2 Lapwing StreetInala QLD 4077
Property Details for 2 Lapwing St, Inala
2 Lapwing St, Inala is a 15 bedroom, 10 bathroom House with 5 parking spaces and was built in 2013. The property has a land size of 597m2 and floor size of 373m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (October 2021)
Under instructions from Richard Hughes as Receiver and Manager
Lot 979 on RP88823, Title Reference 50805034
*Existing structure is unapproved and uncertified. The vendor makes no representation about the current or future lawful uses of the property. Purchasers must satisfy themselves of those matters. Sold on an as is, where is basis. The below description must be read subject to this disclaimer*
AN INVESTMENT OPPORTUNITY IN A GREAT LOCATION. 2 LAPWING ST INALA represents a rare opportunity for savvy investors to add an entire block of five townhouses to their portfolio in the up and coming suburb of Inala.
Perfectly located in the heart of Inala within a stone's throw from the popular Inala Plaza Shopping Centre. This great location with potentially strong yields and capital growth make this an ideal investment.
The townhouses are on a single title, with no strata scheme in place and no body corporate fees. The property has previously generated gross rental income of approximately $86,000 per annum. Each townhouse consists of three bedrooms, two bathrooms, a modern kitchen and a single lockup garage. The building has been well maintained since initial construction works in 2013.
2 LAPWING ST INALA DESCRIPTION:
One title, five townhouses (each with three bedrooms, two bathrooms and single car lockup garage)
Previous rent of $330 to $350 a week per townhouse
Living areas fully air conditioned and tiled throughout
Two pac kitchens with stone benchtops
Neat, tidy and low maintenance
Only 350m (approx.) to Inala Plaza Shopping Centre
Close proximity to public transport
Walking distance to Richlands East State School and St Mark's Primary School
Adjacent to parklands and easy access to Blunder Road and Inala Avenue
597m2 (approx) corner block.
For the astute investor looking for a great investment in a prime location. This could be one of the best opportunities you will see for years to come. Invest now and reap the benefits in the future.
This property is being sold by auction therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Auction: On site auction, 10am Saturday, 11 September 2021
Property History for 2 Lapwing St, Inala, QLD 4077
- 11 Sep 2021Sold for $1,050,000
- 29 Jul 2021Listed for Sale Auction
- 04 Dec 2017Listed for Rent $350 / week
Recent sales nearby
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About Inala 4077
The size of Inala is approximately 6.3 square kilometres. There are 22 parks, covering nearly 9.6% of the total area. The population of Inala in 2016 was 14849 people. By 2021 the population was 15273 showing a population growth of 2.9% in the area during that time. The predominant age group in Inala is 0-9 years. Households in Inala are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inala work in a labourer occupation.In 2021, 40.50% of the homes in Inala were owner-occupied compared with 41.40% in 2016.
Inala has 5,459 properties. Over the last 5 years, Houses in Inala have seen a 121.15% increase in median value, while Units have seen a 127.70% increase. As at 31 August 2026:
- The median value for Houses in Inala is $918,610 while the median value for Units is $669,181.
- Houses have a median rent of $570 while Units have a median rent of $430.
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