.
Suburb Insights for Everton Park 4053
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