6/126 Pease StreetManoora QLD 4870
Property Details for 6/126 Pease St, Manoora
6/126 Pease St, Manoora is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 77m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
Currently returning the highly desirable and increasingly hard to find, 5% net returns, with the possibility to add further value and dramatically increase your rental yields even further, apartment 6 in the quaint Caulfield Gardens complex is a proverbial uncut diamond. Opportunity awaits.
The Facts
- 2 story townhouse design
- Privately located at the rear of the complex
- Self contained internal laundry
- Very sturdy, solid block construction
- Secure, undercover parking
- Across the road from Piccones shopping centre
- Close to transport, entertainment and schools
- Within Edge Hill Primary School catchment area
The Figures
- Currently rent return $305 per week
- Leased until July 2023
- Council Rates $2600 per year approx
- Cheap Body Corp of just $4,413
- Rent potential if renovated $360 per week plus
- Potential of over 7% net returns
Perfect for the ambitious investor, this solid townhouse is an exceptional opportunity to get into the market and start making money from day one, while possibly planning and preparing for a highly profitable renovation that will lead you to the kind of phenomenal returns that you just cant find on the market today.
For all enquiries, contact Tim Lyon on - 0400 355 706
*Please note, this is a tenanted property. To protect the tenants privacy, all images advertised are from prior to the tenants moving in*
Property History for 6/126 Pease St, Manoora, QLD 4870
- 06 Oct 2022Sold for $170,000
- 28 Sep 2022Listed for Sale Under Contract
- 14 May 2019Listed for Rent $300 / week
Recent sales nearby
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0About Manoora 4870
The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2016 was 6027 people. By 2021 the population was 6175 showing a population growth of 2.5% in the area during that time. The predominant age group in Manoora is 20-29 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation.In 2021, 37.40% of the homes in Manoora were owner-occupied compared with 32.00% in 2016.
Manoora has 3,166 properties. Over the last 5 years, Houses in Manoora have seen a 74.61% increase in median value, while Units have seen a 154.36% increase. As at 31 December 2025:
- The median value for Houses in Manoora is $570,227 while the median value for Units is $398,199.
- Houses have a median rent of $495 while Units have a median rent of $430.
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