1/99-113 Peverell StreetHillcrest QLD 4118
Property Details for 1/99-113 Peverell St, Hillcrest
Last Listing description (March 2023)
This easy to keep complex must be sold due to health reason and the owners will look at all offers. This lifestyle spacious 3 bedroom double garaged town house plus attached office also offers a large rear back garden suitable for buyers with children or just to relax in after a good days work.
Complex
Total number if of units: 60
Units in rental pool: 52
Managers Residence: Very Large and spacious 3 Bedroom free standing town house: Total building size 205.23 Sqm
Manager's car spaces: Double Garage
Office on title: 1
Recreation: Covered inground pool and BBQ pavilion plus Gym plus park land
Built Approximately 2012
Financials
Listed Price $ 1,160,000.00 Negotiable
Managers Unit $ 425,000.00
Management Rights $ 735,000.00 (4.67 multiply)
Nett = $155,556.00 + GST (Salary = $74,919.00 + GST)
(increases as per CPI on 23rd December)
Letting Business
Letting Pool: 52
Owner Occupiers: 3
Outside Agents: 5 (these could potentially be acquired by the manager).
Total units In Complex: 60
Agreement Term: 25 years
Agreement Remaining: 23 years
Agreement Age: 2012 years
Must be sold act now and call John Diprose for more details
Please Note: This information is provided as a guide only and is based on figures provided to Onsite Property and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite Property, its principal's, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
Property History for 1/99-113 Peverell St, Hillcrest, QLD 4118
- 14 Mar 2023Listed for Sale $1,160,000
- 19 Jan 2021Sold for $420,000
- 10 Jun 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About Hillcrest 4118
The size of Hillcrest is approximately 3.2 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of Hillcrest in 2016 was 5626 people. By 2021 the population was 6268 showing a population growth of 11.4% in the area during that time. The predominant age group in Hillcrest is 30-39 years. Households in Hillcrest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillcrest work in a machinery operators and drivers occupation.In 2021, 58.80% of the homes in Hillcrest were owner-occupied compared with 57.70% in 2016.
Hillcrest has 3,211 properties. Over the last 5 years, Houses in Hillcrest have seen a 126.67% increase in median value, while Units have seen a 158.95% increase. As at 31 January 2026:
- The median value for Houses in Hillcrest is $926,870 while the median value for Units is $624,212.
- Houses have a median rent of $613 while Units have a median rent of $540.
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