40/17-27 Mulgrave RoadMarsden QLD 4132
Property Details for 40/17-27 Mulgrave Rd, Marsden
40/17-27 Mulgrave Rd, Marsden is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2012. The property has a land size of 138m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (July 2023)
For all property investors, this modern, independent townhouse has a proven track record as a low-maintenance, positively geared investment and would make an excellent addition to your portfolio. It attracts quality tenants and returns over 7% rental yield! Either way, you look at it - first home owner or smart investor - this property represents money in your pocket.
The Complex The Approach in Marsden is a modern, private estate of 107 townhouses, built in 2013. Well maintained and with on-site managers, it boasts comprehensive security, complete with video surveillance. The abundance of communal areas encompasses a large inground pool, parks, and open green spaces. The Townhouse The new owners will appreciate the townhouse's minimal maintenance requirements and fantastic features:
--Modern kitchen with stainless appliances
- Massive main bathroom with bath
- Master bedroom with generous balcony
- 3 spacious bedrooms with built-in robes and ceiling fans
- Additional downstairs toilet
- Private laundry and clothesline
- Lock-up private garage and additional driveway parking
- Gas hot water system
The list of outgoing is as below:
Levy: $700/quarter
Sinking funds: $300/quarter
Rates: $530/quarter
Water: $250-350/quarter (Depends on water usage)
(fees subject to change)
Currently leased till May 2023
The Location The townhouse is situated at the corner of the complex, very spacious and private courtyard. It's directly across from a beautiful park and just a few doors down from the swimming pool. The complex is conveniently positioned near schools, shops and public transport. Don't miss your chance to add this outstanding townhouse to your property portfolio or move in with the kids and enjoy resort-style living.
Property History for 40/17-27 Mulgrave Rd, Marsden, QLD 4132
- 24 May 2023Sold for $370,000
- 15 Mar 2023Listed for Sale Offers above $360k
- 12 Sep 2013Sold for $332,000
Recent sales nearby
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About Marsden 4132
The size of Marsden is approximately 6.1 square kilometres. It has 18 parks covering nearly 11.2% of total area. The population of Marsden in 2016 was 14071 people. By 2021 the population was 14795 showing a population growth of 5.2% in the area during that time. The predominant age group in Marsden is 0-9 years. Households in Marsden are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marsden work in a labourer occupation.In 2021, 44.70% of the homes in Marsden were owner-occupied compared with 44.70% in 2016.
Marsden has 5,313 properties. Over the last 5 years, Houses in Marsden have seen a 132.28% increase in median value, while Units have seen a 148.91% increase. As at 30 November 2025:
- The median value for Houses in Marsden is $830,240 while the median value for Units is $729,349.
- Houses have a median rent of $590 while Units have a median rent of $520.
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