3/85 Queens RoadHermit Park QLD 4812
Property Details for 3/85 Queens Rd, Hermit Park
3/85 Queens Rd, Hermit Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 90m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (September 2024)
Welcome to 3/85 Queens Road, Hermit Park, Qld 4812, a modern and well-maintained unit offering comfort, convenience, and a desirable location. This modern unit offers not only a contemporary living experience but also an impressive gross potential yield of 9.16%. With a land size of 90 m2, this unit boasts 2 bedrooms, 1 bathroom, and 1 parking space.
Step inside this well-maintained unit to discover its neat and tidy presentation, spacious courtyard, modern kitchen, and stylish bathroom. The vinyl plank flooring and air conditioning throughout ensure a comfortable and appealing atmosphere for tenants.
Located in the sought-after Hermit Park, this property enjoys proximity to convenient shops, schools, and amenities. With supermarkets, cafes, restaurants, and recreational facilities just a short distance away, tenants will appreciate the convenience of this location. Families will also benefit from the availability of reputable schools in the area.
Investors will find this property highly attractive. Currently generating a rental income of $300 per week, this unit offers a remarkable gross potential yield of 9.16%. The low body corporate fees help maximize returns, with an established tenant in place until September 2024, ensuring a hassle-free investment period.
Your Property:
- Modern unit with a comfortable and contemporary living experience
- 2 bedrooms with built-in wardrobes for ample storage
- Recently refreshed bathroom
- Spacious courtyard for outdoor enjoyment
- Modern kitchen with all the necessary amenities
- Vinyl plank flooring for a sleek and durable finish
- Split system air conditioning installed throughout for year-round comfort
- External laundry for added convenience
- Great location in Hermit Park, close to shops, schools, and amenities
Your investment:
- Current rental income of $300 per week
- Gross potential yield of 9.16%
- Low body corporate fees - approximately $1,894.15 per half year
- Rental appraisal - $350-$370 per week
- Established tenant in place until September 2024
Don't miss out on this fantastic opportunity to own a modern unit in a convenient location. Contact Team Waugh, represented by Monet Griffin 0403 307 623 and Coralie Macdonald 0413 450 652, to arrange an inspection and secure your future in 3/85 Queens Road, Hermit Park.
Property History for 3/85 Queens Rd, Hermit Park, QLD 4812
- 29 Jul 2024Sold for $227,500
- 19 Apr 2024Listed for Sale Offers Over $210,000
- 01 Sep 2022Listed for Rent $290 / week
Recent sales nearby
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0About Hermit Park 4812
The size of Hermit Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 26.4% of total area. The population of Hermit Park in 2016 was 3414 people. By 2021 the population was 3512 showing a population growth of 2.9% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation.In 2021, 49.20% of the homes in Hermit Park were owner-occupied compared with 47.00% in 2016.
Hermit Park has 2,083 properties. Over the last 5 years, Houses in Hermit Park have seen a 98.27% increase in median value, while Units have seen a 150.32% increase. As at 31 October 2025:
- The median value for Houses in Hermit Park is $603,069 while the median value for Units is $396,080.
- Houses have a median rent of $430 while Units have a median rent of $400.
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