20/23-25 Blackwell St, Hillcrest is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 135m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
With long term tenants in place currently with a lease through to February 2023 and paying $365 per week, this is an excellent opportunity to add a high yield property to your portfolio. Just 7 years young, this duplex style unit has added value with only the one adjoining unit. And with just 38 units in the complex, it has a tranquillity and privacy that few townhouse developments in the area can match.
An ever popular Phillip Usher construction, and with a spacious 135m2 plan, the property has plenty on offer. Low body corporate fees will not eat into your returns and the excellent location offers easy access to local transport options as well as the Greenbank RSL, just a few minutes walk, and of course the Browns Plains Grand Plaza shopping precinct.
Property features include:
3 Generous Sized Bedrooms all with Built-In Robes
Master Bedroom with Ensuite
Family Bathroom and Separate Toilet Downstairs
Open Plan Living and Dining
Kitchen with all the Modern Appliances You Would Expect
Island Bench and Breakfast Bar
Stone Benchtops Throughout the Kitchen
Separate Laundry Downstairs
Split Air Conditioning
Single Lock Up with Plenty of Storage
Located in the growing suburb of Hillcrest, its proximity to local transport links, shopping and restaurant make it highly sought after. Just off the Mount Lindesay Highway and other major arterials, commuting is a breeze. And there are a number of wonderful schooling options all within a few minutes drive.
There are few better examples of townhouse investments than this and an inspection will have you realise that this is an opportunity too good to miss. The sellers must move this property on and instructions are clear to find new owners now. Contact our team and book your inspection today.
Note: The outline shown on the aerial photos is for illustrative purposes only and is intended as a guide to the property boundary. However we cannot guarantee its accuracy and interested parties should rely on their own enquiries.
The size of Hillcrest is approximately 3.2 square kilometres. There are 14 parks, covering nearly 12.6% of the 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 3,208 properties. Over the last 5 years, Houses in Hillcrest have seen a 128.08% increase in median value, while Units have seen a 234.64% increase. As at 30 June 2026:
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